• Senior Compliance Analyst

    Location US-FL-Lakeland
    Posted Date 3 weeks ago(5/4/2018 3:20 PM)
    Job ID
    # Positions
    Position Type
    Full Time
  • Overview

    Headquartered in the Central Florida city of Lakeland, Summit employs nearly 800 office and field associates at its main location and regional offices in Baton Rouge, Louisiana, and Gainesville, Georgia. As the people who know workers’ comp, we strive to provide an atmosphere of constant growth and development for our employees.

    Summit provides workers’ compensation programs and services to approximately 40,000 employers throughout the Southeast.

    Summit is a member of Great American Insurance Group, a company that focuses on building relationships and linking people to various career paths. Whether it’s underwriting, claims, accounting, IT, legal, or customer service, Great American Insurance Group combines a small-company entrepreneurial atmosphere with big- company expertise.


    • Administers and may participate in the development and implementation of Compliance programs. Ensures compliance with the laws, regulations and rules of federal, state, and self-regulatory organizations
      • Prepares and files regulatory and compliance documents and/or reports
      • Handles interactions pertaining to approvals
      • Analyzes and responds to objections and inquiries from authorities
      • Creates forms and reports to comply with new or existing regulatory requirements. Prepares memorandums regarding the use of forms
      • Responsible for reporting and/or investigating any non-compliance or suspected fraudulent acts
      • Ensures that investigations follow approved processes. Presents clear, concise and factual reports that enable fair and relevant decisions to be made
      • Drafts and delivers complaint responses
      • Administers and may participate in the development and implementation of Anti-Money Laundering (AML) guidelines
      • Complies with Privacy Practices
    • Receives, analyzes, interprets and responds to regulatory matters and/or inquiries from the various state departments of insurance, federal agencies, self-regulatory organizations, industry associations and/or internal and external customers. Refers more complex matters to appropriate staff, as needed
    • Coordinates, administers, reports on and develops audit/review processes
    • Maintains and retrieves material from departmental databases and files
    • Performs research
      • Reviews policy administration issues, which may include powers of attorney, trusts and/or conservator-ships
      • Evaluates and interprets new or revised statutes/regulations/rules to effectively implement new requirements according to changes and updates in laws, rules and regulations
    • May review proposed advertising and marketing materials for compliance with State Advertising rules, regulations, product features and/or contract language
      • Drafts product disclosures
      • Develops and maintains product audit/issues instructions for new product implementation
    • May provide back-up coverage for other compliance areas
    • Maintains and leverages strong relationships within state insurance departments and/or other regulatory authorities. Acts as a liaison between the organization, specific departments/business units, third party vendors and regulatory authorities
    • Demonstrates expert knowledge of the organization, regulatory agencies and current trends in ensuring compliance
    • Provides technical advice to less experiences positions and other functional areas
    • Performs other duties as assigned


    Education: Bachelor's Degree or equivalent


    Experience: 5 or more years of insurance/securities related experience. Continuing progress toward and/or the completion of an Associate Insurance Regulatory Compliance (AIRC) designation


    Knowledge of Excel, Word, Adobe


    Strong written & verbal communication skills


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