Job Summary
The Compliance Specialist utilizes technical knowledge and decision making skills to ensure that the company’s procedures and operations are compliant with regulatory requirements and company policies. Results are documented in compliance reports. Meet with management teams to communicate compliance results and recommend appropriate controls. Assist Compliance Department leadership with the execution of responsibilities under the Policy of the Compliance Function, including but not limited to: annual compliance plan; group compliance requirements; and the administration and management of the regulatory alignment function, customer complaints, vendor approvals, compliance training, and compliance awareness processes.
Position is Hybrid in Webster MA (3 days in office, 2 remote) Salary commensurate with experience $68,000-$82,000
Knowledge, Skills and Abilities
Education: Bachelor’s Degree or professional level of knowledge in a specialized field, or equivalent, related experience.
Experience: 2 – 4 years – or Associates Degree equivalent plus 4 – 6 years.
Knowledge: Complete understanding and knowledge of industry practices, standards, and concepts within field of work. Applies them to perform or lead work requiring extensive analytical business skills.
Decision Making: Makes decisions using broad management limits. Applies guidelines and procedures that leave considerable room for discretion and interpretation. Decisions directly influence project, client relationships and or expenditures. Additionally, decisions exert some influence on organization’s long-range goals and objectives. Participates in determining objectives of assignments.
Supervision Received: Work is performed without appreciable direction. Exercises considerable latitude in determining objectives and approaches to assignment.
Leadership: Provides guidance and training to less experienced staff as needed. Takes a lead role in group, team or project.
Problem Solving /Operations/Direct Work Involvement: Develops solutions to complex problems which require the regular use of innovation. Ensures that solutions are effective in meeting organizational objectives. Questions problem definition to address underlying issues.
Client Contacts: Manages internal and external relationships. Represents organization as prime contact for projects and other necessary communications. Interaction may include senior internal and external personnel on significant matters often requiring complex coordination between organizations. Communication involves persuasion and negotiation, as applicable. Seeks ways of improving client service.
Additional Knowledge, Skills and Abilities
- Excellent verbal and written communication skills are required. Individual must possess the ability to effectively communicate and interact with all levels, including Senior Management.
- Ability to work independently and maintain confidentiality.
- Proficiency and experience utilizing all Microsoft O365 Suite packages to engage in day to day business communications. Data analysis and result visualization tool experience a plus, i.e. SQL, SAS, Power BI, etc.
- Strong time management skills. Position is ideal for inquisitive self-starters who proactively take initiative.
- Strong analytical and critical thinking skills, including excellent attention to detail, are required.
- Ability to evaluate problems and perform root cause analyses is required to provide corrective action recommendations to management.
If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at talentacquisition@mapfreusa.com.
We are proud to be an equal opportunity employer.