CopperPoint Insurance Companies
Compliance Specialist Lead
CopperPoint Insurance Companies, New York, New York, United States
Compliance Specialist Lead
CopperPoint has an exciting opportunity for a Compliance Specialist Lead! This role plays a key part in supporting the development and administration of an effective regulatory compliance program to ensure adherence to state regulatory and statutory requirements. The Compliance Specialist Lead will research, investigate, and resolve compliance issues, maintain clear communication with regulators, and oversee the appointment of agencies and producers in alignment with state regulations. This position offers the opportunity to make a meaningful impact on the company’s compliance strategy and operations.
Job Responsibilities
Leads team of compliance professionals with corporate compliance work
Participates in the administration and oversight of compliance programs for all jurisdictions and product lines written by CopperPoint
Works with the CCO, VP Compliance, compliance team members, and Compliance Oversight Committee to assist CopperPoint departments to develop and implement compliance programs that include: identification of applicable regulatory requirements, creating control plans to ensure compliance, monitoring for changes to requirements, identifying areas of non‑compliance and implementing and tracking actions to restore compliance
Assists in coordinating and administering licenses held by the CopperPoint group and in making required filings to maintain those licenses with state insurance departments, secretaries of state, corporation commissions, etc.
Coordinates and maintains log of responses to regulatory matters and/or inquiries from regulators.
Research, document, communicate and track compliance‑related legal and regulatory changes and information arising from bulletins and other information issued by regulatory and non‑regulatory authorities (including PCI, NAMIC, NAIC, NCCI, ISO and AAIS) affecting lines of business written by CopperPoint and follows up to ensure implementation of necessary changes
Assists in reviewing new and revised insurance products, policies and other required forms to ensure compliance with state regulatory and statutory requirements and in making required filings
Assists in coordinating regulatory examinations and audits (i.e. financial exams, market conduct exams) and responses to data calls and surveys and complaint responses
Manages regulatory/compliance software as needed
Perform other compliance, legal and administrative tasks
Supports the Compliance Committee, ad‑hoc and special projects
Helps to develop, implement and continually improve processes and procedures
Prepares reports and metrics for the compliance team, as needed
Works with Underwriting and Business Development & Distribution as customer service contact for appointment statuses, appointment procedures, and state regulations.
In compliance with state regulation, ensures agencies and producers have valid licenses, are appointed, and provided complete required documentation of licensing.
Maintains agency and producers’ spreadsheets, communicates to agencies and producers as needed, and supports other departments on an as needed basis.
Qualifications/Competencies
Bachelor’s degree in business, marketing, related discipline, or equivalent experience.
A minimum of 2 years insurance industry experience preferred.
Work Location
This position offers flexible work options and can be hybrid or fully remote, depending on the candidate’s location.
Benefits
Employees and their families are eligible to participate in CopperPoint Insurance Companies benefit plans including medical, dental, vision, short‑term disability, long‑term disability, life insurance, a health savings account, a flexible spending account, and a 401(k) plan.
We provide some benefits at no cost to the employee (Basic Life Insurance and AD&D at two times an employee’s annual salary, Short‑ and Long‑term Disability coverage, and Employee Assistant Plan).
Employees will accrue 0.0769 hours of Paid Time Off (PTO) per paid hour, which may total 20 days a year. In addition, employees will also receive 10 paid holidays throughout the calendar year.
Salary Range
$85,000.00 – $115,000.00 annually
Compensation may vary depending on skills, experience, education, and geographical location.
In addition to base salary, compensation may include an annual discretionary bonus.
Founded in 1925, CopperPoint Insurance Companies is a leading provider of workers’ compensation and commercial insurance solutions. With an expanded line of insurance products and a growing ten‑state footprint in the western United States, CopperPoint embodies stability for policyholders in Alaska, Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah, and Washington. CopperPoint Mutual Insurance Holding Company is the corporate parent of Arizona-based CopperPoint Insurance Companies, California-based Pacific Compensation Insurance Company, Alaska National Insurance Company, and other CopperPoint Insurance Entities.
CopperPoint’s culture of compassion extends to the community through employee volunteerism, corporate matching, Board service, program sponsorships and in‑kind contributions. We empower employees by providing 12 hours of paid volunteer time annually and matching their personal contribution to the charities of their choice up to $500 per year. In 2020, CopperPoint employees reported 3,500 volunteer hours.
CopperPoint offers a competitive compensation package and comprehensive benefits package including major medical, dental, vision and a wide range of competitive benefits programs, generous matching contributions to your 401(k) plan, generous paid time off, tuition reimbursement and other education benefits and business casual dress. CopperPoint is an equal employment opportunity employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by state, federal or local law. CopperPoint maintains a drug‑free workplace.
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Job Responsibilities
Leads team of compliance professionals with corporate compliance work
Participates in the administration and oversight of compliance programs for all jurisdictions and product lines written by CopperPoint
Works with the CCO, VP Compliance, compliance team members, and Compliance Oversight Committee to assist CopperPoint departments to develop and implement compliance programs that include: identification of applicable regulatory requirements, creating control plans to ensure compliance, monitoring for changes to requirements, identifying areas of non‑compliance and implementing and tracking actions to restore compliance
Assists in coordinating and administering licenses held by the CopperPoint group and in making required filings to maintain those licenses with state insurance departments, secretaries of state, corporation commissions, etc.
Coordinates and maintains log of responses to regulatory matters and/or inquiries from regulators.
Research, document, communicate and track compliance‑related legal and regulatory changes and information arising from bulletins and other information issued by regulatory and non‑regulatory authorities (including PCI, NAMIC, NAIC, NCCI, ISO and AAIS) affecting lines of business written by CopperPoint and follows up to ensure implementation of necessary changes
Assists in reviewing new and revised insurance products, policies and other required forms to ensure compliance with state regulatory and statutory requirements and in making required filings
Assists in coordinating regulatory examinations and audits (i.e. financial exams, market conduct exams) and responses to data calls and surveys and complaint responses
Manages regulatory/compliance software as needed
Perform other compliance, legal and administrative tasks
Supports the Compliance Committee, ad‑hoc and special projects
Helps to develop, implement and continually improve processes and procedures
Prepares reports and metrics for the compliance team, as needed
Works with Underwriting and Business Development & Distribution as customer service contact for appointment statuses, appointment procedures, and state regulations.
In compliance with state regulation, ensures agencies and producers have valid licenses, are appointed, and provided complete required documentation of licensing.
Maintains agency and producers’ spreadsheets, communicates to agencies and producers as needed, and supports other departments on an as needed basis.
Qualifications/Competencies
Bachelor’s degree in business, marketing, related discipline, or equivalent experience.
A minimum of 2 years insurance industry experience preferred.
Work Location
This position offers flexible work options and can be hybrid or fully remote, depending on the candidate’s location.
Benefits
Employees and their families are eligible to participate in CopperPoint Insurance Companies benefit plans including medical, dental, vision, short‑term disability, long‑term disability, life insurance, a health savings account, a flexible spending account, and a 401(k) plan.
We provide some benefits at no cost to the employee (Basic Life Insurance and AD&D at two times an employee’s annual salary, Short‑ and Long‑term Disability coverage, and Employee Assistant Plan).
Employees will accrue 0.0769 hours of Paid Time Off (PTO) per paid hour, which may total 20 days a year. In addition, employees will also receive 10 paid holidays throughout the calendar year.
Salary Range
$85,000.00 – $115,000.00 annually
Compensation may vary depending on skills, experience, education, and geographical location.
In addition to base salary, compensation may include an annual discretionary bonus.
Founded in 1925, CopperPoint Insurance Companies is a leading provider of workers’ compensation and commercial insurance solutions. With an expanded line of insurance products and a growing ten‑state footprint in the western United States, CopperPoint embodies stability for policyholders in Alaska, Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Utah, and Washington. CopperPoint Mutual Insurance Holding Company is the corporate parent of Arizona-based CopperPoint Insurance Companies, California-based Pacific Compensation Insurance Company, Alaska National Insurance Company, and other CopperPoint Insurance Entities.
CopperPoint’s culture of compassion extends to the community through employee volunteerism, corporate matching, Board service, program sponsorships and in‑kind contributions. We empower employees by providing 12 hours of paid volunteer time annually and matching their personal contribution to the charities of their choice up to $500 per year. In 2020, CopperPoint employees reported 3,500 volunteer hours.
CopperPoint offers a competitive compensation package and comprehensive benefits package including major medical, dental, vision and a wide range of competitive benefits programs, generous matching contributions to your 401(k) plan, generous paid time off, tuition reimbursement and other education benefits and business casual dress. CopperPoint is an equal employment opportunity employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by state, federal or local law. CopperPoint maintains a drug‑free workplace.
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