Trade Compliance Analyst jobs in Colchester, VT

To research and recommend product structures with the majority of assigned projects to result in state product filings. To monitor regulatory and legislative changes with the purpose of keeping underwriting management abreast of changes and their impact on underwriting products and transactions. To assist with company responses to consumer complaints, market conduct examinations, and insurance department data calls and reporting.

DUTIES & RESPONSIBILITIES

• Perform a wide range of product and underwriting functions and analysis.
• Complete competitor coverage form and policy analysis.
• Monitor and analyze ISO rule and form filings and make appropriate recommendations on company action.
• Assist with product development including authoring rules and forms for a new product offerings.
• Coordinate the state product filing process including but not limited to:
  1. Compose “boilerplate” correspondence used in multi-state filings;
  2. Compile filing materials with completeness and accuracy;
  3. Respond to State Insurance Department requests;
  4. Monitor filing status;
  5. Organize and maintain detailed records on all company filings.
• Assist in the implementation of new products including but not limited to:
  1. Provide product interpretations for system development;
  2. New product education of underwriting and marketing management;
  3. Assist in the development of new product underwriting manuals;
  4. Assist in the electronic distribution and placement on Company website of product release letters and supporting materials.
• Monitor regulatory and legislative changes;
• Analyze and interpret compliance requirements for regulatory and legislative changes;
• Collaborate with underwriting management to develop a strategy to address regulatory changes, and follow up with appropriate areas to ensure required changes are implemented.
• Coordinate, track and review company responses to consumer complaints.
• Coordinate, track and review company responses to state insurance department inquires, data calls, market conduct examinations, audits and reporting.
• Performs other duties or special projects as required or assigned.

SUPERVISION RECEIVED

General supervision is received from the department head.

QUALIFICATIONS

• Bachelor's degree in political science, legal studies, economics, business or related field, plus two to three years of relevant insurance underwriting experience, or a combination of education and experience from which comparable knowledge and skills are acquired.
• Excellent mathematical and analytical skills.
• Strong knowledge of the insurance industry.
• Strong underwriting background.
• Proficient in the use of Microsoft Office, including Word, Outlook and Excel; Experience with Imaging

Systems.

• Ability to represent the company and deal effectively with government insurance department personnel; ability to work effectively with a wide variety of company personnel.
• Good reading and writing skills.
• Good team person.
• Highly motivated.

PHYSICAL DEMANDS/WORKING CONDITIONS

• Predominately sedentary office position with high frequency of keyboarding/computer work required.
• The physical demands are minimal and typical of similar jobs in comparable organizations.
• The work environment is representative and typical of similar jobs in comparable organizations.