Arch Capital Group Ltd.

AVP, Compliance

Arch Capital Group Ltd.  •  Alpharetta, GA (Onsite)  •  12 hours ago
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Job Description

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility℠.

Job Description

The Assistant Vice President, Compliance will report directly to Vice President, Compliance. Responsible for providing regulatory and compliance support for the Warranty & Lenders Solutions business unit. The position requires the preparation and submission of form and rate filings for our consumer products for our insurance and obligor companies and certain additional statutory filings as needed. They will lead the compliance team with researching, analyzing, and evaluating state and federal regulations to determine the impact on Arch’s products, policies, procedures, standards, and administration.

Responsibilities

  • Oversee and file with state insurance regulators forms, rates and rules utilizing the Filing Ramp & SERFF software applications.
  • Develop filing strategies and product tools to further the most efficient product implementation.
  • Work closely with other departments (underwriting, actuarial, legal, product development) to monitor and communicate filing methods and procedures to ensure rate and form filings in use are accurate and current.
  • Oversee and coordinate process for responding to state objections. Oversee needs for extensions, resubmissions, withdrawals with considerations of individual states’ restrictions and deadlines.
  • Coordinate and document all activities surrounding the filing, approval, disapproval of all filings with state insurance departments.
  • Research, analyze, evaluate, and publish regarding new laws and regulations affecting consumer products and business units’ policies, and procedures.
  • Develop compliance tools to review consumer forms specific to the Lender’s products.
  • Oversee compliance staff in handling internal compliance audits and obligor license renewals.
  • Assist Compliance staff in complaint handling process.
  • Assist Compliance staff with any market conduct reviews, inquiries

Requirements

  • 10+ years of experience in insurance compliance, regulatory / state filings.
  • Ability to effectively communicate ideas, issues and solutions to diverse audience in writing and orally.
  • Excellent inter-personal relationship skills and the ability to work effectively across a large, multi-dimensional organization.
  • Demonstrates high level of organizational skills and attention to detail.
  • Intermediate computer skills, and knowledge of and ability to use standard industry programs and websites.
  • Working knowledge of insurance principles procedures and best practices, state insurance regulation and filing requirements are a plus.
  • Ability to interpret relevant industry trends and information within the industry and react in alignment with company strategic objectives.
  • Availability for some travel between the home office and the business unit’s office.
  • Understanding of P&C insurance licensing requirements and service contract obligor licensing set up and maintenance requirements.
  • Background or knowledge of motor vehicle, service contracts and finance & lenders insurance products
  • Background & knowledge in forced place insurance and debt protection products such as vehicle GAP and excess wear and tear.

Education

  • Bachelor’s Degree preferred.

Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

14400 Arch Insurance Group Inc.

Arch Capital Group Ltd.

About Arch Capital Group Ltd.

Arch is a leading global insurer with operations in more than a dozen countries. We write insurance, reinsurance and mortgage insurance on a worldwide basis, with corporate headquarters in Bermuda.

Our customers value us as an innovative partner and dependable risk manager with decades of fresh ideas and solid results. Since our formation in 2001, Arch has grown organically, by building capacity in diverse lines of insurance, and through targeted acquisitions of businesses that enhance our offerings and fit our culture.

We see our employees as our greatest asset and we’re deeply committed to doing what’s right for our people and the communities where we live and work. That’s why we offer what matters to our expanding, diversifying team — from a collaborative and creative environment, to professional growth opportunities and forums to advocate for one another and spark change.

As a corporation, we support initiatives to improve housing, education and equity around the world. At the same time, we encourage our employees to give to the causes that matter to them by providing Volunteer Time Off and Matching Gifts programs.

Whether you’re looking for an insurance solution, a place to grow your career or simply to better understand what we offer our shareholders, we’re glad you’re here.

ATTENTION JOB SEEKERS

Arch Capital Group Ltd. (Arch) and its affiliates take your interest in working here very seriously.

If you receive a communication or email, please be vigilant to fraudulent activity asking you to submit any personal information. DO NOT send money or share any details with someone suggesting they can provide employment with Arch. Your information should only be entered into our official job portal.

Please know the following about our interviewing and hiring practices:

We never make job offers without a formal interview process. We never ask you to send money of any kind.

Industry
Finance & Insurance
Company Size
1,001-5,000 employees
Headquarters
Bermuda (Pembroke, BM
Year Founded
Unknown
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