Sr Regulatory and Filings Analyst

Company



HSB



Location



Hartford
, United States

This is a multi-function position that focuses on incorporating state and federal insurance regulations into HSB's direct and reinsured products throughout the product and filings life cycles. This role is responsible for the development and maintenance of highly customized product specific rate and rule manuals that are used across direct and reinsured products and enable achieving the intended business outcome for those filing materials. In addition, this role is assigned to our top tier, most sophisticated partner insurance companies for our reinsured products.

This position, as a valued member of our Client Integration Teams (CIT), plays a key role in collaborating with partner carrier counterparts to integrate HSB's products in a way that ensures regulatory compliance and operational efficiency, focusing on the nuances of rates and rules to drive successful implementation. For HSB's direct distribution products, this position provides regulatory consultation, filing strategy and expertise to ensure seamless deployment of HSB's direct products into the market to support business initiatives. This role develops and provides required comprehensive and state and federal compliant rate/rule filings to be filed with the respective state Departments of Insurance.

For direct and reinsured products, they are responsible for responding to state Department of Insurance rate and rule objections, and if necessary, consults with product management, pricing and actuarial, underwriting and/or legal to ensure ultimate Dept of Insurance approval. In addition, this role is responsible for providing direct and reinsured product expertise, implementing regulatory requirements into underwriting rate development standards and creating surveillance of state regional regulatory bulletins and trends with an overall focus on state and federal compliance with insurance regulations.

Qualifications

Education and Experience:

• Bachelor's degree
• 7+ years' experience working in state insurance regulations, insurance coverage or filings
• Experience working independently and within a team environment

Knowledge and Skills:

• Analytical and problem-solving skills: Strong analytical and research skills, critical thinking, problem-solving, and decision-making abilities
• Regulatory Understanding & Expertise: Strong working knowledge of state filings and regulations, ability to interpret regulatory trends, and experience providing regulatory compliance support
• Communication and interpersonal skills: Strong written and verbal communication skills, customer-centric orientation, relationship-building skills, and ability to influence stakeholders
• Organizational and time management skills: Strong prioritization, organizational, and time management skills, with ability to multitask and manage multiple priorities
• Leadership and supervisory skills: Leadership skills, supervisory experience, and ability to manage ambiguity and complexity
• Product and technical expertise: Deep product or product family expertise within the Global Corporate Underwriting division, competent understanding of actuarial support and underwriting, and ability to determine operational impact.
• Industry Specific & Systems Knowledge: Familiar with SERFF, APCIA, ISO, NILS, Word, Excel, PowerPoint, S&P Global

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.