Senior Compliance Analyst - Auto Insurance

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Why Join GAINSCO?

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The Senior Compliance Analyst is responsible for projects and analysis related to compliance, legislative tracking, new state entry and Personal Auto Policy and product development. Must identify regulatory, statutory, and case law changes and determine how they will impact our business and effectively communicate the steps we must take to respond to the changes in large multi-departmental settings that include Senior Management. This role will use critical perspective and analysis to research, identify, and evaluate new product opportunities and modify existing procedures based on knowledge of the auto insurance marketplace, case law, statutory, and regulatory research, business metrics, and discussions with other departments.

What does a SENIOR COMPLIANCE ANALYST do at GAINSCO?

• Must identify regulatory, statutory, and case law changes and determine how they will impact our business and effectively communicate the steps we must take to respond to the changes in large multi-departmental settings that include Senior Management
• Will also use critical perspective and analysis to research, identify, and evaluate new product opportunities and modify existing procedures based on knowledge of the auto insurance marketplace, case law, statutory, and regulatory research, business metrics, and discussions with other departments.
• Understand compliance and how it relates to insurance.
• Provide strategic direction for law changes and ensure regulatory compliance with state and federal regulations and statutes.
• Ensure compliance issues are appropriately identified, evaluated, investigated, and resolved.
• Experience reading and/or creating a Personal Auto Policy.
• Must consider multiple distribution channels when modifying existing products and rules or designing new ones.

What is required?

Education:

• Bachelor's degree, with preference given to Law, Insurance, Finance, Statistics, Math, Accounting, or a related field of study.

Experience:

• 5 or more years compliance experience in the insurance industry required; experience with personal auto insurance products strongly preferred.
• Previous experience required collaborating with Product, Claims, and/or Marketing departments for new state implementation and research and development of business requirements.
• Previous experience with personal automobile policy contract language construct and other insurance documents including but not limited to the declarations page, named driver exclusions, cancellation, and nonrenewal requirements, etc.
• Previous experience required with understanding compliance in relation to insurance.

Other skills and abilities:

• Experience reading and/or creating a Personal Auto Policy.
• Provide strategic direction for law changes and ensure regulatory compliance with state and federal regulations and statutes.
• Excellent verbal and written communication skills including the ability to effectively present summary of analytical work and ideas to Senior Management, other departments, and staff.
• Ability to gather, extract, monitor, format and understand information and express ideas effectively at all levels of the organization.
• Strong analytical, problem solving and research skills.
• Excellent project management, organizational and time management skills including ability to multi-task, prioritize, and organize.
• Proven problem solving and analytical skills used to make decisions regarding the Product.
• Familiarity with West Law, Wolters Kluwer, LexisNexis or similar research platforms is preferable.

What else do you need to know?

• Hybrid if in the Dallas/Fort Worth area; Applicants outside of the DFW area will be Remote
• Excellent benefits package: medical & dental, vision insurance, life insurance, short-term and long-term disability insurance.
• Parental Leave Policy
• 401K + Company Match
• PTO Plan+ Paid Company determined Holidays.

Applicants are required to be eligible to lawfully work in the U.S. immediately; employer will not sponsor applicants for U.S. work authorization (e.g. H-1B visa) for this opportunity

All offers are contingent upon a successful background investigation (including employment, education, criminal and DMV verification- when applicable) and a pre-employment drug test with results satisfactory to GAINSCO.

GAINSCO is an Equal Employment Opportunity Employer