Sr. Team Member - Insurance Compliance Auditor

Responsibilities:

• Plan, execute, and document compliance audits.
• Evaluate the effectiveness of internal controls designed to ensure compliance with insurance laws, regulations, and company policies.
• Review various aspects of insurance operations, including underwriting, claims handling, policy servicing, distribution compliances, marketing, and agent licensing.
• Identify and assess compliance risks and recommend strategies to mitigate those risks.
• Gather, analyze, and interpret data to identify trends, potential non-compliance issues, and areas for improvement.
• Prepare clear, concise, and objective audit reports summarizing findings, conclusions, and recommendations.
• Communicate audit findings and recommendations to management and follow up on the implementation of corrective actions.
• Stay up-to-date on changes in insurance laws, regulations, and industry best practices.
• Collaborate with other departments to promote a culture of compliance.
• Assist in the development and maintenance of compliance policies and procedures.
• Perform other related duties as assigned.