Regulatory Specialist

Full Time
Rosemont, IL
Posted 1 day ago
Job description
What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it. Because, at Markel, the work you do gives people the confidence to move forward and seize opportunities. Whether you’re wild about horses, bananas for boats or driven by data, you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs.

Join us and play your part in something special!

The Regulatory Specialist Manager is responsible for overseeing the day to day operations of the regulatory specialist team within Legal and Compliance Department. In addition to ensuring successful execution of the team’s responsibilities, the manager will be responsible for providing supervisory support, creating efficient processes, and leveraging technologies to automate and simplify regulatory filings. The regulatory specialist team is responsible for supporting the Markel US Insurance Division efforts to ensure compliance with state laws and regulation as they relate to insurance operation, specifically licensing and registration, certain data calls, as well as doing business in various jurisdictions; and communicate compliance concepts to internal partners.
Job Responsibilities
  • Manage the department’s efforts to comply with Markel’s standards and insurance regulations.
  • Oversee the Regulatory Specialist team’s timely and accurate submission of regulatory filings to state departments of insurance.
  • Assess regulatory requests, identify and manage partnerships with internal teams to complete the requests and ensure timely responses to questions posed by the State Departments of Insurance.
  • Develop training for new associates and an effective cross-training program.
  • Lead, promote and enhance strong relationships with internal stakeholders (Finance, Claims, Business and IT) and channel partners to improve regulatory filing process.
  • Lead departmental and organizational projects.
  • Dynamically create and introduce procedures for effective and efficient regulatory filings. Proactively identify and champion process improvements, including but not limited to, lead initiative to automate regulatory filing process using either existing tools or working with IT/third party vendors to develop them, and ensure the team is continually working to improve both efficiency and effectiveness of regulatory filings.
  • Provide all aspects of Human Resource Management (i.e. goal setting, performance reviews, mentoring, coaching, associate development, etc.) for direct reports. Ensure adherence to all company standards. Pass department vision down to associates and assure their tasks are aligned accordingly. Ensure effective communication with associates and senior management
Work Experience/Skill Set
  • 7-10 years business related experience including similar job responsibilities
  • Strong verbal and written communication skills
  • Organized with ability to multi-task
  • Adaptable and comfortable with fast pace and shifting priorities
  • Strong desire for continuous improvement
  • Project management
  • Strong computer skills
Who we are:
Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.
We’re all about people | We win together | We strive for better
We enjoy the everyday | We think further
What’s in it for you:
In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work.
  • We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.
  • All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.
  • We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.
  • Markel offers hybrid working schedules of 3 days in the office and 2 days remote.
Are you ready to play your part?
Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.
The base salary offered for the successful candidate will be based on compensable factors such as job-relevant education, job-relevant experience, training, licensure, demonstrated competencies, geographic location, and other factors.
Caution: Employment scams
Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:
  • All legitimate job postings with Markel will be posted on No other URL should be trusted for job
    Markel Group Careers
    .
  • All legitimate communications with Markel recruiters will come from Markel.com email addresses.
We would also ask that you please report any job employment scams related to Markel to
rarecruiting@markel.com
.
Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law.
Should you require any accommodation through the application process, please send an e-mail to the
rarecruiting@markel.com
.

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