Compliance Associate
tokio marine hccWakefield, MA
$28.08 - $35.10APPLY NOW (opens in a new tab)
Compliance Associate
tokio marine hccWakefield, MA
8 days ago
Industries
Insurance Agencies and BrokeragesAll Other Insurance Related ActivitiesDirect Property and Casualty Insurance Carriers$28.08 - $35.10
APPLY NOW (opens in a new tab)About the role
Compliance Associate Tokio Marine HCC is a global industry-leading specialty insurance group, backed by the strength and stability of the Tokio Marine Group. Offering over 100 classes of specialty insurance, we empower clients to pursue opportunities confidently through our "Mind Over Risk" philosophy. More than an insurance company, we are an organization built on innovation, unity, and trust. At our core, we are Always Advancing, driven by innovation and an entrepreneurial spirit that keeps us moving forward. Our people are Experts in Tomorrow, using curiosity and smart working to anticipate what's next. With a culture rooted in Reaching Out, we foster genuine collaboration and support, ensuring every individual has the opportunity to succeed and make a difference.
Role Overview:
In this role, your primary responsibility will be onboarding new brokers and assisting with surplus lines tax filings. Other tasks may include assistance with inputting specific event details into our aggregation management system as well as other compliance related projects and administrative duties.
Key Responsibilities:
Within the first 60 days, you will gain an understanding of the Specialty Group's various underwriting segments. During this time, you will learn about the different lines of business through direct interaction with the underwriting teams, compliance team and independent research. Within the first 90 days, you will gain an understanding of our software programs. You will learn how to utilize our aggregation management system to be able to coordinate the input and monitoring of Event Cancellation risks and assist with aggregation reports to be delivered to our reinsurers and insurance carriers. You will also learn to utilize various systems used to onboard third-party insurance brokers. Within 6-12 months, you will develop a level of comfort with the surplus lines processes and procedures. You will be able to assist in completing surplus lines forms and affidavits and independently administer special compliance projects. At the 12-month mark, you should have a robust understanding of how compliance fits within the Specialty Group. What You BringAn associate degree or bachelor's degree in business administration or a related field is preferred, but not required Minimum of 2 years of experience in a professional office environment preferred Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy Exceptional organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously Intermediate proficiency and experience using Microsoft Office package (Excel, Power BI, PowerPoint, Word) Adept and accurate data entry skills Flexibility and willingness to learn Inquisitive and proactive attitude, not afraid to offer suggestions on improving/streamlining processes Adept at working as part of a team yet capable of working independently as needed Willingness to take on additional responsibilities beyond the job scope If your experience matches these requirements, please apply WITH A COVER LETTER, expressing why you want to join our team.
What We Offer:
- Competitive salary and comprehensive benefit package
- Strong learning culture with ongoing development opportunities
- Opportunities for growth and career advancement
- Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment
- Basic life and disability insurance 401(k) plan with 6% company match20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
- Paid parental leave
- Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription
- Student loan matching program
- Employee discount program
An opportunity to do meaningful work and love what you do*Our hybrid work schedule – is 4 days in the office and 1 day WFH, if desired, upon successful completion of a training period. Please consider this requirement before applying.
Pay Transparency
The pay range for this position is $28.08 - $35.10, which includes geographic adjustments, where applicable. The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting. The hired applicant will be offered pay within the entire range based on the candidate's geographic location, qualifications, work experience, education, and/or skill level. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws.
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JOB OVERVIEW
Salary
$28.08 - $35.10
Experience level
Senior
Location
Wakefield, MA
Occupation
Compliance Managers
Industry
Insurance Agencies and Brokerages
Posted
8 days ago
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