Markel

Compliance Analyst - State National

Posted on: 1 Mar 2021

Bedford, TX

Job Description

Company Information:

What we look for
Our exceptional and motivated employees are our greatest strength. Our employees provide the highest level of

customer service and help maintain our position as a leader in the global marketplace.

Markel Style
The Markel Style is what makes us stand out from our competitors. It's our core value which should underpin how we do business, while influencing our behavior and performance. We are looking for people who have potential and share our passion to live the Markel Style, which is described in more detail below.

If you think you have these core attributes we want to hear from you.

Job Summary:

The Compliance Analyst role is responsible for daily oversight and coordination of compliance functions that are specific to workers compensation.

Essential Functions:

* Develop and exhibit subject matter expertise in assigned areas of responsibility
* Develop and communicate Company expectations to internal and external customers relative to assigned areas of responsibility
* Meet statutory reporting obligations within assigned areas of responsibility
* Develop, enhance, distribute and maintain business processes and procedures within assigned areas of responsibility
* Monitor new laws or promulgated regulations relative to areas of responsibility
* Develop and implement appropriate measures of internal and external compliance within areas of responsibility
* Maintain relationships with various state insurance departments and other regulatory bureaus/entities relative to areas of responsibility

Additional Responsibilities:

* Research and analyze unique requirements resulting from new program managers, new products, or changes in insurance regulations
* Develop processes necessary for the Company and internal and external customers to remain compliant with new regulatory compliance requirements
* Assist with special projects as needed
* Performs other duties and responsibilities as required or requested

Knowledge/Skills/Abilities:

* Strong project management and organizational skills
* Excellent people and interpersonal skills
* Well-developed written and verbal communication skills
* Must have the ability to analyze business needs and translate these into clearly defined action items
* Work independently with minimal management input
* Must be willing to learn new things and take on new responsibilities
* Research and analysis of regulations, statutes and case law across 50 states
* Ability to balance multiple concurrent timelines/tasks and meet deadlines
* Ability to effectively collaborate and direct compliance issues to appropriate channels for investigation and resolution
* Maintain a big picture perspective and be aware of the impact of change on both internal and external stakeholders
* Proficiency in Microsoft Office Suite
* Knowledge of Workers Compensation insurance preferred
* Knowledge of insurance regulatory compliance preferred
* Project management experience helpful
* General knowledge of the insurance industry helpful
* Knowledge of NCCI and workers compensation boards and bureaus preferred

Education/Experience:

* Five to seven years of business experience in a professional office environment required

Why work for us?

Diversity and inclusion
Markel is truly a global and diverse company. We believe that diversity makes us better business partners and that embracing peoples differences can bring amazing results and fuel innovation. We have a portfolio of businesses and product lines that operate around the world.

Community involvement
Markel has a rich heritage of supporting communities across the world where our customers and employees live and work. Giving back is part of our history and our future. Our employees share in this philosophy through volunteering, mentoring and fundraising.

Commitment to open doors

Markel is committed to creating the best work environment. Our open-door policy is essential in recognizing business issues as they rise and to address the changing needs of our diverse and global workforce. Challenging management is a component of the Markel Stylesome of our best ideas start from a conversation between a manager and an employee.

Entrepreneurial spirit

As the Markel Style states, we pursue excellence, strive for a better way, and share the success of others. Markel associates proactively seek new business opportunities, bringing further success to Markel.

Markel

Glen Allen, VA

Markel Corporation (NYSE: MKL) is a global Fortune 500 company headquartered in Richmond, Virginia. We seek to be a leader in each of our pursuits, with insurance being our primary business. As a market leader for specialty insurance, reinsurance, and investment operations around the world, Markel embodies integrity, commitment, teamwork, and innovation in every day operations. We are encouraged to look for a better way to do things. Since our founding in 1930, we have sought to know our customers’ needs and to provide quality products and service.

Markel specializes in providing coverage for hard-to-place risks for a variety of niche markets including:

• Agricultural and equine risks

• Reinsurance for large risk enterprises such as oil rigs

• Event cancellation insurance for weddings, concerts, and sporting events

• Inland marine coverage for fine art collections

• Environmental pollution

• Yachts, ATVs, and motorcycles

 

At Markel we provide an atmosphere in which people can reach their personal potential. We are results-oriented, and we continually strive for a better way to do things. The Markel approach is one of spontaneity and flexibility. Markel helps employees balance work and social activities. Markel gives you the keys to success! Keeping an open mind and learning new skills allows our associates to stay ahead of the marketplace.

Above all, we enjoy what we are doing. There is excitement here that comes from innovating, creating, striving for a better way, sharing success with others…winning.