About the role

The Law & Regulation Analyst II (official NJM job title) assists the Law and Regulation Department with ensuring Business Units adhere to statutory and regulatory requirements when performing company operations. This position promotes a culture of compliance throughout the organization. The Level II Analyst also assists the Law and Regulation Department with special projects.

Essential Duties and Responsibilities:

Research property and casualty insurance industry compliance regulations and laws
Assist in the management of the proposed regulatory comments workflow
Perform audits and compliance reviews to evaluate / assess internal operational and procedural compliance
Review, summarize, and distribute quarterly reports on Market Conduct activity in the states the Company conducts business
Assist with compliance meetings and educating employees on regulatory requirements
Assist with compliance reporting
Support evolving regulatory compliance strategies, policies, and procedures based on new laws/regulations and/or business priorities
Assist in the management of the Legal Referral workflow
Assist in the analysis and review of complaints and responses
Support the Law and Regulation Department with special projects

Required Qualifications:

Minimum 3 years property casualty insurance industry experience
Excellent communication skills (verbal and written)
Attention to detail and organized
Results-oriented, able to successfully take ownership, and problem solve
Strong analytical skills
Collaborative, with strong relationship-building skills, and a commitment to customer service
Demonstrated ability to multi-task effectively while producing a high-quality work product
Proficient in Microsoft Office Suite including Excel, Word, and Outlook

Preferred Qualifications:

Bachelor’s degree
Property Casualty Insurance regulatory and/or compliance experience

Compensation: Salary is commensurate with experience and credentials.

Pay Range: $70,444-$81,849

Eligible full-time employees receive a competitive Total Rewards package, including but not limited to a 401(k) with employer match up to 8% and additional service-based contributions, Health, Dental, and Vision insurance, Life and Disability coverage, generous PTO, Paid Sick Leave, and paid parental leave in addition to state-mandated leave. Employees may also be eligible for discretionary bonuses.

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

Aplyr's read

NJM Insurance is a mutual insurer known for its focus on customer service and a stable work environment, attracting those seeking a career in insurance.
Synthesized from recent postings & public sources

What's promising

•NJM Insurance has a strong reputation for customer satisfaction and service.
•The company offers a stable work environment with a focus on employee growth.
•NJM is a mutual company, prioritizing policyholder interests over shareholder profits.

What to watch

•Limited public information about NJM's innovation in digital insurance solutions.
•Potentially limited career advancement opportunities due to its regional focus.
•The insurance industry can be heavily regulated, impacting flexibility and speed.

Why NJM Insurance

•NJM Insurance is a mutual company, which is less common in the insurance sector.
•The company has a strong regional presence in New Jersey and surrounding states.
•NJM emphasizes customer service, reflected in its consistent high satisfaction ratings.

Aplyr’s read is generated by AI from public sources. Was it useful?

About NJM Insurance

NJM Insurance

njm.com

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NJM Insurance Group is a mutual insurance company providing personal and commercial insurance products, including auto, home, and workers' compensation insurance.