Job Description
The Compliance Manager is responsible for implementing and coordinating the compliance program for PMA Companies. The position will work in collaboration with a broad spectrum of functional areas in managing and providing management reporting related to Federal/State regulatory and operational compliance issues.
Responsibilities
Manage and monitor compliance processes (coordinate, assign, recommend corrective action, and perform secondary reviews/approval) and report findings to Senior Leadership. Determine compliance requirements of departments of insurance, licensing agencies and regulatory agencies and ensure adherence. Coordinate compliance audits as needed and / or requested.
Coordinate and provide training to ensure that all appropriate employees and management are knowledgeable of, and comply with, pertinent federal and state standards. Participates in compliance committees and proposes viable solutions to mitigate compliance risk. Identifies compliance information, techniques, and procedures for improving compliance and reducing business unit risk. Recommends and implements business unit policies and procedures to ensure compliance with contractual requirements, federal and state laws. Maintain the confidentiality of sensitive information. Other duties as appropriate and relevant to the position.
Bachelor’s Degree in Finance, Accounting or comparable business related major is required. Ten (10) or more years of compliance or audit experience in positions of increasing responsibility required. Five (5) or more years insurance or financial industry experience required. Demonstrated staff leadership experience with proven record of goal achievement and superior service. Ability to understand accounting and financial controls and to read and make conclusions from regulatory guidance. Ability to discern the points of an operation that present increased risk and/or exposure. Capable of self-directed work with an ability to take ownership of projects that require some development and creativity. Must have strong attention to detail. Professional written and verbal communication, interpersonal skills Ability to prioritize and organize Proficient in Word, Excel, and Power Point.
