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Embrace Pet Insurance

Provides customizable dog and cat insurance

Operational Controls Manager

Regulatory Compliance & EthicsUpdated on Nov 12
Full-timeCleveland, OH, USA$82.3k - $102.8k /yrHybrid

About the Job

Responsibilities

  • Maintain and apply knowledge of regulations and regulatory changes relevant to the industry and organization, working with business relationship owners and vendors to train, educate, mitigate compliance risks, and drive industry best practices.
  • Ensure regulatory standards are applied to organizational policies, procedures, and products.
  • Perform risk assessments on operational areas with regulatory lines of business; contribute to monitoring and auditing workplans; conduct monitoring, auditing, and surveillance of operational functions; report results to stakeholders; and take compliance actions in response to findings.
  • Respond to compliance-related questions, complaints, and incidents.
  • Work with stakeholders to develop corrective action plans.
  • Facilitate organizational compliance training on general compliance and other topics required by regulation.
  • Manage timelines and deliverables, coordinate and evaluate internal responses, and analyze and communicate business impact and potential risks to leadership.
  • Identify areas of non-compliance, as needed.
  • Develop relationships with regulators and respond to inquiries, surveys, and audits, as requested.
  • Perform other duties and responsibilities as assigned.

About the Company

Embrace Pet Insurance

Provides customizable dog and cat insurance

Embrace Pet Insurance offers customizable pet insurance for dogs and cats in the United States with accident and illness coverage that can be tailored by annual maximums, deductibles, and reimbursement percentages. It also offers Wellness Rewards, a non-insurance add-on that reimburses routine and preventive care like vet visits and vaccinations, funded by an annual allowance chosen by the policyholder. Revenue comes from monthly or annual premiums, while Wellness Rewards provide a separate, funded wellness benefit. The company differentiates itself through flexible, personalized plans and was acquired by JAB Holding Company in 2023, signaling strong market position and growth potential in US pet health coverage; its goal is to help pet owners manage veterinary costs and maintain pet health.

Company size
201-500
Company stage
Acquired
Total funding
$5.3M
Headquarters
Cleveland, OH
Founded
2004

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