Regulatory Compliance Specialist @ Markel Group

What part will you play? If you’re looking for a place where you can make a meaningful difference, you’ve found it.

The work we do at Markel gives people the confidence to move forward and seize opportunities, and you’ll find your fit amongst our global community of optimists and problem-solvers. We’re always pushing each other to go further because we believe that when we realize our potential, we can help others reach theirs. Join us and play your part in something special! The Regulatory Compliance Specialist is responsible for supporting efforts to ensure compliance with state laws and regulation as they relate to the management of insurance operation, specifically licensing and registration; obtain regulatory approvals; and communicate compliance concepts to internal partners ensuring the accurate submission of various regulatory filings.

Job Location: Hybrid work arrangement based in Richmond, VA

Job Responsibilities

Coordinate, process and file, within all required deadlines, U.S. (or any non-U.S.) regulatory filings in order to uphold a license or qualification and maintain status as a surplus lines carrier, accredited reinsurer, admitted carrier, trusteed reinsurer or licensed agent/agency in all 50 states and US territories.

Support the department’s efforts to obtain regulatory approvals.

Modify filings, as needed, so that they are in compliance with regulations of each state.
Submit regulatory filings to state departments of insurance in accordance with state requirements within statutory time frame.
Develop responses to questions posed by the State Departments of Insurance that arise throughout the filing process.
Bring regulatory filings to closure in a timely fashion.

Support the department’s efforts to ensure compliance with state insurance regulations.

Accurately and thoroughly interpret state laws in assigned states.
Review bulletins distributed by advisory boards and bureaus and state departments of insurance, evaluating if there is any impact to existing company filing processes.
As regulatory changes occur, determine impact on company practices and operations.
Coordinate responses to consumer/insurance department complaints.
Maintain procedures to ensure the integrity of business practices in assigned states.

Support the department’s efforts to communicate compliance concepts

Participate in assigned special projects or requests and complete assigned work within agreed upon time frame and specified guidelines.
Timely process biographical affidavits, fingerprint investigations, trade name approvals.
Act as a liaison for regulatory filing topics with other departments in the US and MINT.
Provide responses to inquiries that successfully communicate the department’s compliance requirements.
Participate in educational opportunities to enhance job related skills and knowledge.

Work Experience/Skill Set

High School diploma required
Excellent written and verbal communication skills
Excellent organizational skills
Excellent time management skills and ability to multi-task and prioritize work
Attention to detail and problem-solving skills
Proficient in MS Office (Word, Excel, PowerPoint, etc.) and willingness to learn other programs
US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

#LI-Hybrid
#DEIB

US Work Authorization

US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.

Who we are:

Markel Group (NYSE – MKL) a fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

We’re all about people | We win together | We strive for better

We enjoy the everyday | We think further

What’s in it for you:

In keeping with the values of the Markel Style, we strive to support our employees in living their lives to the fullest at home and at work. 

We offer competitive benefit programs that help meet our diverse and changing environment as well as support our employees’ needs at all stages of life.

All full-time employees have the option to select from multiple health, dental and vision insurance plan options and optional life, disability, and AD&D insurance.

We also offer a 401(k) with employer match contributions, an Employee Stock Purchase Plan, PTO, corporate holidays and floating holidays, parental leave.

Are you ready to play your part?

Choose ‘Apply Now’ to fill out our short application, so that we can find out more about you.

Caution: Employment scams

Markel is aware of employment-related scams where scammers will impersonate recruiters by sending fake job offers to those actively seeking employment in order to steal personal information. Frequently, the scammer will reach out to individuals who have posted their resume online. These "job offers" include convincing offer letters and frequently ask for confidential personal information. Therefore, for your safety, please note that:

All legitimate job postings with Markel will be posted on Markel Careers. No other URL should be trusted for job postings.

All legitimate communications with Markel recruiters will come from Markel.com email addresses.

We would also ask that you please report any job employment scams related to Markel to [email protected].

Markel is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of any protected characteristic. This includes race; color; sex; religion; creed; national origin or place of birth; ancestry; age; disability; affectional or sexual orientation; gender expression or identity; genetic information, sickle cell trait, or atypical hereditary cellular or blood trait; refusal to submit to genetic tests or make genetic test results available; medical condition; citizenship status; pregnancy, childbirth, or related medical conditions; marital status, civil union status, domestic partnership status, familial status, or family responsibilities; military or veteran status, including unfavorable discharge from military service; personal appearance, height, or weight; matriculation or political affiliation; expunged juvenile records; arrest and court records where prohibited by applicable law; status as a victim of domestic or sexual violence; public assistance status; order of protection status; status as a smoker or nonsmoker; membership or activity in local commissions; the use or nonuse of lawful products off employer premises during non-work hours; declining to attend meetings or participate in communications about religious or political matters; or any other classification protected by applicable law. 

Should you require any accommodation through the application process, please send an e-mail to the [email protected].

No agencies please.

Regulatory Compliance Specialist

Markel Group

Simplify's Take

What believers are saying

What critics are saying

What makes Markel Group unique

Your Connections

Benefits

Company News