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Full-Time

Senior Compliance Specialist

Confirmed live in the last 24 hours

SageSure

SageSure

501-1,000 employees

Specialized insurance for high-risk coastal areas

Financial Services
Social Impact

Senior, Expert

Remote in USA

Category
Legal
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Management
Requirements
  • 5+ years’ prior claims experience
  • 5+ years compliance related work
  • 3+ years of experience in operational risk management, preferably in the insurance or financial services industry.
  • Superior knowledge of property claims, business risk and operational controls
  • Bachelor's degree in finance, business administration, risk management, or a related field; advanced degree or professional certification (FRM, CRM) preferred.
  • Outstanding communication, attention to detail, time management, organizational, multi-tasking, and problem-solving skills.
  • Ability to communicate clearly, present and interact effectively at all levels of the organization
  • Execution oriented and a self-motivator
  • Knowledge of Microsoft Office Suite, Smartsheet, Domo and other business-related software
Responsibilities
  • Support the implementation of a comprehensive risk identification framework to proactively identify operational risks across the claims department.
  • Design and implement effective internal controls to mitigate identified operational risks and Conduct control testing to verify effectiveness and identify areas for continuous improvement.
  • Contribute to the development and implementation of a culture of risk awareness within the organization.
  • Support the Legislative Change Process; specifically, identifying, monitoring, and implementing monitor relevant insurance regulatory and legislative changes.
  • Conduct compliance deep dive claim reviews, share findings to drive continuous improvement within the Operation or Optimization departments.
  • Overseeing the formal Complaint handling process including identifying trends and completing carrier reporting activities.
  • Oversee the Adjuster Licensing program.
  • Support the Carrier Audit Process, including providing data for market inquiries, regulatory data calls and supporting market conduct examination requests.
  • Conduct ad hoc research into laws and regulations as needed, make recommendations, and oversee implementation of changes as necessary.

SageSure provides insurance coverage specifically for homeowners and small businesses located in high-risk coastal areas. The company offers tailored insurance products that address the unique challenges faced by these markets, particularly in regions prone to natural disasters like hurricanes and floods. SageSure's approach involves employing a team of experienced professionals who have extensive backgrounds in underwriting, product development, and customer service, allowing them to offer expert guidance to clients. Unlike traditional insurers that often avoid these high-risk areas, SageSure focuses on filling the gap by providing competitively priced, high-quality insurance solutions. The company's goal is to ensure that clients in underserved markets have access to reliable protection, leveraging advanced technology and data analytics to accurately assess risks and maintain customer satisfaction.

Company Stage

Private

Total Funding

$800M

Headquarters

Jersey City, New Jersey

Founded

2009

Growth & Insights
Headcount

6 month growth

12%

1 year growth

23%

2 year growth

61%
Simplify Jobs

Simplify's Take

What believers are saying

  • SageSure's successful issuance of $1.2 billion in catastrophe bonds demonstrates strong financial backing and resilience.
  • The acquisition of GeoVera MGA enhances SageSure's capabilities in residential earthquake risk, expanding its market reach.
  • Partnerships with technology firms like Ecopia AI improve SageSure's precision in risk assessment and underwriting, leading to better customer service and operational efficiency.

What critics are saying

  • Operating in high-risk coastal areas exposes SageSure to significant financial losses from natural disasters.
  • The integration of acquired companies like GeoVera MGA may present challenges in aligning operations and corporate cultures.

What makes SageSure unique

  • SageSure specializes in high-risk, underserved coastal areas, a niche often avoided by traditional insurers.
  • The company leverages advanced technology and data analytics to accurately assess risks and competitively price its products, setting it apart from competitors.
  • SageSure's team of experienced professionals, many with over 30 years in the industry, provides expert guidance and support, enhancing client trust and satisfaction.

Benefits

Fully stocked cafés with free snacks and beverages

Lounges with shuffleboard, billiards and board games

Access to in-office gyms

Organized and ad hoc social events

Medical (HSA, EPO, PPO)

Dental

Vision

401(k) with company match

Profit-sharing bonus program

Life insurance

Short-term and long-term disability

Up to 160 hours of paid time off per year, plus floating holidays

Paid holidays

8 hours of volunteer time off per year

Gym reimbursement

Tuition reimbursement toward education, licensing and certifications

Employee assistance program with access to free and confidential counseling