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Combined Insurance Company of America is a leading provider of individual accident, disability, health and life insurance products, and a Chubb company. Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. 

ABOUT THE NORTH AMERICA LEGAL AND COMPLIANCE TEAM:

We seek highly motivated individuals to join our team who exhibit the best-in-class competencies listed below and embody the NA Legal and Compliance culture. 

  • We deliver high quality work product, services and solutions that demonstrate understanding of the needs and requirements of our business partners and support achievement of team goals. 
  • We adapt to changing business needs and environments through a proactive, flexible approach that achieves results and strikes the proper balance among all constituencies. 
  • We demonstrate character, integrity and professionalism, both within a team environment in Legal and Compliance and in fulfilling our responsibilities to our business partners. 
  • We build collaborative, trusting relationships with team members and business partners through superior communication skills, empathy and respect. 
  • We independently manage work responsibilities through commitment, dedication and accountability, and display an on-going commitment to self-improvement. 

KEY OBJECTIVE: 

The AVP, Compliance Officer, Regulatory Compliance and Privacy, is responsible to assist the Chief Compliance Officer in managing the regulatory compliance function at Combined Insurance. The Compliance Officer will develop and maintain an effective regulatory compliance program by establishing compliance standards, raising awareness of compliance issues, and implementing controls to monitor and prevent compliance deficiencies. The Compliance Officer is a key point of contact on privacy and data security, digital marketing, and e-commerce. This individual will report to the Chief Compliance Officer.

MAJOR RESPONSIBILITIES: 

  • Work with the Chief Compliance Officer to develop and execute the compliance strategy.
  • In coordination with the Legal Department, assist the business in complying with regulatory requirements related to privacy and data security, digital sales, electronic marketing and distribution of accident and health, and life insurance products. 
  • Track, analyze and provide business guidance on compliance matters related to e-commerce and digital marketing of accident and health, and life insurance products.
  • Manage routine and escalated regulatory interactions and communications including tracking of remediation of regulatory findings. 
  • Audit business for compliance with third party requirements, implementation of regulatory requirements, policies, and controls, and working with the AVP Compliance Officer, Compliance Audit and Testing, to establish remediation plans for audit findings.
  • Maintain knowledge of applicable privacy and data security requirements including upcoming regulatory changes and provide timely guidance of state and federal regulatory changes in coordination with the Legal Department. 
  • Develop and maintain relationships with, and provide timely guidance and advice to, business partners. 
  • Lead the Compliance response to privacy and data security incidents, draft privacy risk assessments and aid the Legal Department and the Chubb Privacy Office in addressing privacy and data security issues. 
  • Assist in the preparation of responses to regulatory inquiries, complaints, and examinations.
  • Partner with the Compliance team to ensure that compliance guidance is implemented, action plans are completed timely, and that proper controls are in place and effective.
  • Conduct regular monitoring and testing of compliance controls in place. 
  • Oversee and advise on effective controls related to the monitoring of third parties. 
  • Conduct trending analysis using data analytics and other reporting mechanisms to identify potential issues.
  • Report and escalate compliance issues and developments as required. 
  • Assist the Chief Compliance Officer in compliance reporting requirements to various stakeholders. 

QUALIFICATIONS:

  • 5-10 years of insurance industry experience, preferably in the areas of accident and health related products. 
  • Bachelors degree or equivalent experience, J.D. or professional designations related to privacy or insurance regulatory compliance strongly preferred.
  • Demonstrated understanding of the accident and health, and life insurance regulatory environment including HIPAA, GLBA, and other applicable privacy and data security regulations.
  • Strong analytical and technical skills in using data analytics to review audit results and data and understand “root causes” of compliance deficiencies and effectiveness of controls. 
  • Demonstrated ability to develop relationships.
  • Ability to consistently execute and deliver results. 
  • Ability to manage multiple projects in a dynamic development environment. 
  • Strong knowledge of MS Project, Excel, PowerPoint Word; and legal/compliance research tools. 
  • Ability to manage multiple projects in a dynamic development environment.

OUR BENEFITS

As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees: 

  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses

ABOUT COMBINED INSURANCE

Combined Insurance Company of America is a Chubb company and a leading provider of supplemental accident, health, disability, and life insurance products in North America. Headquartered in Chicago, with satellite office in Columbia, SC, Combined is celebrating over 100 years in business. We are committed to making the world of supplemental insurance easy to access and understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by A.M. Best. We are ranked by VIQTORY as the number one Military Friendly® Employer in 2023 (over $1 billion revenue category), marking Combined's twelfth consecutive year on the Top 10 list. We pride ourselves on approaching all situations with a Positive Mental Attitude (PMA) and encouraging collaboration.

ABOUT CHUBB

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

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Confirmed 13 hours ago. Posted 30+ days ago.

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