Claims Compliance Analyst

American Modern Insurance Group, Inc., a Munich Re company, is a widely recognized specialty insurance leader that delivers products and services for residential property – such as manufactured homes and specialty dwellings – and the recreational market, including boats, personal watercraft, classic cars, and more. We provide specialty product solutions that cover what the competition often can’t.

Headquartered in Amelia, Ohio, and with associates located across the United States, we are part of Munich Re’s Global Specialty Insurance division. Our employees receive boundless opportunity to grow their careers and make a difference every day.  This position has a hybrid schedule, 40-50% of the time in the office in Amelia, OH. Remote working arrangements will be considered for qualified candidates in other geographical locations. 

American Modern Insurance Group is recruiting for a Claims Compliance Analyst to join our team!  As a Claims Compliance Analyst, you will play a critical role in ensuring our Claims Department stays up-to-date with changing regulations and industry best practices. You will serve as a key liaison with state Departments of Insurance (DOI) and drive the development of compliance monitoring and testing programs to validate our adherence to applicable laws, regulations, and corporate policies.

Key Responsibilities:

• Collaborate with business unit leadership to reinforce accountability for compliance and risk mitigation
• Serve as the primary compliance and MARSOX contact for Integrated Risk Management (IRM) and Internal Audit
• Perform control testing and manage the department's risk and control framework in partnership with control owners
• Monitor external and internal sources for regulatory changes and data requests from DOI, analyzing requirements and applying them to our processes
• Provide expertise on state adjuster licensing and continuing education (CE) requirements
• Conduct audits to ensure compliance with state license and CE requirements
• Respond to data calls, surveys, and market conduct requests from DOI
• Maintain the Compliance Library, track activity, and analyze impact on claim activities
• Plan and execute compliance audits to ensure accountability for risk-mitigating controls and regulations
• Collaborate with managers to develop process improvements, documentation, and recommend IT enhancements
• Serve as a liaison with other AMIG divisions, including Legal, Regulatory Compliance, Quality, Product, State Regulation, Internal Audit, and Integrated Risk Management
• Act as a point of contact with state agency representatives and auditors on inquiries and sensitive matters

Qualifications

• Bachelor's degree in a relevant field.
• At least three years of insurance adjuster experience
• Industry certification(s) focusing on regulatory/legal/risk management issues are preferred, along with AIC, SCLA, CPCU, etc.
• Familiarity with insurance principles, including policy terms, conditions, and exclusions
• Excellent communication, interpersonal, and problem-solving skills
• Ability to work independently and as part of a team
• Strong analytical and organizational skills, with attention to detail and ability to prioritize tasks
• Proficient in Microsoft Office, with ability to learn company-specific software and systems

We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits:

• Two options for your health insurance plan (PPO or High Deductible).
• Prescription drug coverage (included in your health insurance plan).
• Vision and dental insurance plans.
• Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary.
• Short and Long Term Disability coverage.
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children).
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity).

In addition to the above insurance offerings, our employees also enjoy:

• A robust 401k plan with up to a 5% employer match.
• A retirement savings plan that is 100% company funded.
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries.
• Eligibility to receive a yearly bonus as a Munich Re employee.
• A variety of health and wellness programs provided at no cost.
• Paid time off for eligible family care needs.
• Tuition assistance and educational achievement bonuses.
• A corporate matching gifts program that further enhances your charitable donation.
• Paid time off to volunteer in your community.

At American Modern, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us.  Our goal is to foster an inclusive culture and build a workforce that reflects the communities in which we live and work.  We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day.  We recruit and talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.