Regulatory Compliance Analyst

Discover

The Opportunity

Leads formal reviews of all statistical reporting included within rate filings

Ensures timely accurate and compliant reviews in accordance with internal processes NBIB filing guidelines and bulletins applicable legislation and other regulatory requirements.

Performs in-depth research and analysis of errors and omissions resulting in rate application adjustments

Investigates recurring quality errors and identify gaps in existing procedures suggests solutions for improvement

Performs review of rate filings and raises irregularities with the Management Team

Provides reporting on filing quality and data to the Management Team

Presents analysis of filing reviews to the Board

Identifies and proactively communicates trends and concerns with processing and quality of filings

Participates in special projects impacting regulatory compliance

Competencies:

Analytical thought process ability to analyze complex data to identify patterns and anomalies with special attention to detail

Multi-tasks in an organized and efficient manner while meeting timelines

Demonstrates critical thinking and sound judgement while exercising confidentiality and discretion

Develops reports that effectively communicate information through visual and statistical formats

Manages multiple streams of information in a timely accurate and detailed manner

Takes initiative to recognize potential process improvements and make recommendations for optimum results

Demonstrates a positive and accountable approach with team members and stakeholders utilizing timely accurate and professional communications

Ability to solve problems with flexibility in collaboration with fellow team members

Excellent verbal and written communication skills

Commitment to development of skills through ongoing education and training

Post-secondary education in a related field

Technical proficiency with Excel and working knowledge of the Microsoft Suite

Recent career experience in a role with a focus on regulatory analysis insurance underwriting rate review compliance or analytical role (asset)

Written and spoken competence in English

Written and spoken competence in French (asset)

Compensation

The salary range for this role is between $58400 - $85600 commensurate with qualifications and experience.

We are happy to support our client with this recruitment.

Who we are

The New Brunswick Insurance Board (NBIB) located in Saint John New Brunswick was created by legislation in 2004 to ensure that the rates charged by companies conducting automobile insurance business within our province are just and reasonable. Our Team and the Board are firmly committed to this mandate through rigorous review inquiry processes and evidence-based decision-making. For more information visit their website at The New Brunswick Insurance Board (NBIB)