
Senior Compliance Auditor
3 days ago
We are seeking a highly skilled and detail-oriented Compliance Auditor to join our team. As a Compliance Auditor, you will play a critical role in ensuring the company's internal processes and procedures align with regulatory requirements and industry best practices.
Job Description:
The successful candidate will be responsible for conducting independent compliance-based process audits and reviews of internal departments. This includes evaluating the effectiveness of internal controls, identifying potential gaps, and recommending corrective actions to maintain a robust and compliant operational environment.
Responsibilities:
1. Plan, execute, and document compliance audits.
2. Evaluate the effectiveness of internal controls designed to ensure compliance with insurance laws, regulations, and company policies.
3. Review various aspects of insurance operations, including underwriting, claims handling, policy servicing, distribution compliances, marketing, and agent licensing.
4. Identify and assess compliance risks and recommend strategies to mitigate those risks.
5. Gather, analyze, and interpret data to identify trends, potential non-compliance issues, and areas for improvement.
6. Prepare clear, concise, and objective audit reports summarizing findings, conclusions, and recommendations.
7. Communicate audit findings and recommendations to management and follow up on the implementation of corrective actions.
8. Stay up-to-date on changes in insurance laws, regulations, and industry best practices.
9. Collaborate with other departments to promote a culture of compliance.
10. Assist in the development and maintenance of compliance policies and procedures.
Experience:
The ideal candidate will have 3 to 5 years of experience in a related field, preferably in compliance auditing or a similar role.
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