An exciting opportunity exists to join the ProAssurance family of companies!

Our mission is powerful and simple: We protect others. Choosing a place to apply your talents is an important decision for anyone. You have plenty of options. Why choose ProAssurance?

At ProAssurance, we sell a pledge, and that pledge is delivered by our team members. We are seeking individuals who value integrity, leadership, relationships, and enthusiasm—and want to build their career with a great company where they can be their authentic self and feel valued, recognized, and rewarded for their contributions. ProAssurance specializes in healthcare professional liability, products liability for medical technology and life sciences, legal professional liability, and workers' compensation insurance. We are an industry-leading specialty insurer, with job opportunities in much of the contiguous United States.

This position supports our workers' compensation line of business, Eastern Alliance, and is hybrid, reporting to our Lancaster PA or Carmel IN office locations approximately 2 days per month.

The Senior Compliance Specialist will oversee the compliance activities for all Eastern companies, including regulatory and financial compliance matters. This position will work closely with other departments within the Company to ensure all state regulatory and financial filings are completed on a timely basis. This position will have primary responsibility for communicating changes in compliance regulations with the appropriate departmental managers and supervisors.

What you'll do:

• 30% - Responsible for coordination and filing of all statutory financial filings, including quarterly and annual statutory financial filings with state insurance departments.
• 30% - Responsible for maintaining and updating compliance records related to each state, including state insurance licenses and related documentation. Maintenance includes annual renewal of licenses and other required state filings.
• 15% - Maintenance of compliance reporting system (Code Compliance), including monitoring for regulatory changes and communication of those changes to the appropriate departmental staff.
• 5% - Provide support to other departments with compliance research, addressing compliance issues, etc.
• 5% - Review and process regulatory invoices for payment.
• 5% - Assist Finance department with financial data calls as needed.
• 3% - Maintain OFAC procedures for each department.
• 3% - Handle insurance department complaints and maintain complaint log.
• 2% - File and maintain EDI Trading Partner Agreements.
• 2% - Section 111 Medicare Secondary Payer profile reports and recertifications.

What we're looking for:

• Bachelor’s degree in business or related field with a minimum of four years progressive experience in compliance and/or legal field is required. Eight years of compliance/legal experience can replace the bachelor’s degree requirement. Insurance regulatory/compliance experience preferred. Paralegal certification is a plus.
• Knowledgeable in various software packages required to provide effective office support, including Microsoft Office products, such as Word, Excel, PowerPoint, and Outlook.
• Ability to communicate effectively both verbally and in writing with all levels of the organization as well as with outside customers, vendors, and regulators. 
• Critical thinking and basic analytical ability, to gather data and summarize for reports; find solutions to problems and
• prioritize work. 
• Continual attention to detail in composing, typing and proofing materials, establishing priorities, and meeting deadlines.
• Ability to work independently and make informed judgements. Proficient in prioritizing tasks to meet deadlines. 
• The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills, or working conditions.

#LI-Hybrid

We are committed to providing a dynamic and inclusive environment where everyone can do their best work and grow personally and professionally.

 

For that reason, we partner with The Predictive Index (PI) – an organization equally committed to improving the working lives of people, to help us hire the best talent by providing additional insight about one’s work style. 

 

The position you applied to requires completion of two assessments prior to being scheduled to interview with a hiring manager. A Talent Acquisition team member may review your application and contact you before the assessment is complete. These assessments are Behavioral and Cognitive, and each assessment takes less than 12 minutes to complete.

 

After submitting your application, you will receive two emails from The Predictive Index inviting you to complete each of these assessments (please check your SPAM or Junk email folder if you do not see these emails in your inbox).

 

Note: If you already completed the assessments as part of an application with us, we may have results on file and you may not receive the emails inviting you to take the assessments. If you are moving forward in the process, a Talent Acquisition team member will confirm if we already have your assessment results.

Position Salary Range

$76,208.00 - $125,756.00

The salary range displayed represents the entirety of the pay grade for this position. Most candidates will start in the bottom half of the range. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have, your location and comparison to other team members already in this role.

Build your career with us and enjoy access to a best-in-class benefits program.