Associate Insurance Compliance Specialist

Caterpillar Caterpillar · Industrial · Nashville, TN

This role is for an Associate Insurance Compliance Specialist at Caterpillar, focusing on understanding and implementing compliance policies, researching issues, and ensuring adherence to regulatory requirements within the insurance sector. It involves drafting communications, reviewing regulations, recommending process changes, and developing training materials.

What you'd actually do

  1. Provide guidance and direction to staff and leadership in understanding and implementing the compliance policies for Caterpillar Insurance Company and insurance affiliates.
  2. Research issues, coordinate responses and action plans, including training and monitoring, to ensure compliance with underwriting policies and procedures, corporate governance standards and regulatory requirements in appropriate jurisdictions.
  3. Participates in the identification of Compliance risks and Governance issues, and the development of resolutions to address them.
  4. Draft and coordinate communications related to compliance issues and regulatory changes.
  5. Review, research, and interpret new statutes, regulations, and bulletins from various insurance and other regulatory agencies.

Skills

Required

  • Business Ethics
  • Information Capture
  • Standard Operating Procedures
  • Accuracy and Attention to Detail
  • Effective Communications
  • Problem Solving
  • Relationship Management
  • Strong insurance operations background
  • Solid regulatory & compliance foundation
  • Working knowledge of legal/compliance training standards

What the JD emphasized

  • regulatory requirements
  • regulatory agencies
  • regulatory changes
  • regulated environments
  • regulatory expectations