Compliance Analyst Position Available In Greenville, South Carolina

About Canal Insurance Canal Insurance Company specializes in insurance for commercial trucking and specialty transportation operations. Canal was founded in 1939 and is located in Greenville, South Carolina. At Canal, we recognize that our success would not be possible without the hard work and dedication of our employees. We know that happiness and productivity go hand in hand, and to that end, we consciously cultivate a culture that enables us to recruit and retain the very best talent in the business. A Culture With YOU in Mind Located in beautiful downtown Greenville, SC Career growth & advancement opportunities Comprehensive benefits package Employee referral program Casual dress code Innovation-focused & customer-centric 80+ years of industry expertise Committed to giving back to our community Unquestioned integrity and commitment Benefits at Canal Basic & Voluntary Life Insurance Plans Medical, Dental, & Vision Short Term & Long Term Disability 401(k) plan with company match up to 6%

Flexible Spending Accounts, Health Savings Accountant Employee Assistance Programs Generous PTO Plan Onsite Clinic Comprehensive Wellness Program Compliance Analyst Job Summary:

The Compliance Analyst position is responsible for assisting with the development and implementation of insurance policy, forms and other related documents, and answering compliance questions. This position plays a key role in updating and changing the policy forms portfolio.

Major Accountabilities:

Review and provide analysis of state insurance department bulletins and circulars, ISO circulars, PCI Bulletins, and other related material to determine applicability. Monitor, interpret, and track pending legislation that may impact Canal’s business, under attorney guidance. Perform regulatory research involving state and federal laws, case law and other outside materials and effectively explain findings, under attorney guidance. Assist in the coordination of activities pertinent to both new and modified products including researching, reviewing and filing new policy forms, rules and rates. Track and maintain policy portfolio compliance with applicable state and federal regulations. Assist in the development of compliance documentation and reference materials. Maintain such documentation as required. Assist with the automation of new products and audit of output. Communicate appropriate compliance-related information internally and externally and act as resource on compliance questions. Perform compliance audits, as assigned, and report on findings including a proposed plan of action to correct non-compliance. Perform other duties as assigned by Management.

Qualifications:

Education/Training Requirements:

Bachelor’s degree in Business Administration or related field required.

Experience/Specialized Skills:

Minimum three years of experience in a compliance or legal role required. Basic experience in the insurance industry preferred. Basic knowledge of legal research and interpretation preferred. Strong technical writing and communication skills required. Proficient computer skills (word processing, spreadsheets, databases, reporting) required.

Special Considerations:

Physical Requirements:

Constant use of vision, hearing, and communication (oral and written/in-person and via telephone). Frequent concentration, standing, walking, handling, reaching, and grasping. Occasional bending, kneeling and lifting (up to 25 lbs.) Heavy use of computer and office equipment.

Travel/Hours of Service:

Occasional travel required. Periodic work outside of standard business hours or on weekends may be required.