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Regulatory Specialist

Chubb Ltd
  • Chicago, IL
  • $73,000–$107,000 Per Year
2 days ago

Job Description

Chubb Benefits is seeking a Regulatory Specialist to join our fast-paced, high energy, growing company. We are proud of our tradition of success in the insurance industry of over 100 years. Come join our team of hard-working, talented professionals!

Position Summary

This role is responsible for supporting the organization's regulatory reporting and compliance functions, with primary accountability for regulatory filings including but not limited to the NAIC Market Conduct Annual Statement ("MCAS") and the New York Market Conduct Profile Annual Filing ("New York Profile"). This position also supports the Regulatory Change Management Program and contributes to a broad range of compliance activities designed to promote adherence to applicable regulatory requirements, internal policies, and control standards.

Essential Duties and Responsibilities

  • Coordinate the preparation, review, validation, and submission of regulatory reports and filings, including but not limited to MCAS and the New York Profile.
  • Ensure regulatory submissions are accurate, complete, timely, and prepared in accordance with applicable requirements.
  • Monitor regulatory developments and support the Regulatory Change Management Program by evaluating new or revised requirements, documenting impacts, and assisting with implementation activities.
  • Partner with internal stakeholders to assess compliance implications, support issue resolution, and track remediation efforts as needed.
  • Maintain appropriate documentation, reporting calendars, control evidence, and related records in support of regulatory and compliance activities.
  • Identify opportunities to improve reporting processes, strengthen controls, and enhance operational efficiency.
  • Support regulatory examinations, and compliance reviews by preparing documentation, responding to inquiries, and coordinating follow-up actions.
  • Engage and interact with internal and external business partners, including regulators, to ensure compliance with processes or fulfill compliance requirements.
  • Perform other compliance-related duties and special projects as assigned.

Qualifications

  • Bachelor's degree in Business, Finance, Legal Studies, Risk Management, or a related discipline, or equivalent relevant experience.
  • Experience in regulatory reporting, compliance, insurance operations, or a related field.
  • Knowledge of MCAS, New York Profile, SERFF (NAIC System for Electronic Rates and Forms Filing) and regulatory change management processes preferred.
  • Strong analytical, organizational, and project management skills.
  • Excellent written and verbal communication skills.
  • Ability to manage multiple priorities and deadlines in a fast-paced environment.
  • High attention to detail and a strong commitment to accuracy, accountability, and compliance.

Preferred Qualifications

  • Prior experience in the insurance industry, particularly in regulatory compliance or reporting.
  • Experience supporting market conduct examinations, regulatory audits, or compliance governance activities.
  • Familiarity with control documentation, issue tracking, and remediation support.
  • Notary Public
  • Paralegal experience a plus

Location: Chicago, IL (near Rosemont, IL Triangle Plaza)

In-Office Expectation: 4 days in office, 1 day remote.

The pay range for the role is $73,000 to $107,000. The specific offer will depend on an applicant's skills and other factors. This role may also be eligible to participate in a discretionary annual incentive program. Chubb offers a comprehensive benefits package, more details on which can be found on our careers website. The disclosed pay range estimate may be adjusted for the applicable geographic differential for the location in which the position is filled."

OUR BENEFITS

As a Chubb corporate employee, you have access to one of the most comprehensive benefit plans in the business, designed to meet your needs and help you reach your financial goals. More details can be found here. Chubb is committed to supporting its employees with a comprehensive compensation package that is appropriate in the market where they work. Below are several of the many benefits we offer our employees:

  • Health insurance
  • Dental insurance
  • Tuition reimbursement
  • A company-match 401(k) plan
  • Disability insurance
  • Life insurance
  • Employee referral bonuses

ABOUT CHUBB BENEFITS

Combined Insurance Company of America (Chubb Benefits) is a leading provider of supplemental accident, health, disability, and life insurance products in the U.S. and Canada. Headquartered in Chicago with a tradition of more than 100 years of success, we are committed to making the world of supplemental insurance easy to understand. The company has an A+ rating by the Better Business Bureau and an A + (Superior) financial strength rating by AM Best.

ABOUT CHUBB

Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally.

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.

Connect with us on Twitter, Facebook, LinkedIn, and Instagram

#chubbbenefits

Numbers & Facts

LocationChicago, IL
IndustryInsurance
Salary$73,000–$107,000 Per Year
Company Size500 to 999 employees
Year Founded1792
Websitehttps://www.chubb.com/

About Company

Chubb is the world’s largest publicly traded property and casualty insurance company and the largest commercial insurer in the U.S.

With operations in 54 countries and territories, we are a major personal lines writer, as well as a leading middle market, small commercial and large industrial commercial insurer, providing a wide range of traditional and specialty coverages.

As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. And we combine the precision of craftsmanship with deep experience to conceive, craft and deliver the very best insurance coverage and service to individuals and families and to businesses of all sizes.

Our products and services are distributed through brokers, independent agents, exclusive agents and various forms of direct marketing.

What we deliver:

  • Extensive product and service offerings
  • Broad distribution capabilities
  • Service excellence
  • Risk expertise
  • Underwriting discipline
  • Exceptional financial strength
  • Local operations globally

Skills

  • Analysis Skillsunmatched
  • Change Managementunmatched
  • Claims Processingunmatched
  • Communication Skillsunmatched
  • Compensation and Benefitsunmatched
  • Dental Insuranceunmatched
  • Detail Orientedunmatched
  • Document Managementunmatched
  • Documentationunmatched
  • Financeunmatched
  • Incentive Programsunmatched
  • Insuranceunmatched
  • Legalunmatched
  • Life Insuranceunmatched
  • Maintain Complianceunmatched
  • Monitor Regulationsunmatched
  • Multitaskingunmatched
  • Organizational Skillsunmatched
  • Paralegalunmatched
  • Presentation/Verbal Skillsunmatched
  • Problem Solving Skillsunmatched
  • Process Improvementunmatched
  • Project/Program Managementunmatched
  • Regulationsunmatched
  • Regulatory Complianceunmatched
  • Regulatory Reportsunmatched
  • Regulatory Requirementsunmatched
  • Regulatory Submissionsunmatched
  • Risk Managementunmatched
  • Time Managementunmatched
  • Underwritingunmatched
  • Writing Skillsunmatched

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