Regulatory Filing Consultant Trainee - Part Time

Marketing Statement

About Tokio Marine:

Tokio Marine has been conducting business in the U.S. market for over a century and we are licensed in all states, Puerto Rico and the District of Columbia, and write all major lines of Commercial Property and Casualty Insurance. We provide unique insurance and risk management tools from our experienced staff of account executives, underwriters and loss prevention engineers and fair and timely claim settlement from a skilled team of claim professionals. We work with major brokers and leading independent insurance agents throughout the United States to serve the world's largest and most distinguished organizations.

We are committed to creating value for our customers by providing ANSHIN (safety, security and peace of mind). We strive to be creative and passionate as we work towards our long-term success.

Tokio Marine Holdings is Japan's oldest, and one of the largest property and casualty insurers. Founded in 1879, TMNF operates worldwide in 47 countries. With annual revenues of approximately $50 billion and an A.M. Best rating of A++, one of the highest in the industry, we are one of the top 20 insurance providers worldwide.

Tokio Marine Corporate Underwriting Department / State Filings and Operations Unit– (Jersey City) is seeking to add to our team a Regulatory Filing Consultant Trainee. This will be a remote position located in our Pasadena CA office.

We are seeking individuals who are committed to a diverse and collaborative culture, who will work towards developing innovative solutions for our customers, business units, and clients.

The Opportunity

The Insurance Regulatory Filing Consultant Trainee position will learn and work within the Corporate Underwriting Department State Filings and operations unit providing research and analysis of insurance statutes, monitoring and maintenance of regulatory circulars for Property & Casualty insurance lines, providing regulatory support to Product Management Team and technology initiatives. Also assist with UW system maintenance and QC activities to meet regulatory industry standards.

Essential Job Functions

Complete research and analysis of Property & Casualty insurance statutes and regulatory requirements in 52 jurisdictions. Manage rate, rule and form filings for assigned lines of business. Prepares filing submissions working in conjunction with Actuarial and Product Management team. Initiates request for entry of filings into the policy administration system. Create and implement AI/ Technology solutions to support regulatory and compliance activities. Learn and understand P&C Regulatory environment.

Essential Job Functions

• •Research and analysis of Property & Casualty insurance statutes and regulatory requirements in 52 jurisdictions.
• •Reviews regulatory circulars to maintain compliance.
• •Manage bureau and independent rate, rule and form filings for assigned lines of business.
• •Initiates and prepares the required action on rate, rule, and form filings.
• •Drafting of an explanatory memorandum
• •Effectively coordinates with Product Managers, actuaries and other internal and external filing and system resources.
• •Compliance Monitoring Tasks
• •Create and Implement AI / Technology concepts to support P&C Business lines and workflow.
• •Understand and gain Knowledge of Property & Casualty SERFF state filings system.
• •Assist in systems implementation for Corporate Underwriting matters
• •Follows Company Standard Operating Procedures (SOP) to meet compliance specifications for each individual line of business assigned and assist with QC activities.
• •Product Development support to Product Line manager; including competitor filing research.
• •Learn and understand P&C Regulatory environment. Through industry course and/ on hands on training
• •Responsible for complying with proper internal controls as necessary to conduct job functions and carry out responsibilities and/or administrative activities; including data systems.
• •Work with Filings / Operations team to maintain business line & regulatory resources.

Qualifications

• •Bachelor’s Degree preferred, with a focus in Law, Regulatory/Compliance, Risk Management, Business Administration, CPCU or equivalent Professional Designation preferred.
• •Experience within the legal department of an insurance company, law firm, compliance unit, corporate underwriting unit, regulatory filing unit strongly preferred.
• •Strong analytical and research skills, ability to work and utilize research tools such as state and industry regulatory websites such as Westlaw, Oden, ISOnet.
• •Familiarity with SERFF filing system Knowledge of a national rating bureau and independent state bureaus required.
• •Experience with Compliance-related issues.
• •Experience with Internal Audits a plus
• •Strong Technology and Computer skills in Outlook, Word and Excel. Experience working with AI tools and software
• •Strong verbal and written Communication skills.
• •Participation in previous Corporate Projects a plus
• •Highly detailed and organized, capable of prioritizing multiple tasks and consistently delivering good results; excellent deadline management
• •Ability to work independently and as part of a team.
• •Familiarity with Tokio Marine systems and processes a plus.

Hourly rate range of $25.00 to $30.00 per hour for this part-time position. Final compensation will be based on factors such as the candidate's experience, skills, and geographic location.

TMA believes the perfect candidate is more than just a resume. If you don't meet every single requirement, but are still interested in the job, we encourage you to apply.

Benefits:

We offer a comprehensive benefit package, which includes a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities.

EEO Statement

Tokio Marine Management is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, or sexual orientation.