The Market Compliance Analyst evaluates new laws and trends to determine their relevance to HDI’s operations. They support the business in managing regulatory risks that impact the organization as a whole. Additionally, they ensure adherence to compliance requirements and deadlines, interpret and gather necessary data from both internal and external sources for regulatory reporting, and assist with regulatory exams and internal audit requests.

Responsibilities:
Evaluate new laws and regulations for relevance to HDI’s operations and oversee implementation compliance.
Document key regulatory requirements and ensure business unit controls align with these regulations.
Identify and document necessary monitoring activities mandated by regulation and emerging compliance risks.
Manage regulatory changes by assessing their impact and tracking business remediation efforts.
Collaborate with cross-functional teams (legal, risk, business units) to ensure compliance with P&C laws and regulations while supporting regulatory activities, including audits and Market Conduct Examinations.
Assist with compiling data from internal and external sources for reporting purposes.
Research and interpret industry requirements, document essential business and technical needs, and implement departmental processes while supporting the creation and enhancement of compliance policies and procedures.
Recommend improvements in processes, efficiency, quality control, and reporting practices.
Support the implementation of required compliance training for employees and assist in creating training materials and communications on compliance topics.
Contribute to project work related to compliance and cross-functional initiatives.
Serve as backup support for other areas as needed.
Perform additional duties and special projects as required.

Bachelor’s degree or equivalent education and experience.
3 to 5 years of experience in a compliance role, preferably within commercial P&C insurance.
Basic understanding of commercial P&C insurance products and surplus lines.
Experience with RegEd CODE or similar tools for managing regulatory changes is a plus.
Proficient in MS Word and Excel.
Strong organizational skills with the ability to prioritize and manage multiple tasks simultaneously.
Effective interpersonal and communication skills.
High attention to detail.