Director, Insurance Regulatory Compliance

About Inhabit

Inhabit operates a unique collective of tech-forward companies serving the residential, commercial, and short-term rental industries. Our team members deliver best-in-class software solutions and services while fostering innovation and collaboration with business leaders and industry experts. Inhabit believes that property managers are central to the success of the residential and short-term rental markets and delivers products built to empower them, their investors, and communities. Come help build the company you want to Inhabit. To learn more, visit inhabit.com.             

Job Summary

The Director, Insurance Regulatory Compliance is responsible for state-specific compliance oversight of multiple insurance agencies within Inhabit’s Insurance Division supporting the residential and short-term rental industries. The role is responsible for identifying, establishing, maintaining and reviewing compliance risk controls and compliance strategy across all complex insurance products and programs. Additionally, the manager supervises internal procedures, processes and programs for compliance to include product compliance for admitted and non-admitted programs, agency and individual licensing, state-specific surplus lines reporting and tax filings, consumer complaint management, and regulatory research related to compliance with applicable state laws.

The leader will routinely interact with senior executives, business unit leaders, external business partners (i.e., MGAs, insurance carriers, outside counsel, auditors) and regulatory agencies in order to determine specific needs and procedures. The position will play a lead role in advancing the current insurance product offerings and strategic changes and expansions.

This position will report to the Chief Compliance Officer at Inhabit.

What You Will Do (Functions and Responsibilities)

• Works with insurance carriers, MGAs, outside insurance counsel and internal stakeholders to manage compliance requirements for admitted and non-admitted insurance programs.
• Serve as a regulatory compliance subject matter expert for all insurance policies, products, and programs.
• Acts as a liaison with regulatory agencies, internal and external advisors, and other internal control groups on compliance and exam-related issues.
• Partners with licensing and continuing education vendors to manage producer and agency licensing requirements.
• Provide oversight of surplus lines tax filings, fiduciary fund premium obligations, and any regulatory reporting requirements.
• Conduct industry research and compliance trends to proactively identify opportunities for improvement.
• Oversees and refines the company's insurance compliance testing and monitoring plans and refining those plans as required in light of evolving regulatory or business requirements.
• Develop, manage and maintain internal insurance compliance policies and procedures to ensure adherence to applicable rules and regulations.
• Work with management to establish an appropriate culture of compliance throughout the organization, including the development of specialized training programs.
• Assist CCO in preparing compliance reporting for senior management and the company's board of directors.

What We are Looking For (Minimum Qualifications)

• 6 or more years relevant experience in compliance, risk, legal or audit within the insurance industry or specialized technical fields directly related to the role.
• 4 or more years of experience utilizing data analysis and improvement tools.
• Green Belt training or experience with structured project improvement skills
• Demonstrated experience working in a highly regulated environment.
• Advanced knowledge in a specific area of compliance laws, regulations, and regulatory expectations in the P&C insurance industry.
• Demonstrated ability to apply advanced knowledge of regulatory compliance to consult and provide insight and guidance.
• Strong problem-solving ability and the ability to adapt to shifting priorities and align activities and priorities to meet organizational goals.
• Demonstrated ability to implement a review, collect and verify review evidence, assist with preparation of preliminary and final reports, and write work papers to summarize findings.
• Demonstrated ability to achieve results through working cross-functionally, influencing others, making timely decisions while considering needed trade-offs, negotiating conflicts, as needed.
• Experience collaborating with and influencing colleagues across business functions.
• Ability to drive execution and meet stated deadlines.
• Ability to adapt to a dynamic, rapidly changing business and technical environment.

Education

• Bachelor's degree is required for this position, and a master's degree in business or risk management or a juris doctor (JD) is preferred

Type

• Full-Time, Salaried Exempt

Location/Travel

• Remote
• 30-40% Travel

Benefits Include

• Competitive Pay
• Health Insurance: Medical, Dental, Vision and Prescription Plans
• Health Savings Accounts
• Flexible Spending Account
• Dependent Flexible Spending Account
• Critical Illness
• Accident
• Retirement Savings Plan (401K) with discretionary company match
• Short and Long Term Disability
• Company Paid $25,000.00 life insurance
• Supplemental Life and AD&D Insurance
• Employee Assistance Program
• Paid Holidays
• Paid Vacation
• Paid Volunteer Time
• Inhabit Employee Discount Programs

Our Company is an Equal Opportunity Employer and complies with all federal, state, and local laws, including providing reasonable accommodations to applicants.