Director, Regulatory and Filing

New Yesterday

Who Are We?
Taking care of our customers, our communities and each other. That’s the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it. Job Category
Product Compensation Overview
The annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards. Salary Range
$111,600.00 - $184,200.00 Target Openings
1 What Is the Opportunity?
The Regulatory & Filing team is dedicated to ensuring Travelers' products and practices adhere to insurance laws and regulations through the filing of required documentation and effective coordination of non-financial market regulatory activities. The filing responsibilities encompass the accurate and timely submission of comprehensive documentation detailing our insurance products, pricing, and policy terms to insurance regulatory departments. The market regulatory activities involve reviewing and validating responses to inquiries and alleged violations from regulatory bodies, soliciting input from the business units, designing corrective actions, developing strategies for upholding standards and educating staff on proactive compliance measures. As a Director, Regulatory & Filing, you will direct and manage the overall operations of the team. You will be responsible for offering expert guidance and support to all levels of the organization on the development and presentation of filings, address regulatory and compliance related challenges and assist in the design and implementation of regulatory strategies. You will lead the strategy for the Personal Insurance competitive intelligence working closely with business partners. You may also facilitate and direct the management and validation of non-financial market regulatory activities in higher complexity matters/states, compile reports on compliance related data to identify trends, and engage with business groups on proactive strategies for monitoring and ensuring compliance with corrective action plans. What Will You Do?
Drive and monitor operational efficiency for expediting filing processes, introduction of new products and adherence to laws and regulations. Analyze approval and rejection data of previous filings and monitor market practices to inform dynamic regulatory strategies, identify sensitive regulatory issues and communicate to senior leadership. Build and manage a team responsible for the preparation, submission, negotiation of terms, and approval for rule, rate, and form filings, as well as competitive intelligence. Provide expertise in resolving any issues that arise. Lead the development of the vision, strategies and initiatives for the Personal Insurance competitive intelligence within Product May facilitate and direct the management and validation of non-financial market regulatory activities, including market conduct exams, interrogatories, surveys, and data calls. May draft responses to inquiries, criticisms, and/or alleged violations, as well as, design, monitor and negotiate department findings, corrective actions, and potential penalties. Identify and engage resources to support all corporate initiatives and support staff’s technical development needs to deepen their expertise in the elements of regulatory & filing. Support the review and analysis of state insurance statutes and regulations to determine changes to product design, development and filing requirements, and adjust current practices accordingly. May partner with legal when appropriate. Provide education to relevant personnel on the best practices for maintaining and storing documentation to support compliance efforts. Serve as the lead contact with key internal business partners, state and federal regulatory agencies and external vendors. Direct the optimization of regulatory tools and databases through consultation with vendors to incorporate the latest regulatory changes, industry standards and internal policy adjustments. Coordinate and guide the strategic planning and execution of regulatory and filing projects ensuring to align with business unit objectives and drive cross functional collaboration. Perform other duties as assigned. What Will Our Ideal Candidate Have?
Bachelor’s degree. Six or more years of experience with comprehensive knowledge of regulatory/compliance requirements, processes, and procedures, knowledge of insurance products within line of business, filing, and or related fields. Three or more years of experience in leadership and management of others. Coaching and talent development skills including ability to mentor and motivate others and provide feedback. Certification in one or more regulatory compliance or similarly recognized group such as ARC, AIRC, PIR, SPIR, CPCU, MCM, etc. Expert critical thinking and influencing skills to manage a collaborative environment and drive business needs both internally and externally. Efficient prioritization skills to ensure resources are allocated accordingly and critical projects are completed on time. Expert relationship management skills to build and foster productive partnerships with internal and external business partners. Expert verbal and written communication skills to present complex regulatory issues, skillfully negotiate and foster collaboration across all levels of the organization. Expert analytical and problem-solving ability to identify root causes and develop innovative solutions to complex and sensitive filing challenges. Proven ability to analyze data and draw meaningful conclusions Experience with AI-based data analysis tools for automation of research, reporting and processes What is a Must Have?
Bachelor’s Degree or equivalent combination of education and experience. Four or more years of experience with knowledge of Property & Casualty insurance products. What Is in It for You?
Health Insurance : Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment. Retirement:  Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers. Paid Time Off:  Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays. Wellness Program:  The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs. Volunteer Encouragement:  We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice. Employment Practices
Travelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences. In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions. If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an so we may assist you. Travelers reserves the right to fill this position at a level above or below the level included in this posting. To learn more about our comprehensive benefit programs please visit .
Location:
Glens Falls
Job Type:
FullTime