Insurance Compliance and Risk Manager
About the position
The Insurance Compliance and Risk Manager is responsible for ensuring regulatory compliance, facilitating risk governance, and managing licensing for Huntington Insurance. This role aligns business practices with corporate risk initiatives while adapting to evolving regulatory requirements. Acting as the primary liaison for internal and external examiners, the manager interprets risk impacts and collaborates across departments to implement effective policies and procedures.
Responsibilities
• Oversee compliance, licensing, and select operational functions for Huntington Insurance.
• Lead risk-related projects within the business segment and those identified by corporate risk.
• Serve as the primary representative to internal and third-party examiners on compliance matters.
• Provide technical expertise to implement and monitor process changes in response to regulatory updates.
• Assess risk impacts and coordinate with departments to develop policies and procedures that support informed decision-making.
• Ensure proper policies and procedures are in place for each line of business and review them on a risk-based approach.
• Conduct the Annual Controls Review to ensure compliance with corporate and regulatory standards.
• Validate and document key controls across insurance operations, ensuring effectiveness and alignment with risk frameworks.
• Collaborate with internal audit and corporate risk teams to address control deficiencies and implement remediation plans.
• Maintain evidence of control testing and provide reporting to senior leadership and examiners.
• Review model assessments and facilitate necessary Model Risk Management processes on behalf of the agency.
• Monitor regulatory changes and proactively update internal policies and procedures.
• Develop and oversee internal audit programs to identify compliance gaps and implement corrective actions.
• Ensure third-party vendors meet compliance standards and contractual obligations through periodic reviews.
• Design and deliver compliance and risk training programs for colleagues.
• Partner with technology teams to implement compliance monitoring tools and automate risk reporting processes.
• Prepare and present compliance and risk reports to senior leadership and governance committees, highlighting trends, issues, and recommended actions.
• Lead investigations of compliance breaches or risk incidents and coordinate remediation efforts.
• Draft and maintain compliance manuals, risk frameworks, and operational guidelines.
• Identify opportunities to streamline compliance workflows and enhance operational efficiency.
• Perform other duties as assigned.
Requirements
• Bachelor’s degree in business, finance, risk management, or related field.
• 7+ years of experience in insurance compliance or risk management.
• Strong knowledge of regulatory requirements impacting the insurance industry.
• Proven ability to manage cross-functional projects and collaborate effectively.
• Excellent communication and interpersonal skills for stakeholder engagement.
• Proficiency in Microsoft Office Suite and compliance/risk management tools.
Nice-to-haves
• Advanced degree (MBA, JD, or related field).
• Professional certifications such as CPCU, ARM, or equivalent.
• Experience administering incentive plans and business continuity programs.
• Leadership experience managing teams and complex operational functions.
• Familiarity with technology integrations and workflow optimization in insurance operations.
• Ability to adapt to changing regulatory environments and drive continuous improvement.
Apply Now
Apply Now
The Insurance Compliance and Risk Manager is responsible for ensuring regulatory compliance, facilitating risk governance, and managing licensing for Huntington Insurance. This role aligns business practices with corporate risk initiatives while adapting to evolving regulatory requirements. Acting as the primary liaison for internal and external examiners, the manager interprets risk impacts and collaborates across departments to implement effective policies and procedures.
Responsibilities
• Oversee compliance, licensing, and select operational functions for Huntington Insurance.
• Lead risk-related projects within the business segment and those identified by corporate risk.
• Serve as the primary representative to internal and third-party examiners on compliance matters.
• Provide technical expertise to implement and monitor process changes in response to regulatory updates.
• Assess risk impacts and coordinate with departments to develop policies and procedures that support informed decision-making.
• Ensure proper policies and procedures are in place for each line of business and review them on a risk-based approach.
• Conduct the Annual Controls Review to ensure compliance with corporate and regulatory standards.
• Validate and document key controls across insurance operations, ensuring effectiveness and alignment with risk frameworks.
• Collaborate with internal audit and corporate risk teams to address control deficiencies and implement remediation plans.
• Maintain evidence of control testing and provide reporting to senior leadership and examiners.
• Review model assessments and facilitate necessary Model Risk Management processes on behalf of the agency.
• Monitor regulatory changes and proactively update internal policies and procedures.
• Develop and oversee internal audit programs to identify compliance gaps and implement corrective actions.
• Ensure third-party vendors meet compliance standards and contractual obligations through periodic reviews.
• Design and deliver compliance and risk training programs for colleagues.
• Partner with technology teams to implement compliance monitoring tools and automate risk reporting processes.
• Prepare and present compliance and risk reports to senior leadership and governance committees, highlighting trends, issues, and recommended actions.
• Lead investigations of compliance breaches or risk incidents and coordinate remediation efforts.
• Draft and maintain compliance manuals, risk frameworks, and operational guidelines.
• Identify opportunities to streamline compliance workflows and enhance operational efficiency.
• Perform other duties as assigned.
Requirements
• Bachelor’s degree in business, finance, risk management, or related field.
• 7+ years of experience in insurance compliance or risk management.
• Strong knowledge of regulatory requirements impacting the insurance industry.
• Proven ability to manage cross-functional projects and collaborate effectively.
• Excellent communication and interpersonal skills for stakeholder engagement.
• Proficiency in Microsoft Office Suite and compliance/risk management tools.
Nice-to-haves
• Advanced degree (MBA, JD, or related field).
• Professional certifications such as CPCU, ARM, or equivalent.
• Experience administering incentive plans and business continuity programs.
• Leadership experience managing teams and complex operational functions.
• Familiarity with technology integrations and workflow optimization in insurance operations.
• Ability to adapt to changing regulatory environments and drive continuous improvement.
Apply Now
Apply Now