Regulatory Analyst, Legal Job at AIG, Parsippany, NJ

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  • AIG
  • Parsippany, NJ

Job Description

Who are we:

American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in approximately 190 countries and jurisdictions protect their assets and manage risks through AIG operations and network partners. Our Global Legal, Compliance and Regulatory (GLCR) team provides first class advice to colleagues and functions across the organization – ensuring AIG navigates an ever-changing landscape that spans state, federal, and international lines. The team has a multi-dimensional impact, from helping avoid legal exposure to collaborating with other functions to develop cutting-edge new products.

About the role:

This position will perform a variety of functions supporting management with meeting the objectives of the Regulatory Team.

Primary responsibilities:

  • Support the product filings group and related work to assess state filings policies and procedures, state requirements, quality control and monitoring activities.

  • Oversee regulatory annual filings and provide first line supervision for review of work processed by Administrative Assistant.

  • Manage the maintenance of forms listings and rate/rule manuals for certain states.

  • Manage filings made by vendors for adherence to document maintenance policy.

  • Assist with regulatory inquiries, exams and data collection.

  • Assist with the data retention and management projects.

  • Assist with reviewing and interpreting Advisory Organization filing requests and communicate with actuarial, IT and business partners.

  • Assist with quality control audits to ensure that all policies and procedures are being followed.

  • Work on other special projects and perform additional duties as required.

  • Support tracking new laws regarding regulatory and governance that may impact business

  • Handle insurance company periodic regulatory reporting requirements

  • Support licensing obligations of insurers

  • Assist with handling of regulatory complaints

Required skills:

  • 5+ years Property & Casualty Insurance industry experience required.

  • Strong analytical and computer skills with the ability to communicate with internal colleagues and regulators with professionalism and confidence.

  • Ability to work independently, resolve problems and develop action plans.

  • Must be organized and pay close attention to details.

  • Must be able to multi-task and effectively manage competing priorities.

  • Must be proficient with Microsoft Office.

  • Knowledge of SERFF, Florida IRFS, NILS Insource and SAP preferred.

  • Familiar with the various advisory organizations (AAIS and ISO preferred but not required).

  • Bachelor's degree preferred.

  • Microsoft Office – proficiency in Excel, Word and Sharepoint

For positions based in NYC, the base salary range is $77,000 - $89,000.

For positions based in Jersey City, the base salary range is $74,000 - $89,000.

In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. We're proud to offer a range of competitive benefits a summary of which can be viewed here: AIG Benefits Overview

#LI-CY1

Enjoy benefits that take care of what matters

At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security—as well as your professional development—to bring peace of mind to you and your family.

Reimagining insurance to make a bigger difference to the world

American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us — across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become.

Welcome to a culture of belonging

We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations.

AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to candidatecare@aig.com .

Functional Area:

LG - Legal, Regulatory & Gov't Affairs

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

AIG PC Global Services, Inc.

Job Tags

Relocation, Flexible hours,

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