Insurance Regulatory Analyst and Project Manager in Bloomington, IL at Willis Towers Watson

Date Posted: 9/11/2017

Job Snapshot

  • Employee Type:
    Full-Time
  • Experience:
    Not Specified
  • Date Posted:
    9/11/2017

Job Description

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

The Business

Willis Towers Watson’s Insurance Consulting and Technology (ICT) line of business is a $360 million business with over 1,200 colleagues operating in 35 markets worldwide. It is a leading provider of advice and technology solutions - primarily to the insurance industry. ICT has a unique position as a bundled consulting and technology provider. Its consulting services help clients manage risk and capital, improve business performance and create competitive advantage – by focusing on financial and regulatory reporting, enterprise risk and capital management, M&A and corporate restructuring, products, pricing, business management, distribution and strategy.

The Role

This role is responsible for researching state regulatory and rate/form filing requirements for property/casualty rate filings, managing regulatory relationships and submitting filings in support of Willis Towers Watson Rate Service Organization products, as well as submitting client rate and form filings. In addition, this role is responsible for day-to-day project management, and coordination of tasks and deliverables on designated projects with the  ICT Practice. This person will coordinate, manage and document key activities, working closely with various team members to ensure alignment of the key deliverables and milestones necessary to support client engagements.

Responsibilities for the Regulatory Analyst portion of the role will include ensuring that regulatory compliance is maintained with respect to products filed by Willis Towers Watson on behalf of clients as a Rate Service Organization. A key aspect of this role will be to ensure that trade secret protections with respect to products are utilized to the greatest extent possible. The role will also be responsible for completion of rate and form filing materials and, potentially, submission of filings on behalf of clients.

Responsiblities for the Project Manager portion of the role will include maintenance of  project plans, timelines and status updates for each project.

 

Performance Objectives:

 

Excellence

  • Working with internal or external legal counsel as directed, manage Rate Service Organization licenses

  • Manage the filing preparation and submission process for Rate Service Organization filings

  • Manage the filing preparation and submission process for filings submitted on behalf of clients

  • Monitor and manage project plans, timelines, staffing and budgets. Coordinate meetings as necessary

Clients

  • Coordinate and (facilitate when needed) weekly and bi-weekly team meetings as needed;  track next steps and ensure follow-up, etc.

  • Collect and coordinate the posting of all project documentation

People

  • Ensure close partnership and collaboration among project team members

 

Financial

  • Develop and ensure project plans are kept up to date and key milestones are tracked

  • Identify any key issues / risks emerging from project plans and status update discussions

  • Develop and manage project tracking reports

Job Requirements

The Requirements

  • 7+ years of experience working as an insurance regulatory analyst

  • Experience as a project manager in a consulting or insurance carrier environment with a focus on managing complex projects

  • Highly organized with superb documentation and follow-up capabilities

  • Excellent verbal and written communication skills

  • Strong attention to detail; ability to manage multiple projects simultaneously and work across various geographies, organization levels and practices

  • Ability to work with senior leadership and manage accountabilities to multiple individuals

  • Ability to shift focus quickly from task to task while maintaining excellent analytical thinking skills

  • Self-starter with the focus to work independently

  • Ability to coordinate meetings and logistics with multiple associates, practices and geographies involved

  • Openly contributes ideas in a group setting; able to listen and act on others’ ideas

  • Demonstrates a desire to learn and grow in new functional areas

  • Strong Microsoft Excel, Word and PowerPoint skills; experience with SharePoint desired

  • Strong knowledge of state filing requirements and use of the NAIC SERFF system

  • Ability to travel and work extended hours as needed

  • Bachelor’s Degree required



Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson.

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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