Position Summary
The Senior Operations Controls & Carrier Compliance Specialist is responsible for evaluating carrier partners adherence to industry regulations and company policies. The role collaborates with internal audit teams maintains precise records and produces comprehensive reports along with recommendations. They perform auditing contract reviews to ensure legal compliance policy implementation issue resolution quality assurance data analysis and the continual enhancement of carrier compliance initiatives.What will your job entail
Job Responsibilities:Contributes to establish the processes policies and guidelines for carrier audit and compliance programs. Develops and implements quality assurance measures to ensure consistency and accuracy in compliance assessments. Reviews the compliance of carrier partners with industry regulations state laws and company policies. Assesses carrier contracts to ensure alignment with legal and regulatory requirements. Conducts audits of carrier operations to verify compliance with contractual agreements regulatory standards and company policies. Collaborates with internal audit teams to coordinate comprehensive assessments. Conducts research to identify potential risks and areas for improvement in carrier operations. Maintains accurate records of audit findings ensuring documentation of compliance or non-compliance issues. Investigates compliance-related issues identified during audits collaborating with carriers to implement corrective actions and ensures contract enforcement. Prepares detailed reports summarizing audit results providing insights and recommendations for corrective actions. Collaborates with internal teams to develop and implement policies and procedures that promote and enforce carrier compliance. Provides training and guidance to carriers on compliance expectations. Analyzes data related to carrier performance compliance metrics and audit outcomes to identify trends and areas for improvement. Identifies opportunities for process improvements in the carrier compliance program and contribute to the enhancement of overall operational efficiency. Work Experience and Education:Bachelors degree required Masters degree preferred; Business Operations Finance Legal preferred. Any other related discipline or commensurate work experience considered. 6 years of experience in Insurance Industry Audit or Compliance with a Bachelors degree or 3 years and a Masters degree. Licenses & Certifications: Certified Insurance Compliance Professional (CICP) is a plus.Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race creed color religious beliefs physical or mental capabilities gender identity or expressionsexual orientation and many other characteristics bring together varied perspectives and add value to the service we provide our clients trading partnersand policy extends to all aspects of our employment practices including but not limited to recruiting hiring discipline firing promoting transferring compensation benefits training leaves of absence and other terms conditions and benefits of employment.
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them and their family members achieve their physical financial and emotional well-being addition to paid time off for company holidays vacation sick and personal days Ryan offers paid parental leave mental health services and more.
The target salary range for this position is $96840.00 - $121050.00 annually.The wage range for this role considers many factors such as training transferable skills work experience licensure and certification business needs and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards visit our website provide individuals with disabilities reasonable accommodations to participate in the job application or interview process to perform essential job functions and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at
The above is intended to describe this jobs general requirements. It is not to be construed as an exhaustive statement of duties responsibilities or physical requirements. Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Required Experience:
Senior IC