VP, Chief Compliance Officer & Lead Regulatory Counsel

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　　Date: Feb 10, 2024

　　Location: Webster, MA, US

　　Company: MAPFRE

　　The Chief Compliance Officer (CCO) reports to the General Counsel of the Company and oversees the Corporate Compliance Program, functioning as an objective body that reviews and evaluates compliance issues and concerns within the Company. The position ensures that the Board of Directors, management, and employees are in compliance with the laws, rules and regulations of regulatory agencies; that company policies and procedures are being followed; and that behavior in the organization meets the Company’s Code of Ethics and Conduct.

　　The CCO is responsible for creating a culture of compliance through education, awareness, and first line accountability, including training on multiple areas of compliance throughout the organization.

　　The CCO develops and implementsthe Company’s annual compliance plan and provides periodic updates to Senior Management and the Audit Committee of the Board of Directors related to the plan and any other material compliance matters.

　　The CCO leads the Company’s compliance with MAPFRE S.A.’s standards, including but not limited to compliance risk assessments, policy management, and regulatory change management, including but not limited to monitoring, evaluating, and communicating changes in regulations that affect the Company’s operations.

　　The CCO oversees reviews related to operational compliance (rating, underwriting, claims, company licensing, etc.) and works with management to implement controls to promote compliance with insurance, and other state and federal regulatory requirements.

　　As Chair of the Corporate Compliance Committee, the CCO monitors and reports results of the compliance and ethics efforts of the Company.

　　The Lead Regulatory Counsel reports to the General Counsel and is responsible for oversight of legal counsel to the Company on insurance regulatory matters. Provides legal advice, assistance, and counsel directly and through other members of the legal department to the Company on a wide range of legal issues relating to product initiatives, regulatory issues, and compliance matters on an enterprise-wide basis.

　　Knowledge, Skills and Abilities

　　Juris doctorate degree required and must be licensed and in good standing in at least one jurisdiction.

　　A minimum of 10 years of relevant experience in a legal, compliance, internal audit, or insurance operations role, including demonstrated leadership.

　　A demonstrated understanding and experience of the property and casualty field, including insurance products, distribution models, and business process.

　　Experience with regulatory compliance is required.

　　Strong written and oral communication skills, excellent analytical and organizational skills and proficiency in personal computer skills including online legal research.

　　Demonstrated leadership skills and the ability to effectively interact with business partners.

　　Clear and concise verbal and written communication skills and strong presentation skills.

　　Negotiation and diplomacy skills.

　　Ability to effectively influence with and without authority.

　　Demonstrated ability to align regulatory compliance and business strategies.

　　Comfort and effectiveness in creating structure.

　　Agility to handle multiple disparate issues with shifting priorities.

　　Sound business acumen.

　　If you require an accommodation for a disability so that you may participate in the selection process, you are encouraged to contact the MAPFRE Insurance Talent Acquisition team at [email protected] .

　　We are proud to be an equal opportunity employer.

　　Nearest Major Market: Worcester

　　Job Segment: Compliance, Recruiting, Internal Audit, Executive, Law, Legal, Human Resources, Finance, Management

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