Regulatory Risk Advisory Manager

Overview

This role is for a Regulatory Risk Advisory Manager supporting governance, risk, technology, and compliance advisory services to clients. The risk advisory practice provides services to help clients assess risks, develop strategies to compete in a changing business environment, and achieve goals and objectives through expertise in areas including risk, governance, internal audit, compliance, IT, and cybersecurity best practices.

Responsibilities

• Work directly with partners to provide governance, risk, technology, and compliance advisory services to clients.
• Provide recommendations for business and process improvements based on knowledge gained from the client’s operations, processes, and business objectives.
• Provide supervisory oversight and serve in an Examiner In Charge capacity on larger, complex risk-focused financial examinations, reviewing and evaluating an insurer’s business processes and controls (including the quality and reliability of corporate governance) to assess and monitor current financial condition and prospective solvency.
• Provide supervisory oversight for risk-focused financial analysis of regulated insurance entities through off-site monitoring of State insurance department client domestic insurers’ financial condition.
• Monitor and report significant internal and external changes and risks relating to all aspects of the insurer.
• Review and analyze new, proposed, or revised laws, regulations, policies, and procedures to interpret their meaning and determine impact to the company.
• Provide supervision and training to seniors and staff.
• Attend networking meetings and conferences to build relationships that support the development and growth of the insurance regulatory practice.
• Meet business development goals developed collaboratively with your coach and partners.
• Participate in and/or lead presentations and trainings to clients and at conferences on examination and analysis topics, trends, and audit methodologies.

Minimum Required Qualifications

• 4 year degree
• Five (5) years of experience

Preferred Qualifications

• BA/BS in Accounting, Finance, Economics, Risk management, Information Technology or related field.
• Minimum of five (5) years of experience with Risk Advisory, Internal and/or External Audit, in a state regulatory agency/department or Regulatory Consulting firm.
• Experience as an Examiner In Charge for multi-state examinations and group coordinated examinations.
• Certified Financial Examiner (CFE) certification required.
• Additional designations such as Certified Public Accountant (CPA), Certified Insurance Examiner (CIE) or Certified Internal Auditor (CIA) preferred.
• Flexibility to travel to various client sites, up to 30%.
• Proactive communication (written and verbal).
• Excellent analytical, technical, and problem-solving skills.
• Strong Microsoft Word, PowerPoint, and Excel skills preferred.

Compensation & Benefits

The pay rate ranges for this position are listed below. Actual compensation is influenced by a variety of relevant factors including but not limited to applicant’s skills, prior experience, qualifications, degrees/certifications, work arrangements, and geographic location.

• National pay rate range: $107,300 to $170,200
• Philadelphia, PA: $105,200 to $187,250
• New York, NY: $140,000 to $212,780
• Madison, WI: $107,300 to $170,200

A comprehensive compensation and benefits package is offered to eligible employees.

Location

Work location status should be discussed with the talent acquisition professional to understand the requirements for an opportunity being explored.

Pay ranges vary by location as listed above (Philadelphia, PA; New York, NY; Madison, WI).