Compliance Analyst

Work Location(s): Florham Park, NJ, US

ADP is hiring a Compliance Analyst. 

• Are you ready to join a company offering career advancement opportunities throughout your career journey?
• Do you want to join a company with award-winning training and world-class service guidelines to help you achieve success, growth, and continued learning?
• Are you looking for an inclusive environment with a culture of collaboration and belonging?

If so, this may be an opportunity for you. Read on and decide for yourself.

At ADP we are driven by your success. We engage your unique talents and perspectives. We welcome your ideas on how to do things differently and better. In your efforts to achieve, learn and grow, we support you all the way. If success motivates you, you belong at ADP.

We strive for every interaction to be driven by our CORE values: Insightful Expertise, Integrity is Everything, Service Excellence, Inspiring Innovation, Each Person Counts, Results-Driven, & Social Responsibility.

Position Description:

• Conduct monthly random file audits for Sales/Implementation/Service to determine that
  each sampling has performed according to state, carrier and agency
  documentation/process requirements; and produce monthly reporting to reflect results
• Deliver File review (Quality) results during monthly review meetings
• Discuss trends and observations.
• Provide required steps to bring issues into compliance.
• Resolve appeals, drive improved process, quality, and best practices
• Monitor licenses of all associates who are required to maintain an insurance license,
  including management of monthly license audit and all other associated license reporting
• Manage all agency and producer appointments and terminations with carrier partners
• Maintain, deliver, and monitor mandatory internal compliance trainings to all new
  Insurance associates
• Monitor that all agency related training requirements are met, and produce monthly
  reporting on associates out of compliance
• Manage at least one department project and participates in various other department
  projects regarding compliance and/or quality control.
• Involvement in the development of all compliance systems.
• Advise Sales by answering inquires that focus on compliance issues, primarily around
  state specific requirements regarding Coverage Bearing concerns (i.e., Owner/Officer
  exemptions), licensing, appointment, etc.
• Interface with Legal to manage carrier contract amendments
• Interaction with Compliance India – training and acting as backup for tasks, including maintenance of Compliance database.
• Act as resource for projects that have been transitioned to India.
• Performs other related duties as assigned

Preferred Qualifications:

• Bachelor’s Degree required or in progress.
• 1-3 years minimum experience with insurance companies
• Licensed in Property and Casualty and/or Health Lines a plus.
• Proficient in Xcel (VLOOKUP, Pivot tables) and basic Xcel formulas and conditional
  formatting, and Report formatting
• Data validation Skills
• Excellent written and verbal communication skills, including the ability to prepare and
  conduct presentations
• Excellent analytical and problem- solving skills
• Proficient with Microsoft Word and Outlook

Diversity, Equity, Inclusion & Equal Employment Opportunity at ADP: ADP affirms that inequality is detrimental to our associates, our clients, and the communities we serve. Our goal is to impact lasting change through our actions. Together, we unite for equality and equity. ADP is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

Ethics at ADP: ADP has a long, proud history of conducting business with the highest ethical standards and full compliance with all applicable laws. We also expect our people to uphold our values with the highest level of integrity and behave in a manner that fosters an honest and respectful workplace. Click https://jobs.adp.com/life-at-adp/ to learn more about ADP’s culture and our full set of values.