Compliance Manager - Insurance Operations
NextEra EnergyAbout the role
NextEra Energy is the world's largest producer of wind and solar energy. With operations in nearly all 50 states and four provinces in Canada, our nearly 15,000 employees are committed to finding innovative, industry-leading solutions to provide safe, reliable and affordable clean energy to millions of customers throughout North America. We are leading the decarbonization of the U.S. economy with our goal to reach Real Zero carbon emissions from our operations by 2045 while improving customer affordability and reliability. Do you want to help us achieve Real Zero? Join our world-class team today. Learn more.
Position Specific Description
Palms Insurance is NextEra Energy’s wholly-owned insurance subsidiary that covers affiliate and non-affiliate risks. As a Sr. Business Analyst, you will assist the project managers in assessing problems and implementing solutions across the Palms organization. You will be responsible for collaborating with internal and external stakeholders to understand the business needs and develop requirement documents for projects. You will evaluate, manage, and monitor the organization's vendor management process. Success in this role requires strong communication, leadership capabilities, and a drive for continuous improvement.
- Serves as a strategic business partner and subject matter expert for compliance with state regulations and requirements for foreign and alien surplus lines carriers
- Oversight of all regulatory filings with state insurance departments and CIMA
- Periodically meets with management to provide updates on filings and other outstanding tasks
- Provide oversight and management of state related reporting, surplus lines tax filings or data calls. To ensure they are submitted to insurance department accurately, by the due date
- Provide accurate information to respond to internal and external requests
- Ability to analyze data and prepare reports with a high level of accuracy
- Ability to effectively communicate, work in a team environment as well as independent and must have a high ability to take initiative
- Maintain complete and organized files
- Trustworthy with confidential information
- Participate in other projects as needed to achieve goals and objectives of internal business units
- Actively promote a culture of a high standard of compliance
- Ability to analyze and accurately interpret requirements to maintain compliance with U.S. and Cayman filing requirements and provide accurate information
- Excellent attention to detail, good organizational skills, critical thinking, and the ability to demonstrate thorough, accurate and timely submission of all documentation
- Must have Property/Casualty corporate regulatory and compliance experience
- Strong written and verbal communication
This is a fully onsite opportunity.
Job Overview
The leader in this role performs and coordinates activities related to internal and external audits of Company or business unit functional areas to ensure compliance with enforceable standards.
Job Duties & Responsibilities
- Assists business units in the preparation and submittal of documents required for compliance and related legal proceedings
- Interacts with compliance teams, regulatory groups and other company personnel to build relationships, address compliance issues, develop advocacy plans and resolve problems
- Analyzes and communicates the impact of key regulatory issues related to strategic business goals and potential market impact
- Monitors standard approval process at the applicable level and participates in workshop panels and submits comments as required
- Performs other job-related duties as assigned
Required Qualifications
- Bachelor's Degree
- Experience: 8+ years
- Leadership Experience: 2+ years
Preferred Qualifications
- Master's Degree
Employee Group: Exempt
Employee Type: Full Time
Job Category: Compliance
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to
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