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Compliance Specialist

AT ADP
ADP

Compliance Specialist

Florham Park, NJ

ADP is hiring a Compliance Analyst.

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.

In this position you will be responsible for:

  • Conduct monthly random file audits for Sales/Implementation/Service to determine that
    each sampling has performed according to state, carrier and agency

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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

  • QUALIFICATIONS REQUIRED:

    A college degree is great but not required. What is more important is having the skills to do the job. Other acceptable experiences could include:

    • Experience noted above, OR
    • Military Experience. We recognize and appreciate the unique talents and experiences Veterans bring to the table. We value the discipline, commitment, and problem-solving abilities you developed and are excited to provide an environment where you can continue to make a meaningful impact.

    Preferred Qualifications:

    • 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 is committed to an inclusive, diverse and equitable workplace, and is further committed to providing 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, protected veteran status or disability. Hiring decisions are based upon ADP's operating needs, and applicant merit including, but not limited to, qualifications, experience, ability, availability, cooperation, 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.

    Client-provided location(s): Florham Park, NJ, USA
    Job ID: ADP-256689
    Employment Type: Full Time