Director, Compliance - Commercial Lines

Company: The Travelers Indemnity Company
Location: Hartford
Posted on: May 3, 2025

Job Description:

Who Are We?Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 160 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.Compensation OverviewThe annual base salary range provided for this position is a nationwide market range and represents a broad range of salaries for this role across the country. The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment. As part of our comprehensive compensation and benefits program, employees are also eligible for performance-based cash incentive awards.Salary Range$123,000.00 - $203,000.00Target Openings1What Is the Opportunity?As a Director, Compliance in BI Legal, you will be responsible for assisting with the overall management of compliance initiatives. This role is responsible for designing, implementing, monitoring, advising, and adjusting strategies to ensure compliance with state and federal laws, regulations, and company policies. In addition, you will be accountable for raising concerns and protecting company exposure on compliance related matters.What Will You Do?

• Market Regulatory Activity:
• With limited oversight, facilitate and direct non-financial market regulatory activities, including market conduct exams, interrogatories, surveys, and data calls, in higher complexity states/matters.
• Lead the coordination and review of information and responses with other business groups and/or Corporate Compliance.
• Draft responses to inquiries, criticisms, and alleged violations.
• Assist in the design, monitoring and negotiation of corrective actions and potential penalties.
• Engage with business groups on proactive compliance and/or strategies for monitoring and ensuring compliance with corrective action plans.
• Design and produce reports on compliance-related data to identify trends and opportunities.
• Address General Compliance Issues:
• Advise, consult, and provide training and education on matters related to compliance with laws, regulations, applicable company policies, and ethical behavior, while leveraging compliance-related data and trends.
• Proactively collaborate with business partners to understand their priorities and goals and to support projects or matters which drive business outcomes.
• Support the remediation of regulatory issues discovered within Business Insurance and address compliance related exposures, and potential internal and external reporting requirements.
• Contact for Regulatory Bodies:
• Develop and maintain productive/effective relationships with key regulators in higher complexity states to create positive outcomes for the enterprise.What Will Our Ideal Candidate Have?
  • Bachelor's Degree
  • Eight years prior experience with state jurisdictional guidelines, regulations, and procedures.
  • Excellent written and verbal communication skills with the ability to clearly convey information to various audiences.
  • Advanced relationship building skills with the ability to work both independently and collaboratively with internal and external partners.
  • Ability to influence and negotiate at all levels within the Department or external contacts.
  • Strong interpersonal skills and ability to represent the company in various environments.
  • Ability to effectively attract, develop and retain top talent.
  • Exceptional ability to think strategically and apply critical thinking skills.
  • Be inquisitive in analyzing information to make decisions and solve problems.What is a Must Have?
    • Seven years of relevant business, compliance, and/or regulatory experience.What Is in It for You?
      • Health Insurance: Employees and their eligible family members - including spouses, domestic partners, and children - are eligible for coverage from the first day of employment.
      • Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
      • Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
      • Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
      • Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.Employment PracticesTravelers is an equal opportunity employer. We value the unique abilities and talents each individual brings to our organization and recognize that we benefit in numerous ways from our differences.In accordance with local law, candidates seeking employment in Colorado are not required to disclose dates of attendance at or graduation from educational institutions.If you are a candidate and have specific questions regarding the physical requirements of this role, please send us an so we may assist you.Travelers reserves the right to fill this position at a level above or below the level included in this posting.To learn more about our comprehensive benefit programs please visit .
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Keywords: The Travelers Indemnity Company, Revere , Director, Compliance - Commercial Lines, Executive , Hartford, Massachusetts