Draft POSITION TITLE: Senior Regulatory Counsel DEPARTMENT: Legal and Compliance REPORTS TO: General Counsel EEO CATEGORY: Professionals DIRECT REPORTS: 2 FLSA STATUS: Exempt LOCATION: Scottsdale AZ, Hartford CT, Alpharetta GA, Chicago IL, Chapel Hill NC ABOUT IFG COMPANIES Founded in 1985, IFG Companies is one of America’s largest privately-held specialty property and casualty insurance groups. Rated "A" by A. M. Best Company, IFG Companies focuses on profitable growth through superior underwriting of a range of products for its producer partners and insureds. SALARY RANGE The expected salary range is $130,000 to $180,000 and subject to change at any time at the discretion of the Company. POSITION SUMMARY The Senior Regulatory Counsel serves as a trusted advisor for IFG Companies’ senior management team on compliance and regulatory matters, providing timely guidance, advice, and business-focused solutions. POSITION SUMMARY/OBJECTIVES <ul> <li> Stay abreast of developing regulatory changes related to IFG Companies’ insurance operations, including providing timely guidance of state and federal regulatory changes that may impact the Companies</li> <li> Perform legal research, including analysis of state insurance statutes, regulations, and bulletins</li> <li> Ensure that compliance guidance is implemented, action plans are completed in a timely fashion and that appropriate compliance controls and testing are in place and effective</li> <li> Develop or oversee internal training and awareness initiatives related to compliance issues and requirements</li> <li> Evaluate, investigate, and respond to Department of Insurance (DOI) correspondence, market conduct exams, and financial exams, and assist with implementation of mitigation/remediation plans, as necessary.</li> <li> Oversee statistical and procedural regulatory information requests</li> <li> Coordinate, research and support corporate compliance and governance areas</li> <li> Oversee and advise on effective controls related to the monitoring of various states' data and privacy laws and related compliance/reporting requirements</li> <li> Participate in the review of any significant product development changes, prior to implementation</li> <li> Liaise with trade organizations (e.g., APCIA, WSIA, etc.) on areas of regulatory interest</li> <li> Maintain and update corporate books and records, including but not limited to, articles of incorporation and bylaws, certificates of authority and board of directors’ materials and corporate transaction legal documents</li> <li> Manage licensing processes and licensing staff – entity, producer, and adjuster licensing</li> <li> Oversee the OFAC monitoring process</li> <li> Assist with general legal tasks, as required</li> </ul> KNOWLEDGE/SKILLS/ABILITIES INCLUDING <ul> <li> Strong interpersonal and diplomacy skills with ability to flex in an evolving organization</li> <li> Strong commitment to ethical practice of law</li> <li> Superior verbal, written and interpersonal communication skills</li> <li> Ability to work collaboratively and cross functionally with individuals at all levels of the organization</li> <li> Excellent organizational and project management skills, including managing multiple projects</li> <li> Excellent influencing, facilitation, relationship building and partnership skills</li> <li> Strong researching skills</li> <li> Ability to mentor other compliance associates</li> <li> Thorough understanding of the U.S. insurance regulatory and compliance environment</li> <li> Clear, concise legal reasoning and judgment, while demonstrating flexibility and discretion</li> <li> Strong command of legal, regulatory and product filing databases and systems, including Westlaw, ODEN, Lexis, NILS, NIPR, SERF and UCAA</li> <li> Working knowledge of ISO CGL, Property and Auto and AAIS Inland Marine products</li> </ul> EDUCATION/EXPERIENCE/CERTIFICATIONS <ul> <li> Required: JD from an ABA accredited law school</li> <li> Required: 8+ years of compliance experience, preferably as in-house counsel for a commercial property & casualty lines insurance company</li> <li> Required: Admitted to practice law in at least one state</li> <li> A Plus: Corporate governance and/or Corporate secretarial experience</li> </ul> BENEFITS We offer a competitive compensation and benefits package including medical, dental, vision, 401(k), flexible spending, short-term and long-term disability insurance, life insurance, long-term care, education assistance and paid time off, including paid parental leave and a birthday holiday. IFG Companies is an equal opportunity employer committed to a diverse workforce. #LI-JF1