Compliance Specialist (contract)

Overview of Position

Reporting to the Compliance Manager, the Compliance Specialist will have responsibilities for compliance activities supporting Assurant Canada’s business lines.  Candidates should have strong analytical and critical thinking skills, specifically as related to legislative and regulatory analysis and impact assessments. Experience or familiarity with creditor insurance and inclusive insurance benefits products would be an asset.

Assurant Canada is the trade name of the Canadian branches of US based insurance companies, namely American Banker’s Insurance Company (ABIC), and American Banker’s Life Assurance Company (ABLAC), as well as an Ontario incorporated warranty company, Assurant Services Canada Inc. (ASCI).

What will my duties and responsibilities be in this job?

• Conduct compliance and distribution oversight activities of Creditor/ Inclusive insurance products;

• Monitor and assess legislative and regulatory developments; providing updates to Compliance team and the business line (including but not limited to creditor insurance, Environmental Social Governance, Artificial Intelligence, Privacy);

• Handle privacy matters related to Canadian privacy legislation and regulations, including initial investigation, analysis, recommendations and response to privacy access requests and complaints, working with the Canadian Privacy Officer and Assurant Global Privacy Office as needed;

• Review and update of existing and drafting (as needed) of Assurant Canada Compliance policies and procedures,

• Contribute to Compliance Reports to the Chief Agent for Assurant Canada and senior management;

• Engage with and coordinate Assurant Enterprise on initiatives, policies and procedures as related to the Canadian Branch Office for ABIC and ABLAC; and

• Review Marketing/other collateral for applicable creditor insurance and inclusive insurance benefits business lines.

With oversight and direction of the Compliance Manager, the Compliance Specialist may also be involved in other activities including, as needed or necessary:

• Enterprise Projects. E.g. Participation and supporting business in AI projects/ matters, participation in AI Legal & Compliance Governance calls;

• Assist in maintenance of certain provincial insurance licensing/ registration requirements.

• Provide assistance in regard to Assurant Canada’s Regulatory Compliance Management (RCM) Program e.g. Privacy;

• Filing emails and records of our day-to-day projects/ work initiatives.; and

Assist with other compliance initiatives/activities as directed.

What are the requirements needed for this position?

Education:

• University degree or equivalent post-secondary academic background

Experience:

• 2+ years of experience in compliance, risk, quality assurance or similar role    

• 2+ years of experience within a financial institution, insurance preferred

Knowledge of:

• Regulators and the regulatory environment for financial services in Canada

• Federal and provincial insurance acts and regulations

• Federal and provincial privacy legislation and regulations  

What other skills/experience would be helpful to have?

• Ability to conduct effective legislative and regulatory research       

• Ability to track and analyze information effectively

• Capable of drafting and reviewing policies and procedures  

• Strong critical analysis and solutioning skills

• Strong communicator both verbally and in written form

• Demonstrated organizational and prioritization skills

• Demonstrated client service mentality

• Self-learner with a propensity to share knowledge

• Team player, independent worker, relationship builder

• Capable multi-tasker

Pay Range:

Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

If there is no posting end date listed then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.

Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.

What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 14 countries and awarded the Fortune America’s Most Innovative Companies recognition, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

AI and Biometric Usage

Assurant supports the responsible use of Artificial Intelligence (AI), but we want to know the real you. Visit our AI Usage Guidelines page to understand what we expect from applicants regarding their use of AI during the application process. Since we would like to know the real you, we require that all of our virtual interviews be conducted on video.

Employment is contingent upon completion of a required identity verification process, which may include biometric technology, where permitted by applicable law and subject to applicable notice and consent requirements. See our Privacy Notice to learn about Assurant’s privacy practices, including our use of AI-enabled technology, automated decision making, and biometric information.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.

Job Scam Alert
Please be aware that during Assurant's application process, we will never ask for personal information such as your Social Security number, bank account details, or passwords. Learn more about what to look out for and how to report a scam here.