Compliance Director - BRIE
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MSI, part of The Baldwin Group
US
Summary
The Compliance Director will oversee compliance functions across multiple operations, ensuring adherence to state and federal regulations. This includes monitoring regulatory changes, developing compliance policies, and conducting internal audits.
Job Description
BRIE is more than insurance – it’s a promise
BRIE, short for Builder Reciprocal Insurance Exchange, is the go-to solution for homeowners seeking reliable home insurance coverage in new- or newer-home communities.
As a reciprocal exchange, BRIE operates differently. Unlike traditional insurance models that focus on profits for shareholders, a reciprocal exchange is member-focused—designed to serve its subscribers over the long term.
Working at BRIE means being part of a mission-driven organization that emphasizes standing together in times of need. It’s an opportunity to contribute to an innovative and expanding insurance model rooted in community and long-term value.
We are seeking a highly skilled and experienced Compliance professional for the Builder Risk Management, LLC, to lead compliance operations for the Builder Reciprocal Insurance Exchange (BRIE), a newly established reciprocal insurance exchange dedicated to providing builder sourced homeowner insurance nationwide. BRIE operates as a member-focused exchange, with Millennial Specialty Insurance, LLC as its insurance service provider.
The ideal candidate will bring deep expertise in Property & Casualty insurance compliance, strong analytical skills, effective communication abilities, and a thorough understanding of regulatory frameworks in the insurance industry. This role will oversee compliance functions across multiple operations, ensuring adherence to state and federal regulations while fostering a culture of compliance excellence.
Key Responsibilities
Regulatory Compliance Oversight
- Monitor and communicate legislative and regulatory changes.
- Ensure the company complies with all applicable laws, regulations, and internal policies by timely adopting new requirements.
- Oversee regulatory reporting to insurance departments and other compliance functions including, but not limited to, the following:
- Consumer Complaint Handling;
- Regulatory Exams & Investigations (including Market Conduct Exams);
- Regulatory Inquiries & Communications;
- Homeowners Data Calls;
- NAIC Market Conduct Annual Statements;
- Coordination of financial reporting requirements; and
- Medicare Secondary Payer compliance, including Section 111 reporting;
- Policies, Procedures, & Program Development
- Create, update, and enforce compliance policies and procedures to mitigate risks and ensure adherence to regulations.
- Support the adoption and adherence to corporate governance procedures and best business practice guidelines.
- Develop, organize, and deliver compliance training programs to communicate key regulatory changes and compliance responsibilities.
Strategic Initiatives & Risk Management
- Identify, assess, manage and mitigate compliance risks by developing and implementing internal controls and procedures.
- Support and manage complex strategic planning and projects.
- Conduct regulator internal reviews/audits to assess compliance with regulations and prepare reports for leadership.
- Firm-wide Collaboration
- Work closely with various departments to ensure compliance activities are integrated into business processes and operations.
- Partner with cross-functional and cross-organizational teams, including Legal and Operations, to support regulatory requirements for BRIE.
- Serve as a strategic advisor on regulatory requirements, filings, and industry trends.
- Report key compliance metrics and risk assessments to senior leadership.
Qualifications
- 7+ years in Property & Casualty insurance compliance.
- In-house carrier experience required.
- Strong understanding of NAIC model laws, state-specific regulations, and compliance frameworks.
- Exceptional communication, analytical, and problem-solving abilities.
- Adept at process improvement and technology-driven compliance solutions.
- Bachelor’s degree required.
- Juris Doctor degree and compliance certifications (e.g., CRCM, CCEP) preferred.
- High ethical standards, sound judgment, and ability to influence decision-making at senior levels.
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Click here for some insight into our culture!
MSI is a leading managing general agency (MGA) that thrives on solving challenges, delivering responsive service, and providing an easy insurance experience. Founded in 2015, MSI is one of the largest independent MGAs in the United States, offering more than 20 products and solutions across personal, commercial, and professional lines to more than 1.5 million customers.
We design and scale creative solutions to the most challenging insurance needs. Our distribution partners turn to us for our wide variety of products and access to insurer and reinsurer risk capacity to grow their business and meet their customers’ unique needs. We take servicing seriously with a dedicated team that prioritizes rapid resolutions. You can count on our team of experts and proprietary technology to deliver fast, responsive service, with a commitment to building insurance better.
Industry
Insurance
MSI is a leading managing general agency (MGA) that thrives on solving challenges, delivering responsive service, and providing an easy insurance experience. Founded in 2015, MSI is one of the largest independent MGAs in the United States, offering more than 20 products and solutions across personal, commercial, and professional lines to more than 1.5 million customers.
We design and scale creative solutions to the most challenging insurance needs. Our distribution partners turn to us for our wide variety of products and access to insurer and reinsurer risk capacity to grow their business and meet their customers’ unique needs. We take servicing seriously with a dedicated team that prioritizes rapid resolutions. You can count on our team of experts and proprietary technology to deliver fast, responsive service, with a commitment to building insurance better.
Industry
Insurance