Job Description

Head of Risk & Compliance Recruitment at Ikon Search Chief Compliance Officer Job Summary: The CCO will be responsible for managing the overall compliance risk for the company, establishing a robust compliance framework, and fostering a culture of ethical business practices. This role will have a deep understanding of the benefits insurance industry, a proven track record of managing compliance programs, and a strong ability to work with senior leadership to navigate complex regulatory landscapes. Duties and Responsibilities: Establish, implement, and continually evaluate and update practices that promote company culture and vision. Resolve variety of high impact problems/projects through in-depth evaluation of complex business processes, system processes, and industry standards. Prepare input for operating budget. Monitor budget activity on a regular basis ensuring budget criteria and cost control measures are maintained and direct significant special projects as required. Monitor industry trends and recommend cost-effective and efficient solutions to accelerate business outcomes. Liaise with other departments to ensure that industry or regulatory updates are implemented accordingly. Develop, implement, and maintain the company’s compliance program to ensure adherence to all applicable federal, state, and local laws, regulations, and industry standards. Advise on regulatory developments, compliance risks, and the strategic direction of compliance initiatives. Lead the compliance function in identifying, assessing, and mitigating compliance risks across all business lines, including underwriting, claims, sales, marketing, and operations. Stay informed about current and evolving regulations impacting the insurance industry, including but not limited to state insurance codes, federal regulations (e.g., NAIC, Dodd-Frank Act, GDPR, etc.), and other relevant laws. Lead the company’s response to regulatory inquiries, examinations, and audits, ensuring timely and thorough compliance with requests. Develop, update, and implement internal compliance policies and procedures to ensure alignment with regulatory requirements and best practices. Conduct ongoing training for employees, management, and agents on compliance matters, ensuring that staff understand their obligations and the company’s policies and procedures. Oversee the monitoring of business operations to detect and prevent non-compliance, fraud, and other violations. Establish and manage a system of internal controls to identify potential compliance gaps and recommend corrective actions. Conduct regular compliance audits and assessments to evaluate the effectiveness of the compliance program. Maintain a robust system for tracking compliance issues, complaints, and potential regulatory violations, ensuring timely resolution and reporting to appropriate authorities. Required Knowledge, Skills, and Abilities: Juris Doctor degree or other relevant advanced degree or equivalent in-depth knowledge of insurance regulations, industry best practices, and relevant federal/state regulatory frameworks. Licensed attorney in any state with contracts experience preferred. Minimum of 10 years of experience in a compliance, legal, or regulatory role, with at least 5 years in a leadership position within the insurance industry with strong experience in Group Health Plans. Certifications such as Certified Regulatory Compliance Manager (CRCM), Certified Compliance and Ethics Professional (CCEP), or other relevant industry certifications are highly desirable. Experience in managing compliance programs, regulatory investigations, and audits. Pay may vary based on location. Offers will be adjusted based on an individual's experience, education, certifications and other job-related factors as permitted by law. Pay range is $200,000 – 300,000 annually. Seniority level Director Employment type Full-time Job function Consulting #J-18808-Ljbffr Ikon Search

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