What are the responsibilities and job description for the Compliance Analyst, Market Conduct position at BITCO INSURANCE COMPANIES?
Old Republic Bitco is seeking a Compliance Analyst, Market Conduct to join our Home Office located in Davenport, IA. As a respected specialty insurer with 11 branch offices across 10 states, OR Bitco delivers tailored insurance solutions to complex industries such as construction, forest products, and oil and gas.
This position is open to hybrid work arrangement, blending flexibility with meaningful in-person collaboration.
At OR Bitco, our work is guided by core values. We care deeply about our people, partners, and customers. We are committed to excellence and accountability. We deliver on our promises with integrity and precision, and we strive to make a meaningful impact in everything we do. These values drive our mission to protect the people and industries that keep America running.
Join the OR Bitco team and be part of a workplace built on collaboration, open communication, and a positive culture that supports growth and success. If you are passionate about operational excellence and ready to make a measurable impact within a growing, industry-leading organization, OR Bitco offers the platform and challenge you have been seeking.
Position Summary:
In this role, you will be instrumental in ensuring that OR Bitco remains in compliance with all state and federal regulatory requirements. You’ll monitor regulatory developments, conduct research, support compliance initiatives, and serve as a key liaison with state Departments of Insurance. Working closely with leaders across the organization, you’ll help strengthen processes, identify compliance risks, and support a culture of regulatory excellence.
Primary Responsibilities:
- Develop, maintain and foster good working relations with all internal and external customers
- Establish good working relationships with insurance department personnel and act as a liaison for communications between BITCO and the various Departments of Insurance (DOI)
- Review DOI and industry correspondence and insurance related materials for legislative changes
- Monitor, review and research state insurance laws, regulations and bulletins to ensure BITCO's legal compliance
- Assist in the analysis of the company's regulatory compliance and development of control procedures
- Monitor and assist with the development of improvements to workflows in the areas of compliance, forms, legislative or legal tracking and legal research
- Research questions regarding regulations, products and processes
- Perform regular review of state market conduct examinations; track trends, conduct internal reviews of company processes and recommend changes to maintain compliance
- Monitor OFAC reporting and investigate potential matches
- Work with manager and company leadership to review and update company Disaster Response and Business Continuity Plans
- Work with leadership and parent company to complete annual Conflict of Interest certifications
- Receive and route DOI complaints to appropriate individuals for review and resolution. Maintain log for company complaints; make regular reports to company group
- Coordinate with appropriate departments to complete required compliance certifications including cyber-security
- Perform other duties as assigned
Qualifications:
- Must be legally authorized to work in the United States
- College or paralegal degree, or equivalent work experience
- Insurance experience and/or education preferred
- Ability to review and analyze legislative materials
- Proficient PC skills, including experience with Windows based word processing and spreadsheet software
- Clear and concise written and verbal communication skills
- Detail oriented with excellent organizational and analytic/problem solving skills
- Ability to manage multiple priorities with consideration for meeting deadlines
- Ability to work with individuals at all levels and in various departments
- High degree of accuracy and attention to detail
Benefits:
- Competitive salary paired with a comprehensive benefits package
- Generous paid time off, plus 12 paid holidays annually
- Comprehensive health coverage, including medical, dental, and vision plans
- Additional protection through accident, critical illness, and hospital indemnity insurance
- Company-paid life insurance equal to 2× annual salary
- Company-paid short-term and long-term disability coverage
- 401(k) Savings and Profit-Sharing Plan through Old Republic
- Ongoing education, training, and professional development opportunities
- Support for industry certifications and insurance designations, including financial assistance
- Opportunities to give back through corporate philanthropy and community service initiatives
- Optional benefits including travel, commuter, and pet insurance
- Employee wellness support through a dedicated fitness program