Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry. Our flexible workplace is continuously evolving to ensure all employees feel:
- Comfortable bringing their whole selves to work.
- Confident that they will be treated respectfully.
- Recognized for their performance and provided with equal opportunities to succeed.
At Argo, skill meets opportunity. If you're wired to raise your hand and ask, "Where can I help?", you'll thrive with us. We are looking for an Assistant General Counsel, Head of Group Compliance to oversee the Group Compliance Function, and to pro-actively support executive management's commitment to both legal and regulatory compliance and promotion of a strong culture of compliance across the company. This person will be responsible for corporate compliance such as AML, OFAC, Cybersecurity, and Privacy, as well as insurance regulatory compliance. They will also manage the Regulatory and Compliance and Regulatory Reporting teams within the General Counsel department while providing advice and counsel on a wide range of corporate and insurance regulatory compliance matters for the Group's regulated insurance entities. This position is in our New York city office. Major Actions and Support Actions:
Lead the Argo Group Compliance Program, overseeing all compliance function activities for the organization including development and implementation of policies and procedures, training, and monitoring activities. Analyze performance to identify any needs for corrective action. Work closely with Risk and Audit to advance compliance initiatives.
Draft the annual Argo U.S. Compliance Plan and monitor actual performance against the plan on an ongoing basis. Report Compliance activities and developments to senior management and the Board of Directors.
Manage the Regulatory and Compliance and Regulatory Reporting teams, providing support and feedback to team members in their handling of matters such as licensing, surplus lines, commercial deregulation, regulatory data reporting and data calls. Serve as a mentor and strong manager for direct reports.
Provide legal and regulatory advice to Underwriting, Finance, Operations, and Claims colleagues on regulatory and compliance matters.
Keep well informed of changes to statutes, regulations, governmental interpretations, industry trends, and lessons learned within the organization. Analyze, interpret, and determine the resultant impact on Argo Group and advise the appropriate personnel accordingly.
Work with the Sr. Regulatory Counsel and other members of the Legal and Compliance team on matters involving Federal, State, and regulatory authorities or other relevant parties in issues of compliance, including queries, market conduct exams, and investigations.
Develop and implement processes for managing information, such as consumer complaints, a whistle-blowing system, and other mechanisms.
Investigate and respond to potential violations of rules, regulations, policies, procedures, and standards of conduct by evaluating or recommending the initiation of investigative procedures.
Monitor and have oversight of the Argo Group licensing framework, ensuring that Argo's operations have in place the necessary licenses on an ongoing basis.
Work with Human Resources to execute and maintain the compliance training program for Argo Group
Perform other duties as assigned.
Education:
Skills & Experience:
8+ years of experience in-house at a U.S.-domiciled P&C insurance company, or within a law firm's insurance practice managing insurance regulatory compliance matters.
Experience developing and maintaining compliance frameworks, including working knowledge of sanctions, cybersecurity, privacy, and other corporate compliance requirements.
Experience managing a team of insurance regulatory professionals.
Strong understanding of U.S. insurance laws.
A high level of intellectual, professional, and interpersonal agility and flexibility, combined with strong analytical, problem-solving, written, and oral communication skills.
Excellent project management skills, well organized, with the ability to thrive in a fast-paced work environment and manage numerous projects simultaneously under deadline pressure.
Team-oriented and able to work collaboratively and effectively with business clients and other legal department members, as well as being a self-starter comfortable working independently.
Professional demeanor with a high degree of discretion and confidentiality.
Embodies Argo Group Culture: Values, Code of Conduct, Innovation, Diversity & Inclusion.
Travel: Up to 15%
The base salary range provided below will be commensurate with candidate experience. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package. New York City Pay Range:
$180,500
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$250,000 USD PLEASE NOTE: At this time, Argo Group will not sponsor an applicant for employment authorization for this position. If you have a disability under the Americans with Disabilities Act or a similar law and you wish to discuss potential accommodations related to applying for employment at Argo Group, please contact our Benefits Department at 210-321-8400. To all recruitment agencies: Unless you have been requested to work on this position, or other positions with Argo Group, please do not forward any resumes to Argo Group employees. Argo Group is not responsible for any fees related to unsolicited resumes. Argo Group International Holdings, Ltd. is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. The company is a wholly owned subsidiary of Brookfield Reinsurance Ltd. Argo and its insurance subsidiaries are rated A-' by Standard and Poor's. Argo's insurance subsidiaries are rated A-' by A.M. Best. More information about Argo is available at . We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical) , including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, child birth, breastfeeding, and medical conditions related to pregnancy, child birth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics. The collection of your personal information is subject to our Our Benefits Developing our employees professionally and personally strengthens our organization.
Argo Group offers an attractive Total Rewards package that includes:
- A culture that recognizes performance and empowers employees to excel, offering competitive compensation and merit driven profit sharing.
- Flexible workplace policies that support employee well-being include compressed hours, flex-time, job-sharing, remote work, sabbatical leave, holiday and summer hours.
- Comprehensive health, wellness, and financial planning options that employees can tailor to meet their personal and family needs. In addition to traditional health and wellness plans, benefits include dental, disability, life insurance, medical, and vision insurance, matching 401(k) retirement savings, generous paid time off (21 days of PTO, 11 paid company holidays, 3 floating holidays and a paid voluntary day), paid caregiver and parental leave, paid bereavement, jury duty/court appearances, and military (up to 14 days) leave, employee assistance program (EAP), and an array of voluntary benefits.
- Argo Academy, a digital and instructor-led platform that offers continuous learning and professional development - magazine lists Argo among the Training "Top 125" Companies. Argo encourages career mobility and continuing education to pursue and maintain professional and industry designations, in addition to traditional university and higher education programs.
- An inclusive culture that develops and sponsors diverse teams, encourages cross-functional engagement and collaboration, builds community through employee resource groups (ERGs), and provides an environment that welcomes ongoing dialogue, creative innovation, professional and personal development.
- Active community outreach and volunteer programs in addition to matching charitable gifts by 100%.
- A generous Employee Referral program that results in approximately 25% of all new hires annually.
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