Risk & Compliance Manager

Alfa Insurance Corporate Careers - Montgomery, AL

Full-time - Mid Level

Montgomery, AL

About the position

The Risk and Compliance Manager at Alfa Insurance is responsible for leading and managing the company's risk and compliance initiatives. This role involves identifying, evaluating, mitigating, and monitoring operational, financial, compliance, and strategic risks across various business units. The manager will ensure adherence to industry regulations, foster strong communication, and collaborate with teams to maintain ethical standards and improve compliance frameworks.

Responsibilities

• Oversee Alfa's corporate insurance program, minimizing risk and financial loss through effective policy procurement and broker relationship management.
• Design and implement compliance programs to ensure adherence to regulatory requirements.
• Develop and maintain corporate policies and manage training for employees.
• Coordinate regulatory examinations and inquiries.
• Work with IT Security and management to implement privacy and cybersecurity programs that protect sensitive information.
• Support cybersecurity committees and ensure risk oversight across business units.
• Assist with the corporate ERM program, focusing on third-party risk management to evaluate and monitor vendors effectively.

Requirements

• BA/BS degree in Auditing, Accounting, Finance, IT, Insurance, Risk Management or other related business discipline required.
• Master's degree preferred.
• Five years' experience in a compliance and/or risk management discipline required.
• One or more certifications preferred (CPA, CIA, CRM, CMA, CISA, CRMP) or other comparable designations.
• Excellent skill set in reading and interpreting technical and legal language of applicable literature.
• Strong foundation in compliance, enterprise risk management, and/or related fields.
• Diverse knowledge and experience in business disciplines such as compliance, legal, cybersecurity, financial analysis, insurance, operations, and strategic planning.
• Excellent oral and verbal communication skills; excellent presentation skills.
• Strong analytical and exceptional problem-solving capabilities; excellent report summation skills.
• Self-motivated, organized, and able to develop various programs and standards for company-wide application.
• Skilled in meeting deadlines, working under pressure, and working autonomously in a team environment; excellent project management skills.
• Effective leadership and management skills; able to interact and serve as a strategic partner with senior management.

Nice-to-haves

• Legal education/certificate (i.e., paralegal certificate) a plus.
• Prior managerial experience preferred.

Benefits

• Health insurance
• Dental insurance
• Vision insurance
• 401(k)
• Paid time off
• Onsite gym
• Opportunities for advancement
• Childcare assistance
• Short-term and long-term disability
• Flexible Healthcare and Childcare spending accounts
• Continuous training and support throughout your career
• College tuition discounts at various colleges in Alabama
• Access to onsite childcare center
• Onsite cafeteria
• Opportunity for annual performance bonus
• Discounts on auto insurance (underwriting approval required)