Sanctions Compliance Analyst

Job Opportunity

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an analyst in our New York, NY location. This position is responsible for assisting the BHSI Legal Department in supporting the compliance function for the company. The individual selected for this position will work closely with the legal, underwriting, claims, operations and other functional teams to assist in the management of sanctions risk, and to provide support in identifying, tracking and reporting new or updated regulatory requirements relating to our products.

Duties & Responsibilities

• Review, monitor and track legal and regulatory requirements concerning Berkshire Hathaway Specialty Insurance Company’s products and business.
• Support internal oversight of BHSIC’s compliance with sanctions requirements, including screening support and escalation.
• Staying abreast of industry trends and sanctions changes in order to anticipate areas of focus and attention of regulators, and keeping the compliance team informed.
• Support compliance and documentation practices.
• Assist with responses to governmental and administrative investigations and inquiries, as needed.
• Disseminate Sanctions Compliance information to underwriting, claims, operations and other functional teams on relevant legal and regulatory developments that impact its business.
• Support general compliance activities and other responsibilities, including special projects, training, and ad-hoc reporting, as assigned.

Qualifications, Skills and Experience

• 3+ years of relevant experience in sanctions screening and compliance activities (financial services company with a global footprint preferred).
• Advanced knowledge of US and international sanctions regulations.
• Familiarity with state and federal insurance laws and regulations.
• Certified Anti-Money Laundering Specialist (CAMS) a plus.
• Time management, prioritization and project management skills required.
• Analytical, meticulous and highly organized.
• Solid oral and written communication skills.
• Strong interpersonal skills and the ability to work both independently and on teams.
• Self-driven and self-disciplined.

The base salary range for this position in New York is from $60,000 – $85,000 along with annual bonus eligibility; a candidate’s salary is determined by their relevant skills and experience. We value our teammates – both their capabilities and character – as demonstrated by our amazing culture.