FBS - Controls and Governance Analyst

Description

Farmers Insurance is one of the United States’ largest insurers, providing a wide range of insurance and financial services products with gross written premiums well over US$25 Billion (P&C). They proudly serve more than 10 million U.S. households with more than 19 million individual policies across all 50 states through the efforts of over 48,000 exclusive and independent agents and nearly 18,500 employees. Finally, Farmers Insurance is part of one the largest Insurance Groups in the world.

About the Role We are seeking a Risk & Compliance Analyst to join a team that serves as the first line of defense in ensuring the effectiveness of risk management, compliance programs, and business operations controls. This team plays a critical role in maintaining adherence to established governance frameworks, minimizing operational risk exposures, and strengthening the overall control environment.

In this role, you will support risk, compliance, and business control initiatives through reporting, monitoring, governance activities, and stakeholder collaboration. You will leverage data and analytics to identify risks, evaluate control effectiveness, support remediation efforts, and provide actionable insights that help improve business operations and regulatory compliance.

This opportunity is ideal for a detail-oriented professional who enjoys working at the intersection of risk management, business operations, controls, and data-driven decision-making.

What You'll Do Support the implementation of risk, compliance, and business control initiatives across business operations

Monitor and validate business controls, identifying risks, control gaps, and process weaknesses

Perform compliance, quality, and control-related reporting and analysis using tools such as Excel and Power BI

Develop insights and recommendations through data analysis to improve operational effectiveness and strengthen the control environment

Support remediation activities, including action plan coordination, follow-up, and progress tracking

Assist with procedure governance, documentation standards, record retention, and process oversight activities

Partner with business stakeholders to ensure compliance with internal policies and applicable regulatory requirements

Collaborate with Legal, Compliance, Internal Audit, and Risk teams to support governance and control-related activities

Support quality assurance activities, including monitoring and evaluation efforts

Track and report on recognition and referral programs as required

Participate in change management, process improvement, and project initiatives

Assist with regulatory reviews, audit requests, litigation-related requests, and other compliance activities

Communicate findings and recommendations to process owners and stakeholders to support continuous improvement

Requirements

Bachelor's degree required

5+ years of experience in Risk Management, Compliance, Business Controls, Audit, Operations, or a related field

Experience working within regulated environments is preferred

Advanced proficiency in Microsoft Excel

Advanced experience with Data Analysis and Reporting

Ability to analyze large datasets and translate findings into actionable business insights

Experience with: Risk & Compliance Management, Business Controls & Governance, Process Improvement & Documentation, Issue Identification & Remediation Support and Regulatory & Policy Adherence

Cross-Functional Collaboration

Strong analytical and problem-solving skills with a data-driven mindset

Ability to identify trends, risks, and opportunities through reporting and analysis

Strong written and verbal communication skills

Ability to influence stakeholders and build effective cross-functional partnerships

Experience supporting audits, compliance reviews, and business control assessments

Benefits

Competitive compensation and benefits package:

Comprehensive benefits package

Career development and training opportunities

Flexible work arrangements

Dynamic and inclusive work culture within a globally renowned group

Private Health Insurance

Pension Plan

Paid Time Off

Training & Development

Note: Benefits differ based on employee level.