AVP, Compliance

About the role

With a company culture rooted in collaboration, expertise and innovation, we aim to promote progress and inspire our clients, employees, investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, we Enable Possibility℠. The Assistant Vice President, Compliance reports directly to the Vice President, Compliance and provides regulatory and compliance support for the Warranty & Lenders Solutions business unit. The role includes preparation and submission of form and rate filings for consumer products, as well as additional statutory filings as needed, and leads the compliance team in researching, analyzing, and evaluating state and federal regulations.

Responsibilities

• Oversee and file with state insurance regulators forms, rates and rules utilizing the Filing Ramp & SERFF software applications.
• Develop filing strategies and product tools to further the most efficient product implementation.
• Work closely with underwriting, actuarial, legal, and product development teams to monitor and communicate filing methods and procedures, ensuring rate and form filings are accurate and current.
• Oversee and coordinate the process for responding to state objections.
• Manage extensions, resubmissions, and withdrawals, considering individual states’ restrictions and deadlines.
• Coordinate and document all activities surrounding the filing, approval, and disapproval of filings with state insurance departments.
• Research, analyze, evaluate, and publish information on new laws and regulations affecting consumer products and business‑unit policies and procedures.
• Develop compliance tools to review consumer forms specific to lender products.
• Oversee compliance staff in handling internal compliance audits and obligor license renewals.
• Assist compliance staff in the complaint handling process.
• Assist compliance staff with market conduct reviews and inquiries.

Requirements

• 10+ years of experience in insurance compliance, regulatory or state filings.
• Ability to effectively communicate ideas, issues and solutions to diverse audiences in writing and orally.
• Excellent interpersonal relationship skills and the ability to work effectively across a large, multi‑dimensional organization.
• High level of organizational skills and attention to detail.
• Intermediate computer skills and proficiency with standard industry programs and websites.
• Working knowledge of insurance principles, procedures, best practices, state insurance regulation and filing requirements (a plus).
• Ability to interpret industry trends and align actions with company strategic objectives.
• Availability for some travel between the home office and the business unit’s office.
• Understanding of P&C insurance licensing requirements and service‑contract obligor licensing setup and maintenance.
• Background or knowledge of motor vehicle, service contracts, and finance & lenders insurance products.
• Knowledge of forced‑place insurance and debt‑protection products such as vehicle GAP and excess wear and tear.

Education

Bachelor’s Degree preferred.

Benefits

• Multiple medical plans plus dental, vision, and prescription drug coverage.
• Competitive 401(k) with generous matching.
• PTO beginning at 20 days per year.
• Up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer.
• Basic Life and AD&D insurance, as well as short‑ and long‑term disability.
• Paid parental leave of up to 10 weeks.
• Student loan assistance and tuition reimbursement.
• Backup child and elder care.
• Additional benefits available.