Compliance Analyst - Remote

About the role

The Compliance Department is responsible for the submission of product filings (forms/rates/rules) to the respective state departments of insurance to support profitable business growth, as well as reviewing marketing materials for adherence to the various state unfair trade practices and advertising guidelines. In addition, the Compliance department works with the underwriting areas in ensuring that all policies and/or certificates are properly issued.

Responsibilities

• Prepare, develop and issue policy contracts, amendments and related forms as needed for complex product structures, in accordance with company policy and state regulations.
• Document and maintain policy issuance process and state availability guidelines for assigned products.
• Aid in policy automation efforts, including user acceptance testing of forms and benefit features.
• Maintain fulfillment status and regular reporting of fulfillment activity.
• Complete fulfillment requests timely and accurately, within established timeframes.
• Respond timely to customer requests and where applicable, leverage technology to streamline the fulfillment process.
• Collaborate with Underwriting, Claims, Legal, and Actuarial teams to deliver high-quality insurance products and respond timely to product inquiries.
• Analyze with the ability to identify problematic language in marketing/advertisements as identified by guidelines applicable to that product, as assigned.
• Draft and file policy forms reflecting underwriting intent and consistent with regulatory requirements and current market standards for assigned lines of business, with support from Management where required.
• Establish and maintain strong relationships with internal business units, external partners (such as TPAs and MGUs), and foster teamwork across the organization.

Requirements

• Bachelor’s degree (or equivalent experience) from an accredited college or university required.
• 3 or more years of equivalent work experience in the insurance industry, ideally with direct exposure to one or more of the following A&H product lines: Travel, Ancillary Benefits, Stop Loss, Occupational Risk, Travel Medical, Special Risk, Pet, and/or Life Insurance.
• Demonstrated knowledge of insurance compliance laws and regulations.
• A&H Travel knowledge preferred.
• Proficient in Microsoft Office software, including Microsoft Word, Outlook, and Excel.
• Excellent organizational, verbal, and written communication as well as interpersonal skills.
• Flexible and open to an ever-changing, fast-paced environment, based on the value of the business to the Division and direction of Manager.
• Ability to work independently, prioritize and organize own work to meet deadlines.
• Meticulous with a high degree of accuracy and ability to multitask.
• Strong research, decision-making, and analytical skills.

Qualifications

• None specified

Skills

• Knowledge of insurance compliance laws and regulations.
• Microsoft Office proficiency (Word, Outlook, Excel).
• Excellent organizational, verbal, and written communication skills.
• Interpersonal skills.
• Flexibility and adaptability to a fast-paced environment.
• Research, decision-making, and analytical skills.

Benefits

Generous 401K employer match
Employee Stock Purchase plan with employer matching
Generous Paid Time Off
Excellent benefits that go beyond health, dental & vision.

Pay

The annualized base pay for the advertised position, located in the specified area, ranges from a minimum of $53,200.00 to a maximum of $100,000.00. The actual compensation is determined by various factors, including but not limited to the market pay for the jobs at each level, the responsibilities and skills required for each job, and the employee’s contribution (performance) in that role.

Schedule

N/A