Compliance Specialist- Associate

About the role

Independence American Insurance Co is seeking an Associate Regulatory Compliance Specialist who will report to the Director, Compliance. The Associate Regulatory Compliance Specialist is responsible for end-to-end support of the regulatory change management process, including monitoring the regulatory landscape for new and changed laws, analyzing laws, and communicating regulatory changes to applicable areas within the organization. Responsible for tracking implementation evidence of compliance related to communicated laws and supporting compliance investigations and reviews.

Job Location: Remote – USA

Responsibilities

• Facilitates review of laws, making determinations of applicability for our organizations.
• Distills and communicates law requirements to business relationship owners to ensure compliance with law, including ensuring that regulatory standards are applied to organizational policies, procedures, and/or products.
• Maintains a repository of knowledge related to regulations and regulatory changes relevant to the industry and the organization.
• Coordinates with business relationship owners and vendors to train, educate, mitigate compliance risks, and drive industry best practices.
• Contributes to monitoring and auditing workplans through work and through identification of areas of potential non-compliance; may conduct monitoring, auditing, and surveillance of operational functions, reports, and corrective actions.
• Collaborates as needed on compliance related questions, complaints, and incidents.
• Manages timelines and deliverables; coordinating and evaluating work responses; analyzes and communicates business impacts and potential risks to leadership.
• Performs other duties and responsibilities as assigned.

Requirements

• Associate’s Degree or equivalent work experience (one-year relevant experience is equivalent to one-year college).
• 1-year internal audit, legal, compliance, insurance, government program, and/or relevant experience.

Relevant experience considered would be:

• Health Insurance Compliance
• Property & Casualty Insurance Compliance
• Health Care Compliance
• Law Office Law Review
• Consulting for companies such as NILs Insource, Lexis Nexis, West Law etc.

The following experience is not translatable and would not be considered as relevant experience:

• Banking Compliance
• Higher Education Compliance
• Privacy and IT Security Compliance
• Manufacturing Compliance
• Biomedical Compliance

Schedule

This is a full-time position. Days and hours to be determined by the needs of the business and agreed upon between the employee and leader.

Benefits

• Comprehensive full medical, dental, and vision insurance.
• Basic Life Insurance at no cost to the employee.
• Company paid short-term and long-term disability.
• 12 weeks of 100% paid Parental Leave.
• Health Savings Account (HSA).
• Flexible Spending Accounts (FSA).
• Retirement savings plan.
• Personal Paid Time Off.
• Paid holidays and company-wide Wellness Day off.
• Paid time off to volunteer at nonprofit organizations.
• Pet friendly office environment.
• Commuter Benefits.
• Group Pet Insurance.
• On the job training and skills development.
• Employee Assistance Program (EAP).