Compliance Specialist

About the role

The Compliance Specialist will focus on privacy issues while also supporting compliance efforts generally, with a growing focus on the Company’s new products and new third party administrator duties.

Key Responsibilities

• Support the Company’s compliance efforts, with a focus on privacy and new product compliance.
• Have an understanding of GLBA, HIPAA, FCRA, and similar laws, with capability to conduct research and determine applicable and pertinent laws, statutes, and regulations.
• Conduct a thorough investigation to uncover the facts and circumstances surrounding any potential breach of privacy.
• Research HIPAA breach reporting requirements, state breach notification laws, and information security standards to ensure regulatory compliance.
• Ensure effective maintenance and implementation of the Company’s and partners’ privacy notices and oversee the implementation of new or revised notices.
• Collaborate with internal teams to ensure new products are designed to comply with regulatory standards.
• Attend product design, development, and implementation meetings.
• Assist with identifying and implementing updates to legal and compliance policies and procedures that are impacted by new products.
• Research and analyze state specific regulations and legislation impacting the Company.
• Assist with insurance producer compliance issues.
• Proactively conduct research on emerging legal issues to provide legal and compliance support to business teams.
• Manage execution of legal and compliance support for the onboarding of new third party administrator clients to help ensure that legal and compliance obligations to clients and regulatory reporting are identified and implemented.
• Generally support Company-wide compliance efforts.

Qualifications

• Bachelor’s degree or equivalent years of education and experience required; or equivalent years of experience.
• 5+ years of insurance privacy experience and legal research experience in a compliance role.
• Strong understanding of insurance principles, products (life, LTC), and regulatory environment.
• Excellent analytical, problem-solving, and project management skills.
• Effective communication and presentation abilities, with the capacity to explain complex concepts to varied audiences.
• Ability to work collaboratively in a fast-paced, team-oriented environment.

Why Join Us?

• Competitive salary and benefits, including 401(k), health insurance, and performance based bonuses.
• Collaborative and fast-paced work environment.
• Professional development and growth opportunities within the finance and investment space.

Benefits

• Competitive Salary & Target Bonus Program
• Retail Savings – 401(k) with a company match
• Comprehensive Medical insurance through BlueCross BlueShield of Texas. Company paid dental, vision, short-term & long-term disability, and life insurance.
• Work-Life Balance – This role offers 20+ days of PTO, 10 paid holidays, and paid volunteer time off.
• Flexible Work Options & Perks – Hybrid opportunity, wellness programs, and weekly paid lunch for onsite staff.
• Health Savings Accounts (HSA) & Flexible Spending Accounts (FSAs) – Includes a company match for HSAs.