Compliance Specialist II

AAA Life is a respected and trusted American brand that has been focusing on Life Insurance and Annuity Products since 1969. With over 1.8 million policies, we take pride in earning the trust of our policyholders who understand our promise to be there for them—and their families—when we’re needed most. By joining the AAA Life team, you are joining a company that genuinely cares about helping each other, with a devotion to protect the lives of those around us. We embrace a diverse, equitable, inclusive culture where all associates can feel a sense of belonging and use their unique talents and perspective to influence, innovate, motivate, and thrive.

About the role

Hybrid work solution.

Responsibilities

• Operate within the core values and operating principles of the Company to support the development and ongoing administration of a compliance process that allows AAA Life to sell life, accident, and health insurance products in all necessary states.
• Participate in and support corporate strategic projects.
• Provide research, support, and ongoing awareness of compliance issues that arise in project implementation.
• Prepare compliance reports for management and assist in the preparation of compliance reports for the Board of Directors.
• Research and evaluate state and federal insurance laws to implement appropriate procedures for home office, clubs, and agents to assure compliance in all states.
• Develop strategies and tools to improve compliance within the Company.
• Coordinate company efforts to maintain best practices and stay abreast of Compliance and Ethics Forum for Life Insurers (CEFLI) recommendations.
• Establish or recommend appropriate procedures for Compliance and other AAA Life departments to ensure alignment with CEFLI principles and ethics.
• Provide training and guidance to more junior staff.
• Work with policy owners and various business units to assess complex compliance issues and determine appropriate solutions.
• Draft compliance communications.
• Research and coordinate the resolution of customer complaints.
• Review marketing materials, policy forms, business communications, and business processes for compliance.
• Draft or file policy forms or advertising.
• Create compliance trainings as needed.
• Lead or assist with projects or tasks to conserve business and increase persistency.

Requirements

• Bachelor’s degree or equivalent experience required.
• Minimum of two (2) years’ experience in the Compliance, Internal Audit, or Legal Department of an insurance or financial services company.
• Completion of LOMA courses 1, 2, and 3 required within 24 months of accepting the position; AIRC designation preferred.
• Project management experience preferred.
• Strong analytical skills to review, interpret, and communicate regulatory requirements.
• Excellent written and verbal communication skills to convey regulatory information to others.

Skills

• Ability to stand, walk, sit, use hands to finger, handle, or feel, talk, hear, and concentrate.
• Specific vision abilities required include close vision, distance vision, depth perception, and the ability to adjust focus.

This job requires the ability to perform duties contained in the job description, including but not limited to the above requirements. Reasonable accommodation will be made for otherwise qualified applicants as needed.

AAA Life Insurance Company does not offer immigration sponsorship for this position, including visa types such as H-1B, TN, and STEM OPT.