Director, Product Compliance
Unum · Portland, ME · 1 wk ago
$90k–$170k/yrFull-time
About the role
Our Legal & Audit organization are seeking a Director Product Compliance. This position is a high-level management contributor responsible for ensuring that all aspects of the regulatory team are functioning at their most efficient. The role interacts with government authorities, senior company management, sales and field personnel, and related legal and technical resources within and outside the company.
Responsibilities
- Prioritize, sequence & allocate resources toward achievement of company goals, while maintaining regulatory compliance in all areas of team accountabilities.
- Maintain a high-level view of the organization and accountabilities, and drive change to support constant re-evaluation of process to effect increased efficiency.
- Manage a technical and professional staff in support of all functions of the regulatory team.
- Lead and develop a team of regulatory professionals while maintaining active involvement in complex regulatory matters, balancing strategic leadership, talent development, sound judgment, and execution of critical business initiatives.
- Foster a collaborative, inclusive, and results‑driven team environment that encourages engagement, continuous learning, knowledge sharing, and diverse perspectives.
- Partner with senior management and staff in all business areas to strategically plan and effectuate product and rate designs, development, regulatory filings/negotiations/approvals, ongoing compliance with regulatory requirements, Market Conduct exams and complaint processes, project delivery timelines, Non‑Standard process and timelines, reporting, and implementation support, while providing regulatory guidance, risk‑based recommendations, and strategic insight that support business objectives and informed decision‑making.
- Monitor and assess emerging regulatory, legislative, and industry developments, evaluating business impacts and driving strategies to ensure ongoing compliance and operational readiness.
- Represent company and team at insurance industry meetings.
- Establish productive and ongoing partnerships with business partners.
- Establish productive and ongoing partnerships with state and federal regulatory agency personnel.
- Represent regulatory team in decision‑making processes with business partners.
- Successfully manage many competing priorities with ease, including assessing risk, setting priorities, allocating resources, and guiding teams to achieve strategic and operational objectives.
Requirements
- BA or equivalent work experience.
- Extensive knowledge of the regulatory environment that governs the business.
- 8 years industry experience.
- 3 years managerial experience, including coaching, performance management, talent development and succession planning.
- 5 years of relevant multi‑line product knowledge, including a strong understanding of Life and Health insurance products, product design considerations, and regulatory requirements.
- Familiarity with systems utilized by the regulatory team.
- Strong technological skills.
- Strategic understanding of the life and health insurance marketplace.
- Excellent communication and negotiation skills.
Benefits
- Award‑winning culture.
- Inclusion and diversity as a priority.
- Performance Based Incentive Plans.
- Competitive benefits package that includes: Health, Vision, Dental, Short & Long‑Term Disability.
- Generous PTO (including paid time to volunteer!).
- Up to 9.5% 401(k) employer contribution.
- Mental health support.
- Career advancement opportunities.
- Student loan repayment options.
- Tuition reimbursement.
- Flexible work environments.
- Healthcare benefits (health, vision, dental).
- Insurance benefits (short & long‑term disability).
- Paid time off.
- 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not.
All benefits are subject to the terms and conditions of individual Plans.
Pay
$89,900.00‑$169,900.00