Job Responsibilities:
As the Assistant Compliance Director, you will collaborate with Regulatory Compliance Department colleagues to ensure the company's products, forms, and rates comply with regulations. Your duties include:
- Researching state and federal laws to determine product standards.
- Working with stakeholders to draft policy language addressing risk management.
- Managing the filing process for product approval.
- Reviewing sales materials for accuracy and compliance.
- Updating forms to meet regulatory changes.
- Educating staff on product specifications and regulatory updates.
- Responding to inquiries from state insurance departments.
- Directing the filing of required state reports.
- Coordinating product implementation with other teams.
- Assisting other departments with research projects.
Qualifications:
- 5+ years in insurance; product compliance experience preferred.
- Understanding of life and health insurance products.
Education:
- LOMA Fellow or Associate designation preferred.
- Degree in risk management, financial services, or legal studies beneficial.
Skills:
- Strong communication skills.
- Proficiency in Microsoft Office and Adobe Pro.
- Attention to detail.
- Research and analytical skills.
- Ability to manage multiple tasks effectively.
