Job Responsibilities:
The Director collaborates with team members in the Regulatory Compliance Department to ensure the company's products, forms, and rates comply with regulations. Responsibilities include:
- Researching state and federal laws to determine applicable standards for specific products.
- Working with product development stakeholders to draft policies and forms addressing risk management.
- Guiding the filing process for policy and supporting forms with state insurance departments.
- Reviewing sales materials and social media content for accuracy and compliance with regulations.
- Updating previously approved forms to reflect changes in laws and regulations.
- Educating home office personnel on product specifications and regulatory changes.
- Responding to inquiries from state insurance departments promptly.
- Managing the filing of required state reports.
- Coordinating with the Product Implementation Team to implement approved products.
- Assisting personnel in other departments with product-related questions.
- Supporting other company departments with research projects as needed.
Qualifications:
- 5+ years in the insurance industry, preferably in product compliance.
- Strong knowledge of life and health insurance products.
- Familiarity with SERFF filing tools and state regulators.
Education:
- LOMA Fellow (FLMI) or LOMA Associate (AIRC) designation preferred.
- Degree in risk management, financial services, or legal studies is beneficial.
Skills:
- Excellent communication skills, both written and oral.
- Proficiency in Microsoft Word, Excel, PowerPoint, and Adobe Pro.
- Attention to detail and organizational skills.
- Strong research and analytical abilities.
- Ability to manage multiple tasks while maintaining focus on strategic goals.
