The Director, Compliance (“Director”) is responsible for ensuring an effective compliance function is in place and provides a framework and team structure that supports regulatory compliance in the US across underwriting, claims and corporate disciplines as Coverys grows in size and complexity. The Director leads on, and coordinates, all US compliance functions under the supervision of the Senior Vice-President & General Counsel, and leadership of the Medical Professional Mutual Insurance Company (“MPMIC”) Audit Committee and promotes an awareness and understanding of positive ethical and conduct principles consistent with the mission of Coverys. The Director works collaboratively with all departments and senior leadership to achieve company-wide objectives in areas of planning, implementing and evaluating the US Compliance Program, along with building and maintaining positive and productive relationships with the Business and other lines of defense functions.

Essential Duties & Responsibilities

Develops, directs and maintains responsibility for the Coverys US compliance function and business ethics related to standards of conduct.

Reviews the content and performance of the US Compliance Program, including compliance policies and procedures, and the US Code of Conduct and Ethics on a routine basis and takes appropriate steps to ensure its effectiveness to prevent, detect and correct illegal, unethical, or improper conduct within the company along with ensuring all business units are in compliance with federal, state, and local insurance regulatory requirements, including those of applicable regulatory authorities.

Prepares an annual Compliance Plan carefully charting the course of the function for the next year based on past internal “breaches”, current high-risk areas and emerging regulatory issues affecting the Business and Operations.

Oversees the development and operation of compliance monitoring and auditing (i.e., compliance assurance program) in the US.

Manages investigations of alleged violations of the Code of Conduct as pertain to insurance regulatory issues in consultation with the Senior Vice President & General Counsel and/or designated outside legal counsel and takes appropriate corrective action.

Oversees operation of the organization’s US compliance hotline/website and the response to compliance inquiries and reports; coordinates and prioritizes reports of compliance violations or issues and leads and/or participates in the investigation and resolution of suspected compliance violations utilizing department personnel, Human Resources and/or internal or outside legal counsel as appropriate.

Oversees the development, implementation and maintenance of an effective compliance communication and training program for the US enterprise, subsidiaries and certain affiliate entities.

Provides real-time guidance to business units and subsidiaries related to potential compliance issues.

Advises management and affected company business areas on new and forthcoming regulatory and compliance legislation.

Effectively translates regulatory guidance into operational processes to ensure compliance, with appropriate urgency.

Serves as Chair of the US Compliance Committee and keeps senior management informed on the operation and progress of the organization’s US compliance efforts.

Prepares compliance reports for presentation to the Compliance Committee, executive leadership and the Audit Committee.

Provides day to day management of the Compliance Department (directly and through subordinate managers) including developing and managing the Department’s budget.

Recruits, manages, develops and retains the necessary resources to successfully perform the US Compliance function.

Liaises with Coverys’ UK and Ireland Compliance Functions to remain abreast of contagion risk in the global regulatory space and to share compliance and regulatory best practices.

Provides consultative services, evaluates compliance needs and makes compliance and regulatory recommendations for new entities resulting from M&A activity.

In collaboration with the Senior Vice President & General Counsel and the ERM Committee, monitors and coordinates the US Compliance Program in relation to company-wide ERM policy and initiatives.

Ensures Coverys defines and acts within defined regulatory risk appetite.

Maintains a strong awareness of laws and regulations while keeping abreast of emerging regulatory issues and trends that may affect the US Compliance Program. Informs management and employees regarding compliance matters through personal initiatives, seminars, training programs, and peer contact.

Coordinates and facilitates the cyclical and special regulatory examinations for Coverys’ US companies.

Leads on US insurance department market conduct examinations.

Liaises regularly with the Enterprise Risk Management and Internal Audit Functions.

Performs special projects and other duties as assigned.

Education, Requirements & Competencies

Bachelor’s degree from four-year college or university required; juris doctor degree preferred.

Minimum seven (7) years’ Compliance experience, with at least five (5) years in an insurance (highly preferred) or other financial services setting.

Strong organizational skills with a demonstrated track record of concurrently managing multiple key projects with competing deadlines.

Excellent verbal and written communication skills, including the ability to deliver effective presentations to all audiences, including executive leadership and the Board and its Committees.

Strong leadership skills with the ability to build relationships across organizational levels and cultures, and to influence others without direct authority.

Ability to make decisions with significant, broad implications for the management and operations of a major department or multiple departments.

The Director, Compliance (“Director”) is responsible for ensuring an effective compliance function is in place and provides a framework and team structure that supports regulatory compliance in the US across underwriting, claims and corporate disciplines as Coverys grows in size and complexity. The Director leads on, and coordinates, all US compliance functions under the supervision of the Senior Vice-President & General Counsel, and leadership of the Medical Professional Mutual Insurance Company (“MPMIC”) Audit Committee and promotes an awareness and understanding of positive ethical and conduct principles consistent with the mission of Coverys. The Director works collaboratively with all departments and senior leadership to achieve company-wide objectives in areas of planning, implementing and evaluating the US Compliance Program, along with building and maintaining positive and productive relationships with the Business and other lines of defense functions.

Essential Duties & Responsibilities

Develops, directs and maintains responsibility for the Coverys US compliance function and business ethics related to standards of conduct.

Reviews the content and performance of the US Compliance Program, including compliance policies and procedures, and the US Code of Conduct and Ethics on a routine basis and takes appropriate steps to ensure its effectiveness to prevent, detect and correct illegal, unethical, or improper conduct within the company along with ensuring all business units are in compliance with federal, state, and local insurance regulatory requirements, including those of applicable regulatory authorities.

Prepares an annual Compliance Plan carefully charting the course of the function for the next year based on past internal “breaches”, current high-risk areas and emerging regulatory issues affecting the Business and Operations.

Oversees the development and operation of compliance monitoring and auditing (i.e., compliance assurance program) in the US.

Manages investigations of alleged violations of the Code of Conduct as pertain to insurance regulatory issues in consultation with the Senior Vice President & General Counsel and/or designated outside legal counsel and takes appropriate corrective action.

Oversees operation of the organization’s US compliance hotline/website and the response to compliance inquiries and reports; coordinates and prioritizes reports of compliance violations or issues and leads and/or participates in the investigation and resolution of suspected compliance violations utilizing department personnel, Human Resources and/or internal or outside legal counsel as appropriate.

Oversees the development, implementation and maintenance of an effective compliance communication and training program for the US enterprise, subsidiaries and certain affiliate entities.

Provides real-time guidance to business units and subsidiaries related to potential compliance issues.

Advises management and affected company business areas on new and forthcoming regulatory and compliance legislation.

Effectively translates regulatory guidance into operational processes to ensure compliance, with appropriate urgency.

Serves as Chair of the US Compliance Committee and keeps senior management informed on the operation and progress of the organization’s US compliance efforts.

Prepares compliance reports for presentation to the Compliance Committee, executive leadership and the Audit Committee.

Provides day to day management of the Compliance Department (directly and through subordinate managers) including developing and managing the Department’s budget.

Recruits, manages, develops and retains the necessary resources to successfully perform the US Compliance function.

Liaises with Coverys’ UK and Ireland Compliance Functions to remain abreast of contagion risk in the global regulatory space and to share compliance and regulatory best practices.

Provides consultative services, evaluates compliance needs and makes compliance and regulatory recommendations for new entities resulting from M&A activity.

In collaboration with the Senior Vice President & General Counsel and the ERM Committee, monitors and coordinates the US Compliance Program in relation to company-wide ERM policy and initiatives.

Ensures Coverys defines and acts within defined regulatory risk appetite.

Maintains a strong awareness of laws and regulations while keeping abreast of emerging regulatory issues and trends that may affect the US Compliance Program. Informs management and employees regarding compliance matters through personal initiatives, seminars, training programs, and peer contact.

Coordinates and facilitates the cyclical and special regulatory examinations for Coverys’ US companies.

Leads on US insurance department market conduct examinations.

Liaises regularly with the Enterprise Risk Management and Internal Audit Functions.

Performs special projects and other duties as assigned.

Education, Requirements & Competencies

Bachelor’s degree from four-year college or university required; juris doctor degree preferred.

Minimum seven (7) years’ Compliance experience, with at least five (5) years in an insurance (highly preferred) or other financial services setting.

Strong organizational skills with a demonstrated track record of concurrently managing multiple key projects with competing deadlines.

Excellent verbal and written communication skills, including the ability to deliver effective presentations to all audiences, including executive leadership and the Board and its Committees.

Strong leadership skills with the ability to build relationships across organizational levels and cultures, and to influence others without direct authority.

Ability to make decisions with significant, broad implications for the management and operations of a major department or multiple departments.

Are you passionate about providing exceptional service and have a knack for being super organized? Join MGIS, a leading national insurance program manager specializing in disability and life insurance for medical professionals, as an New Business Specialist. In this implementation role, you will be integral to the client’s first impression of MGIS.

About Us: Headquartered in Salt Lake City, UT, MGIS partners with highly-rated insurers to offer specialized insurance programs for doctors. With a reputation for excellence, we’ve been recognized as one of the Best Places to Work in Insurance for 13 years by Business Insurance Magazine and Best Companies Group. Our focus on innovation and superior service sets us apart in the industry.

As a key member of our team, you’ll play a vital role in building strong relationships with brokers, partners, and clients. You’ll lead client and broker interactions through video calls, ensure accuracy in plan details, and manage the coordination of enrollment materials. Your responsibilities will include verifying and obtaining necessary documents, overseeing accurate contract issuance, and ensuring smooth plan setup and billing coordination. By delivering a stellar implementation experience, you will help provide an exceptional start for our new clients, ensuring their satisfaction and success from day one.

Why MGIS? Join a company that values its employees and fosters a supportive, innovative, and rewarding work environment. Be a part of a team that makes a difference in the lives of medical professionals nationwide.

Apply Now! If you are ready to take the next step in your career and meet the qualifications, we want to hear from you. Apply today to become an Account Manager at MGIS and contribute to our continued success in the insurance industry. MGIS is an Equal Opportunity Employer. Reasonable accommodations will be made to enable individuals with disabilities to perform essential functions.

Qualifications:
• Life and Health License (or obtain within 1 year)
• 5+ years of relevant experience
• Strong organizational, and presentation skills
• Leadership, teamwork, and interactive communication abilities
Skills and Competencies:
• Customer-focused, self-motivated, adaptable, and detail-oriented
• Strong analytical and reasoning abilities
• High integrity and respect for others
• Competency in Excel, Word, DocuSign, and similar programs
Join one of the insurance industry’s Best Places to Work and create unparalleled customer experiences while enjoying a positive and dynamic work environment. Apply today!

Apply Here: https://www.click2apply.net/o1Z1RDUdA7GJntYGOfl4Gp

PI253625369

Modern Woodmen of America is looking for a detail oriented and analytical individual to support our Compliance Manager in ensuring that the organization adheres to all regulatory requirements and internal policies and carries out appropriate risk management. The Compliance Associate position is designed as a deputy role, providing the necessary training and experience for the Compliance Associate to assume a future leadership role in the department, if warranted. The successful candidate will receive mentorship and training from the Compliance Manager and other compliance related professionals.
Modern Woodmen of America is the nation’s third largest fraternal benefit society with assets over $17B. Fraternal benefit societies are unique membership organizations with peculiar names that pair the “member owned” characteristic of a mutual insurance company with the “social mission” characteristic of a service organization. They unite individuals with common bonds, provide a variety of life insurance and investment products, and form one of the nation’s most effective volunteer networks.
Responsibilities:
• Assist the Compliance Manager with the development, implementation, administration, and maintenance of Modern Woodmen’s compliance programs and initiatives.
• Support the creation of internal policies and procedures to ensure they comply with regulatory requirements.
• Collaborate with various departments to ensure compliance with internal policies and external regulations.
• Work cross-functionally to assist in development and implementation of compliance strategies that align with Modern Woodmen’s business strategy and goals.
• Aid in the investigation, resolution, and reporting of compliance issues, including privacy, fraud, and suspicious activity matters, and complaints, including escalated member and field representative concerns.
• Manage the workflow and communication with state insurance department examiners during market conduct and regulatory compliance exams.
• Oversee the preparation and submission of regulatory filings and reports.
• Monitor advertising and social media review for home office and field created materials and posts.
• Closely contribute to the development of compliance-related communications and training materials.
• Maintain up-to-date knowledge of regulatory changes and industry best practices.
• Participate in project teams as assigned.
• Perform other duties as requested.
What we need:
• Bachelor’s degree in law, business administration, finance, or a related field preferred. Equivalent combination of education, training, and experience will be considered.
• 5 years of experience in a compliance role within the life insurance or financial services industry preferred. Similar experience in an advisory, compliance, or legal services role or related field will be considered.
• Professional compliance certifications preferred (e.g., LOMA Fellowship, AIRC designation, FINRA SIE, Series 6 & 26), or must be obtained within 3 years. Additional relevant certifications may be expected based on needs of the business.
• Strong understanding of regulatory requirements and compliance best practices and their importance.
• Ability to read, analyze, and interpret regulatory prose as well as general business protocols.
• Excellent analytical, reasoning, and proven problem-solving skills.
• Strong written and verbal communication skills.
• Ability to work independently and as part of a team.
• High level of integrity and attention to detail.
What we offer:
• Pay: The annual salary range for this position is $60,000-$75,000. The specific rate will depend on the successful candidate’s qualifications and prior experience. We will consider candidates outside this range who have extensive compliance experience.
• Work Arrangements: This is a full-time office focused position: 37.5 hours per week (7.5 hours per day), Monday- Friday, with flexible start time between 7:00AM-9:00AM. Office focused positions work on-site due to the nature of the work and have limited remote days.
• Stability: Modern Woodmen has been Modern Since 1883SM and exists for our members. We make long-term decisions that provide stability to our employees, financial representatives, and members.
• Respect for Personal Time: We offer vacation, sick leave and 11 paid holidays. We value your time outside of work and offer careers that blend work and life well.
• Professional Growth: Benefit from our commitment to employee development which includes educational offerings to enhance your knowledge of our industry.
• Great Culture: We build strong working relationships across our organization through collaborative work and volunteer opportunities.
• A Beautiful Office: Enjoy a beautiful view! Our home office, located in downtown Rock Island, IL, has a lovely plaza overlooking the Mississippi River.
• On-site café: Our employees can purchase a variety of breakfast, lunch, and beverage options at Café 1883.
• A Thriving Local Community: Not from the Quad Cities and hesitant to consider relocation? Give it some thought. The Quad Cities offers an idyllic Midwestern lifestyle along the mighty Mississippi and consistently ranks at the top of the list for quality of life and cost of living. It’s home to more than our share of artists, festivals, and fun in every season.
• Exceptional Benefits: Our comprehensive benefits package is designed to support your health and financial well-being. Benefits include:
• Company-paid retirement plan
• Matching 401(k) Plan
• Medical, Dental, Prescription drug Insurance. We pay 100% of employee health insurance premium and 50% of employee dependents’ premiums.
• Group Term Life Insurance
• Long-term and short-term disability.
• Voluntary benefits: Vision, Flexible Savings Accounts, Accident Insurance
Modern Woodmen is an equal opportunity employer. Modern Woodmen is committed to providing a respectful environment where each person’s diverse opinions, attitudes, attributes, and feelings are respected.

At Polsinelli, What a Law Firm Should Be, is not just our tagline, it is what we live every day. We strive to create an environment where our team members are encouraged to bring their creativity and professional passions into the workplace so that they can thrive. Are you a people person who has a keen eye for detail, thrives in a professional environment and wants to be part of a dynamic team? We have the perfect role for an engaging professional like you! Polsinelli PC is looking for a Corporate Paralegal to assist its Insurance Business & Regulatory Law practice group in the Kansas City office. This is a hybrid work schedule role.

CORE RESPONSIBILITIES

– Assist with insurance application and renewal filings, i.e. licensure and renewals for insurance agents and agencies, third party administrators, entity adjusting firms and individual adjusters, managing general agents, medical discount plans, etc.
– Assist with insurance related filings for insurance companies, including preparation of Form A statements, Form B, C and D filings, insurance company expansion applications, corporate amendments (name changes, consolidations, mergers, acquisitions and sale of companies, etc.), and other statutorily required filings
– Research and analyze state insurance laws and regulations for insurance companies, agencies, agents, third party administrators, managing general agents, medical discount plan organizations and other regulated entities
– Review, analyze and summarize regulatory documents
– Stay informed of state filing requirements and update internal resources
– Assist with drafting and preparation of firm audit letter responses
– Draft and file documents under attorney supervision with local, state, and federal agencies including but not limited to standard corporate formation, amendment and dissolution documents, name reservations, annual reports, stock certificates, and operating and merger agreements
– Support and maintain large number national and international business entities across multiple clients, including maintenance of minute books, management of all required annual filings, observation of corporate formalities/minutes, maintenance of ownership ledgers, preparation of stock certificates, etc.
– Execute on the minute details of a project or task, in addition to providing alternative options/solutions to best serve internal and external clients
– Research and execute on necessary procedures to meet client requests
– Effectively set priorities, provide timely updates, meet deadlines, and manage multiple projects
– Remain proficient in Microsoft Suite/Outlook, Intapp, iManage, and other programs used in practice area
– Meticulous time recording skills to accurately bill clients
– Employees approved for flexible work arrangements are expected to be available and maintain a practice of reliable, consistent attendance during the employees scheduled work shift including, but not limited to Zoom chat, email, voicemail, and phone
Computer Applications Used

Legal applications (Westlaw, LexisNexis, NILS, NAIC, NIPR, Sircon and state proprietary applications)

– Microsoft Office Suite including Outlook, Word, Excel and PowerPoint
– Kofax
– iManage

Requirements:

– Paralegal Certificate or related degree preferred
– 1 plus years in corporate transactional or insurance regulatory experience preferred
– Billable requirement: 1600 hours per year
– Hybrid 2 days remote/3 days in office after initial onboarding
– Start time for this role will be either 8:30 a.m. or 9:00 a.m. (Work day hours Monday to Thursday 7.75 hours and Friday 7.5 hours plus overtime when necessary.)

Polsinelli PC is an Equal Opportunity Employer and all qualified applicants will receive consideration for employment without regard to gender identity and expression, race, color, religion, sex, national origin, sexual orientation, age, disability, ancestry, marital status, military or veteran status, or any other characteristic protected by law.

Job Posting Title: Senior Director Compliance – Luminare Health
Reports to: Vice President & Associate General Counsel, Luminare Health

Job Description Summary:
This position requires a combination of management, consultative and technical skills. The position needs to possess a strong drive for results and must provide leadership for a dedicated team of Compliance professional that support the businesses and multiple functions, in addition to developing trusted and effective working relationships with employees at all levels including executive leaders.

Job Responsibilities:
Team Management
· Lead team of Compliance professionals that are responsible for serving one or more operational functions, including regulatory change management, licensing ( TPA, UR, and Agent/Agency licensing), regulatory complaints, general inquiries, and product development.
· Responsible for handling or overseeing complex compliance projects and collaborating and providing guidance and input on business projects.
· Support collaboration and promote a positive team environment.
· Set, report, and manage to meaningful performance metrics.
· Manage and prioritize team workflow to ensure business goals are attained.
· Regularly coach and mentor team members and provide meaningful feedback.

Product Development, Legislation Implementation, General Inquiries, Research and Other Projects
· Work with business and external vendors to draft benefit plan document provisions to accommodate new business objectives and compliance with applicable laws and regulations.
· Collaborate with legal and business on final draft.
· Review assigned legislation/regulation and determine impact to the business within requisite timeframes.
· Create new agenda in Compliance Committee TEAMS channel and update agenda following weekly Compliance Committee meeting. Participate in such weekly meetings and present the requirements of assigned legislation/regulation and answer questions.
· Create business-friendly articles on legislation/regulation and update research charts.
· Review and respond to general inquiries from the business within the agreed upon completion date.
· Provide an easily understandable response to general inquiries, which includes options and potential risk for business when appropriate.
· Assist in completion of assigned projects, including but not limited to regulatory research, which meet business area objectives.

Business Consulting
· Fully understand the business needs behind research requests and ensure that research is practical and relevant to business.
· Develop successful relationships with business leaders.
· Work with the business to develop communication processes that allow for immediate and effective communication.
· Maintain current knowledge of employee benefits and insurance laws and regulations.
· Consult with the appropriate attorney as needed to resolve difficult legal/compliance issues.
· Develop and maintain policy and procedures documentation.
· Identify gaps in compliance and provide fixes to ensure business remains in compliance.
· Strategically plan compliance activity around new business initiatives for successful business launch.
· Focus on continuous improvement and look for ways to increase effectiveness of team.

Required Job Qualifications:
· Bachelor’s Degree and a minimum 7 years of work experience with group health insurance and/or ERISA self-funded group medical benefit laws and regulations, and drafting group policy/plan document provisions.
· 5 years of demonstrated team leadership experience, including providing coaching, mentoring, and training to staff.
· In depth understanding of key business drivers.
· Proven ability to build relationships, foster a collaborative atmosphere and represent the Compliance Department at the most senior levels of the Company.
· Significant knowledge and experience of insurance regulatory environment.
· Strong process improvement skills.
· Exceptional verbal and written communication skills.
· Ability to learn quickly while operating in a self-directed environment.

Preferred Job Qualifications:
· Law degree preferred, but not required.
· Knowledge of individual insurance preferred, but not required.

Job Posting Title: Senior Director Compliance – Luminare Health
Reports to: Vice President & Associate General Counsel, Luminare Health

Job Description Summary:
This position requires a combination of management, consultative and technical skills. The position needs to possess a strong drive for results and must provide leadership for a dedicated team of Compliance professional that support the businesses and multiple functions, in addition to developing trusted and effective working relationships with employees at all levels including executive leaders.

Job Responsibilities:
Team Management
· Lead team of Compliance professionals that are responsible for serving one or more operational functions, including regulatory change management, licensing ( TPA, UR, and Agent/Agency licensing), regulatory complaints, general inquiries, and product development.
· Responsible for handling or overseeing complex compliance projects and collaborating and providing guidance and input on business projects.
· Support collaboration and promote a positive team environment.
· Set, report, and manage to meaningful performance metrics.
· Manage and prioritize team workflow to ensure business goals are attained.
· Regularly coach and mentor team members and provide meaningful feedback.

Product Development, Legislation Implementation, General Inquiries, Research and Other Projects
· Work with business and external vendors to draft benefit plan document provisions to accommodate new business objectives and compliance with applicable laws and regulations.
· Collaborate with legal and business on final draft.
· Review assigned legislation/regulation and determine impact to the business within requisite timeframes.
· Create new agenda in Compliance Committee TEAMS channel and update agenda following weekly Compliance Committee meeting. Participate in such weekly meetings and present the requirements of assigned legislation/regulation and answer questions.
· Create business-friendly articles on legislation/regulation and update research charts.
· Review and respond to general inquiries from the business within the agreed upon completion date.
· Provide an easily understandable response to general inquiries, which includes options and potential risk for business when appropriate.
· Assist in completion of assigned projects, including but not limited to regulatory research, which meet business area objectives.

Business Consulting
· Fully understand the business needs behind research requests and ensure that research is practical and relevant to business.
· Develop successful relationships with business leaders.
· Work with the business to develop communication processes that allow for immediate and effective communication.
· Maintain current knowledge of employee benefits and insurance laws and regulations.
· Consult with the appropriate attorney as needed to resolve difficult legal/compliance issues.
· Develop and maintain policy and procedures documentation.
· Identify gaps in compliance and provide fixes to ensure business remains in compliance.
· Strategically plan compliance activity around new business initiatives for successful business launch.
· Focus on continuous improvement and look for ways to increase effectiveness of team.

Required Job Qualifications:
· Bachelor’s Degree and a minimum 7 years of work experience with group health insurance and/or ERISA self-funded group medical benefit laws and regulations, and drafting group policy/plan document provisions.
· 5 years of demonstrated team leadership experience, including providing coaching, mentoring, and training to staff.
· In depth understanding of key business drivers.
· Proven ability to build relationships, foster a collaborative atmosphere and represent the Compliance Department at the most senior levels of the Company.
· Significant knowledge and experience of insurance regulatory environment.
· Strong process improvement skills.
· Exceptional verbal and written communication skills.
· Ability to learn quickly while operating in a self-directed environment.

Preferred Job Qualifications:
· Law degree preferred, but not required.
· Knowledge of individual insurance preferred, but not required.

Reporting to the Compliance Manager, this position is responsible for ensuring MEM operates in compliance with applicable insurance laws and regulations in the states we do business in. Regulatory Monitoring and Support

Coordinate and submit all state regulatory filings as needed, including, but not limited to, annual rate, rule and form filings, business entity filings with the Secretary of State, NAIC license/expansion filings, biographical affidavits for directors and officers, and corporate governance annual disclosures.
Prepare or facilitate responses to regulator inquiries and objections to filings.
Draft and edit policy forms, endorsements, notices and related correspondence for regulatory filing and approval.
Monitor and communicate status of filings to internal business partners.
Collaborate with internal departments to develop, implement, and maintain regulatory compliance policies and procedures.
Serve on the Compliance Committee. Ensure the Committee regularly updates and maintains compliance with the Compliance Calendar.
Ensure legal and regulatory changes are monitored and any business impacts are understood so system and other operational changes can be implemented to maintain compliance.
Provide compliance research and support to MEM for various regulatory jurisdictions as required.
Respond to or coordinate responses to regulatory inquiries as required, such as complaints and market conduct inquiries. Maintain required logs and documentation.
Maintain relationships with associations or industry groups to stay abreast of regulatory requirements and industry compliance trends.
Serve on the Emerging Risks Team to identify and mitigate new and emerging risks.

Regulatory Audit and Compliance

Conduct risk assessments to evaluate product, compliance, or operational risks, providing assistance to the Compliance manager in developing risk management strategies.
Conduct regular compliance audits and risk assessments, as designated by the portfolio of audit assignments, to identify potential regulatory issues. Resolve issues arising from audits and refer serious or contentious issues to the Compliance Manager.
Working with the Compliance Manager, develop and implement corrective action plans to address any compliance deficiencies.
Work with IT in the development of compliance training and education for MEM employees related to data security.
Coordinate an annual data security breach exercise with the Data Security Incident Response Team and other relevant stakeholders to drive readiness.

QUALIFICATIONS:

Education:

A bachelor’s degree in business administration, finance or a related field is preferred, not required. Advanced degree a plus.

The Senior Compliance Analyst will coordinate, perform and/or oversee state policy and rate filing activities and ensure company’s compliance with state regulations. Responsible for monitoring state policy form and rate regulations, and communicating with business partners to recommend and implement procedural changes across the organization to ensure business operations comply with changing requirements. React to Department of Insurance directives concerning change to rules and regulations to determine impact on Arch products. Oversee Global Services team on related functions.

Responsibilities:

Oversee and file with state insurance regulators forms, rates and rules developed by Product Development and Underwriting utilizing the Filing Ramp software application.
Develop filing strategies to further the most efficient admitted project implementation.
Drive the filing and objection process through the life cycle of the Speed to Market opportunity.
Coordinate, perform and/or oversee state filings activities for independent insurance products in all states for professional and financial lines products including but not limited to professional liability, management liability, directors and officers, cyber and other specialty admitted insurance products written on a property and casualty basis.
Work closely with other departments (underwriting, actuarial, IT, product development) to monitor and communicate filing methods and procedures to ensure rate and form filings in use are accurate and current.
Oversee and coordinate process for responding to state objections. Oversee needs for extensions, resubmissions, withdrawals with considerations of individual states’ restrictions and deadlines.
Respond to state objections by drafting endorsements and working closely with Product Development.
Work with state regulators to ensure product compliance in order to gain approval.
Coordinate and document all activities surrounding the filing, approval, disapproval of all filings with state insurance departments.

Required Knowledge, Skills and Abilities:

Advanced knowledge of professional liability and management liability lines.
Experience providing regulatory compliance support for commercial products.
Advanced working knowledge of insurance principles procedures and best practices, commercial lines rating methodologies, state insurance regulation and filing requirements.
Advanced knowledge rate and forms filing procedures and compliance with laws, regulations, or standards.
Ability to interpret relevant industry trends and information within the industry and react in alignment with company strategic objectives.
Ability to effectively communicate ideas, issues and solutions to diverse audience in writing and orally.
Demonstrates high level of organizational skills and attention to detail.
Intermediate computer skills, and knowledge of and ability to use standard industry programs and websites.
5+ years of experience in the insurance regulatory / state filings field.