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Sr Compliance Analyst

WoodmenLife

WoodmenLife Home Office, 1700 Farnam Street, Omaha, Nebraska, United States of AmericaRemote11 months ago
52 views22 saves0 applies

Benefits

Remote WorkDental & Vision401kRetirement Plan

Job Type

full time

Description

WoodmenLife is looking for a Sr Compliance Analyst to join our team!
We are currently searching for a Sr Compliance Analyst to join our team. The Sr Compliance Analyst supports the Product Compliance team in the drafting, filing and implementation of new products and forms. They will monitor and research industry and regulatory changes to ensure compliance with state laws and regulations.

This position is eligible to be in-office, hybrid, or possibly fully remote.

WoodmenLife is one of the best places to work in Omaha with over 130 years of service. As a member of the WoodmenLife family, you’re joining others who share your commitment to family, community and country. Through WoodmenLife, you’ll have opportunities to give back locally and honor those who make an impact. As a not-for-profit life insurance company, we’ve been helping to protect the financial future of families, making a difference in hometowns across America since 1890. We offer a variety of benefits ranging from health, dental, vision, 401K, life insurance and much more. Apply today to learn more!


We are looking for someone to:

  • Contributes to the timely development of new products through involvement in drafting new or revised contract forms.
  • Prepares, submits and negotiates timely approvals of insurance contracts, related forms and advertising with the insurance compact and state insurance departments.
  • Implements new or revised forms and related Organization procedures, including requirements gathering and UAT testing.
  • Monitors compliance and supports the Chief Compliance Officer on research and analysis with ever-changing state and federal laws, regulations, and case law impacting the compliance function, including the organization’s suite of products.
  • Assists in the administration and operation of WoodmenLife’s Compliance Program.
  • Reviews advertising to ensure continued compliance with regulatory requirements.
  • Audits new business and recently settled business.
  • Accurate and timely periodic reporting completed within state deadlines.
  • Maintains accurate state required documentation for market conduct exams by state insurance departments, including advertising file and solicitation file.
  • Maintains tracking lists (i.e., variations lists, approval lists, disclosure requirements).
  • Training of other department associates as requested by supervisor.
  • Develops a network of industry and state insurance department contacts to assist with product development and form approval issues.
  • Contributes towards the overall goals of the Legal and Compliance Division.
  • Meets expectations for attendance and punctuality in accordance with the expectations established by your supervisor and WoodmenLife policy.
  • Performs other duties as assigned by management.

We need someone who has:
Minimum Qualifications:

  • Bachelor’s degree or equivalent experience and 7-10 years in insurance product compliance.
  • Ability to independently work on complex projects involving the creation, drafting, and filing of insurance products. Capability to interface directly with regulators to achieve approvals for WoodmenLife’s products, including applications, contract forms, endorsements, amendments, advertising, and any other filed materials.
  • Ability to work independently on multiple long-term projects to meet various deadlines established with other affected Organization departments or mandated by state insurance departments.
  • In-depth knowledge of insurance products, application forms and sales processes.
  • Ability to work effectively with associates at varying levels of responsibility, from entry level clerks to Organization’s Executive Officers.
  • Ability to monitor, research, analyze, and understand current and proposed state laws/regulations to determine extent of effects of changing contract language, i.e. affected departments, risks accepted by the Organization, changes in Organization procedures, changes in systems, changes in benefits provided to members, etc.
  • Ability to conduct research on topics relating to products or processes associated with position.
  • Experience with Microsoft Word, SERFF, SERFF Access, Westlaw Legal Service (or equivalent legal service), Adobe Acrobat Pro, and Internet research methods.
  • Excellent attention to detail.
  • Ability to analyze, interpret and clearly communicate information to others, both orally and in writing.
  • Experience in training others on complex tasks.

WoodmenLife offers a competitive compensation package and a comprehensive benefits package. More information about our benefits can be found at https://www.woodmenlife.org/careers/home-office/benefits/.

As part of WoodmenLife’s employment process, candidates will be required to complete a criminal background check, credit check (where required for position), Fingerprint check (where required for position), drug screen and reference checks. Any offer of employment will be contingent upon successfully passing the above.

WoodmenLife is welcoming to all regardless of background and beliefs. WoodmenLife respects every associate’s unique perspective and contribution. We are committed to creating an environment that values differences, and creates opportunities for growth, leadership and service. This commitment includes providing equal opportunity in recruitment, employment and promotion, training and community outreach. WoodmenLife is also dedicated to strengthening the communities in which its employees live.

APPLICANTS WITH DISABILITIES SHOULD ADVISE THE HUMAN RESOURCES DEPARTMENT AT THE TIME OF APPLICATION IF SPECIAL ACCOMMODATIONS ARE NEEDED.
Woodmen of the World Life Insurance Society (WoodmenLife) is an equal opportunity employer.

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Skills

requirements gathering

About WoodmenLife

WoodmenLife is a financial services organization headquartered in Omaha, Nebraska, United States. It operates in the insurance and financial services sector, providing products such as life insurance and annuities. The company has a home office located at 1700 Farnam Street, Omaha.

large companyinsurance, finance