Product Compliance Analyst II
Source: Himalayas
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This role involves ensuring insurance products and policy forms comply with legal and regulatory requirements by collaborating with various internal teams and external agencies. It's an interesting opportunity to be a subject matter expert and influence product development within the insurance industry.
Job Description
The Product Compliance Analyst II works closely with Product Development, Legal, Operations, and external regulatory agencies to support compliant insurance products, policy forms, and related materials.RequirementsDraft and develop insurance contracts and policy forms in accordance with product specifications and applicable legal and regulatory requirements.Coordinate with state insurance departments and other regulatory agencies to support form filing approvals and implementation following approval.Partner with Product Development, Legal, Internal Systems, Claims, New Business, and Insurance Administration to design compliant forms and documentation.Coordinate policy reviews, editing, finalization, and internal approval processes for assigned contracts and forms.Serve as a subject matter resource for product-related materials, including marketing content, training materials, websites, and producer communications.Draft and maintain applications, administrative forms, and service forms to support business and operational needs.Maintain, index, and manage form and product filings within internal databases and support filing process controls and continuous improvement efforts.Represent Product Compliance on cross-functional projects and ensure timely, accurate execution of compliance deliverables.Monitor and communicate regulatory and competitive developments that may impact products or the product development lifecycle.Participate in industry or trade association meetings related to product and compliance matters, as applicable.BenefitsComprehensive health, dental, and vision insuranceMental health benefits and employee assistance programPaid time offPaid parental leaveShort-term disabilityCultural observance dayContributions to healthcare accountsPension plan401(k) plan with Company matchingProHealth Rewards platform to improve wellbeing while earning cash rewardsOriginally posted on Himalayas
Full Description
The Product Compliance Analyst II works closely with Product Development, Legal, Operations, and external regulatory agencies to support compliant insurance products, policy forms, and related materials.RequirementsDraft and develop insurance contracts and policy forms in accordance with product specifications and applicable legal and regulatory requirements.Coordinate with state insurance departments and other regulatory agencies to support form filing approvals and implementation following approval.Partner with Product Development, Legal, Internal Systems, Claims, New Business, and Insurance Administration to design compliant forms and documentation.Coordinate policy reviews, editing, finalization, and internal approval processes for assigned contracts and forms.Serve as a subject matter resource for product-related materials, including marketing content, training materials, websites, and producer communications.Draft and maintain applications, administrative forms, and service forms to support business and operational needs.Maintain, index, and manage form and product filings within internal databases and support filing process controls and continuous improvement efforts.Represent Product Compliance on cross-functional projects and ensure timely, accurate execution of compliance deliverables.Monitor and communicate regulatory and competitive developments that may impact products or the product development lifecycle.Participate in industry or trade association meetings related to product and compliance matters, as applicable.BenefitsComprehensive health, dental, and vision insuranceMental health benefits and employee assistance programPaid time offPaid parental leaveShort-term disabilityCultural observance dayContributions to healthcare accountsPension plan401(k) plan with Company matchingProHealth Rewards platform to improve wellbeing while earning cash rewardsOriginally posted on Himalayas