What are the responsibilities and job description for the Compliance Director position at Amerilife Group, LLC?
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For over 50 years, AmeriLife has been a leader in the development, marketing and distribution of annuity, life and health insurance solutions for those planning for and living in retirement.
Associates get satisfaction from knowing they provide agents, marketers and carrier partners the support needed to succeed in a rapidly evolving industry.
Job Summary
This position will be primarily responsible for overseeing and managing AmeriLife’s health affiliates’ compliance programs to ensure these Affiliates comply with applicable laws, regulations, industry standards, and Company policies and procedures. This position will also provide guidance and advice to management and staff on compliance-related matters. This role will investigate any potential violations of applicable laws, regulations, and policies, and recommend corrective action, when needed. This role will also be expected to be well-versed in CMS rules and regulations and stay up-to-date on changes to such rules and regulations.
Job Description
Duties/Responsibilities
- Monitor and ensure Affiliate adherence to corporate policies and procedures
- Provide guidance and assist in the creation, implementation, and maintenance of compliance policies, procedures and work instructions.
- Assist in the identification, analysis, and resolution of compliance issues.
- Maintain and review regulatory documentation necessary to maintain corporate standards.
- Draft, maintain, and disseminate procedures, records, and reports, as needed.
- Develop and implement compliance policies and procedures that adhere to legal and regulatory requirements and Company standards.
- Work with internal and external partners on compliance and business initiatives.
- Serve as a regulatory subject matter expert and provide compliance guidance to business unit management and help resolve any areas of noncompliance.
- Develop risk-based reporting to help monitor compliance posture of various AmeriLife Affiliates
- Participate in compliance projects, as needed.
Qualifications
Minimum Job Requirements
- Undergraduate degree preferred or equivalent work experience
- 5 years relevant experience
- Background in the insurance industry or compliance-related position preferred
- Experience with CMS/Carrier sales requirements preferred
- Skill in using computer applications including MS Office
Knowledge, Skills, and Abilities
- Strong communication skills, both written and oral, with ability to communicate well to both senior management and sales professionals.
- Analytical skills to work through issues related to the sale of insurance products at both the retail and wholesale level.
- Ability to build business partnerships and work collaboratively with others to meet shared objectives.
- Ability to prioritize work appropriately to ensure we are focus our resources on the highest-risk matters.
- Knowledge of data analytics and management reporting.