Compliance Analyst I

The Compliance Analyst I is responsible for form, rate and rule and filings with various state Departments of Insurance (DOIs); respond to inquiries from DOIs; negotiating and tracking filing approvals; and coordination of departmental notice upon receipt of filing approval. This individual may assist in reviewing and summarizing regulatory changes and providing inter-departmental or external notices of changes to ensure company compliance with regulatory requirements. The integral components, duties, and accountabilities of this position.

This position will report to the Compliance Manager.

• Preparation and submission of Product, form, rate, and rule filings countrywide, which includes: 
  • Compiling all required information for filing and processing the submissions with the state Department of Insurance (DOI); and 
  • Analyzing and responding to objections. 
• Monitor filing status information and disseminating/communicating necessary information to product development team; updating status reports;  
• Responsible for annual P&C and A&H state reports
• Regulatory Support – distributing Federal and State regulatory changes
• Research state requirements as needed to support state filings or other projects. 
• Communicate with internal staff, outside clients and consultants, and state DOIs. 
• Insurance Department Complaint routing, tracking, and maintenance.
• Performs other administrative duties as assigned (COA renewals; manage AP invoices)  

Education and Certifications 

• Bachelor’s degree or commensurate experience needed 
• Minimum of 2 years of insurance related experience 
• Certificate in General Insurance or other certifications
• Regulatory Compliance (AIRC) designation or other related insurance designations or working toward the same. 

Experience  

• Experience with SERFF platform
• Proficient in Microsoft Office and various other computer applications, 
• Strong written and verbal communication skills
• Ability to work independently and as part of a team
• Excellent time management skills
• Product Development and independent program filing experience a plus.  

Competencies

BCS Core Competencies 

Analytical thinking, Collaboration, Communication, Customer focus, Innovation, Job knowledge 

What we offer:

• Hybrid and remote work environments
• HSA/PPO medical plans
• Dental
• Vision
• HSA/FSA
• Short-term and Long-term Disability
• Employee Assistance Program
• Life and Travel Insurance
• Company Discounts
• Home office and wellness reimbursement
• 401(k) w/ up to 6% company match
• Generous PTO
• 12 paid holidays
• Parental leave
• Generous employee referral program
• Professional development and development planning: tuition reimbursement, continuing education & assistance obtaining professional certifications