Sr Compliance Analyst- Onsite Des Moines, Iowa

JOB SUMMARY

The Senior Compliance Analyst is responsible for general product and advertising compliance support, including assisting in the development and filing of insurance products and advertising reviews; researching and analyzing applicable legislation and regulations; administering the organization’s compliance programs, including record retention and anti-money laundering (AML); and other general compliance functions.

ESSENTIAL FUNCTIONS
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Support product development and create, submit, and manage form and rate filings via SERFF and other state-based filing systems.
• Review the organization’s marketing materials for compliance with applicable laws and file as necessary.
• Assist in researching and analyzing statutes, regulations, and case law to communicate trends and action plans to leaders and impacted business units. Assist in researching trade association and department of insurance publications.
• Review corporate policies, procedures, and processes for compliance with applicable federal and state regulatory and statutory requirements.
• Support the development and administer assigned compliance programs to ensure compliance with applicable federal and state regulatory and statutory requirements.
• Partner with the organization’s AML Compliance Officer as assigned.
• Prepare and file reports to regulatory bodies.
• Conduct research and render compliance guidance to business teams.
• Conduct preliminary research into allegations, policy language, and make recommendations to management regarding response to claims, new business, and customer service legal actions and complaints.
• Train, mentor, support, and develop less experienced compliance analysts by providing advice, coaching, and educational opportunities.

Performs other related duties as necessary or assigned.

SUCCESS PROFILE
Knowledge, Skills, and Abilities

• Demonstrate the Wellabe core competencies of change, communication, customer focus, financial acumen, innovation, teamwork, critical thinking, and decision making. For a full description of each competency, please visit wellabe.com/core-competencies.
• Embrace and foster a diverse and inclusive culture that aligns with our commitment to THRIVE Toolkit: We are building resources for employee reference, including a diversity driven book club, leadership training, and a culture of betterment philosophy. Hear: Every employee has a voice. We listen with attention to gain knowledge and to understand. Respect: We empower people by respecting and appreciating their differences. Inclusion: We support a collaborative workforce that promotes belonging and respect that increases participation and contribution from all employees. Value: All employees are appreciated for their uniqueness. Equity: For all.
• Demonstrate an Agile mindset* of trust, teamwork, and transparency and capability to implement agile tools into daily work, allowing for quick adaption to change. (*An agile mindset is the set of attitudes supporting an agile working environment including trust, teamwork, transparency, respect, improvement, ongoing learning, pride in ownership, focus on delivering value, and the ability to adapt to change.)
• Embrace our culture of betterment, which surrounds the question: Does this decision fit with our mission and core values while enhancing the outcome for our customers, our business, and our associates.
• Advanced knowledge of the principles, processes, and practices related to legal and compliance functions.
• Strong verbal and written communication skills with the ability to respond effectively to both internal and external customers.
• Ability to establish effective relationships and gather information needed to meet customer expectations.
• Intermediate knowledge of MS Office Suite (Excel, Word, and PowerPoint).
• Advanced project and people management skills.

EDUCATION AND EXPERIENCE

Education

• Bachelor’s degree in related field. Combination of education and/or relevant work experience may be accepted in lieu of degree.

Experience

• 3 years’ insurance compliance experience required, preferably within the life insurance and annuities sector.
• Minimum of 2 years creating, submitting, and managing form and rate filings via SERFF and other state-based filing systems.
• Minimum of 2 years researching and analyzing insurance legislation and regulations.

TRAVEL REQUIREMENTS

Travel Required? Yes

Type-Training/Seminars/Conferences

Percentage-Minimal

PHYSICAL REQUIREMENTS

• Primarily works in an office environment (or in-home office) performing work that is sedentary which involves remaining stationary and working on a computer for long periods of time
• Must be able to review, assess, and/or analyze data and figures by viewing a computer screen, including extensive reading.
• Regularly communicates with others in-person, via video conferencing, electronically (including email), or by phone to exchange accurate information.
• Primarily works in an office environment (or in-home office) performing work that is sedentary which involves remaining stationary and working on a computer for long periods of time
• Must be able to review, assess, and/or analyze data and figures by viewing a computer screen, including extensive reading.
• Regularly communicates with others in-person, via video conferencing, electronically (including email), or by phone to exchange accurate information.

This job description does not list all activities, duties, or responsibilities that may be required. The employee in this position may be assigned other duties at any time with or without notice.

This job description does not constitute a contract of employment and the company may exercise its employment-at-will rights at any time.