1042 - Product Compliance Analyst

As a Product Compliance Analyst, you will be responsible for developing, evaluating, interpreting regulatory requirements and statutes, and preparing simple to complex product and regulatory filings for state and compact submission.

This is a remote eligible position. Reliable internet service is required for the role. SML supports remote work for NY, PA, NJ, CT, MA, AL, FL, TX, OH, MN, IN, GA, IL, IA, AZ and NC.

Description of Duties & Responsibilities of a Product Compliance Analyst:

• Draft policy forms/pages that are compliant for New York State, the Compact and state specific requirements. Route proof read drafts for approval/changes and track status. Assemble and transmit filings and related correspondence.
• Review, interpret and analyze regulations to determine any required actions. Make recommendations for changes based on analysis. Summarize, compile and communicate information as needed.
• Track and update filing and approval status, verify accuracy and completion and report to management, notify external departments of necessary changes, respond to requests for copies of information.
• Prepare yearly filings for Illustration Actuary, portions of NYS Market Conduct Report, and Exempt States.
• Verify accuracy of Model Advance and production cases.
• Other duties as needed or assigned by management.

Required Skills & Experience of a Product Compliance Analyst:

• 3-5 years experience in Insurance required.
• Experience in a law firm preferred.
• Intermediate knowledge of Microsoft Office Suite required.
• Excellent written and verbal communication skills.
• Excellent analytical skills
• Excellent data entry skills.
• Excellent organizational skills.
• Ability to perform work accurately and thoroughly.
• Ability to pay close attention to detail.
• Ability to prioritize and organize a heavy workload.

Education Required: Bachelors Degree in Business or a related field required.

Pay Range: $24.32 to $31.29 hourly

The starting pay rate for this role is based on a variety of relevant factors, including location, education, experience, and skills.

Visa sponsorship is not available for this position

Relocation assistance is not available for this position

Security Mutual is an Equal Opportunity Employer

About SML:

Security Mutual Life is a leading provider of life insurance, accumulation products and retirement-, business- and estate-planning services for individuals, families and businesses. Our innovative products help our clients meet their financial protection needs. Headquartered in Binghamton, New York, the Company was founded in 1886 and is recognized for its longstanding history of financial strength and stability.

We continually invest in technology. Our agents and employees are equipped with the latest tools and deliver outstanding service to our hundreds of thousands of policyholders throughout the United States.

We are committed to our neighbors and communities. Security Mutual and its employees help support a wide variety of community and charitable initiatives and organizations through our donations and service.

At Security Mutual our employees are among the Company’s most valued assets. We offer competitive salary and benefits and our work environment reflects the Company’s core values of trust, respect and integrity.

Federal & State Labor Law Posters: https://www.jjkeller.com/learn/SHRMPDF