Join Our Team: Product Compliance Analyst - Regulatory Compliance and Insurance Product Development
Shape the future with us at WorkWarp! We're seeking a highly skilled and detail-oriented Product Compliance Analyst to join our team. As a core member of our compliance department, you'll play a critical role in ensuring our products meet regulatory requirements and industry standards. This is a unique opportunity to work in a dynamic and fast-paced environment, collaborate with cross-functional teams, and drive business growth.
About Us
At WorkWarp, we're committed to delivering innovative solutions that make a meaningful impact on our customers' lives. Our company culture values diversity, inclusivity, and teamwork, and we're dedicated to providing a work environment that's engaging, challenging, and rewarding. As a remote or hub-based team member, you'll have the flexibility to work from anywhere while being part of a close-knit team.
Job Summary
We're looking for a Product Compliance Analyst to support our product development, enhancement, compliance, and State filings. As a key member of our compliance team, you'll be responsible for reviewing regulatory changes, drafting policy language, and submitting filings to State Insurance Departments. This role requires strong analytical, communication, and project management skills, as well as the ability to work in a fast-paced environment with multiple priorities.
Key Responsibilities
- Review incoming regulatory changes from OneSumX and determine their impact on Assurant programs and products
- Prepare internal compliance reviews that summarize regulatory changes and outline required changes to filed forms, rates, and rules
- Draft policy language that's clear, concise, and compliant with State and Federal laws, as well as achieving Company desired results
- Update policy language based on input from Business, Operations, Claims, Underwriting, Actuarial, and Legal teams
- Submit new product, product enhancement, or compliance filings to State Insurance Departments
- Analyze and prepare checklists, certifications, transmittals, and submission letters
- Submit filings to State Insurance Departments via SERFF and pay filing fees via EFT
- Prepare responses to objections and inquiries from Insurance Departments regarding product and compliance filings
- Research and gather Company filings to provide responses to Market Conduct requests, State surveys, Data calls, Litigation requests, and internal and external audits
- Complete State Filing System requirements, including supplemental data, replacement, and marketed product association information
Requirements and Qualifications
Essential Qualifications:
- Associate's degree in a related field
- 2 years of experience in the insurance industry
- Strong written, drafting, and editing skills, including accuracy and attention to detail
- Proficiency in Microsoft Office Suite
- Ability to work with ambiguity and frequently changing priorities
- Time management skills and the ability to effectively prioritize work to meet deadlines
Preferred Qualifications:
- Paralegal or Insurance designation
- Knowledge of SERFF and experience in submitting State filings
- Working knowledge of insurance terminology and ability to research industry regulations
- Willingness to learn new things and take on-the-job training courses or external insurance courses
- Strong interpersonal skills to effectively interact with internal employees, State Regulators, and external representatives
Skills and Competencies
To succeed in this role, you'll need:
- Strong analytical and problem-solving skills
- Excellent communication and project management skills
- Ability to work in a fast-paced environment with multiple priorities
- Strong attention to detail and organizational skills
- Ability to balance compliance with Business and Company strategies and directives
- Strong interpersonal skills to effectively interact with internal employees, State Regulators, and external representatives
Career Growth Opportunities and Learning Benefits
At WorkWarp, we're committed to helping our team members grow and develop their skills. As a Product Compliance Analyst, you'll have opportunities to:
- Take on new challenges and responsibilities
- Develop your analytical, communication, and project management skills
- Collaborate with cross-functional teams and build relationships with internal stakeholders
- Stay up-to-date with industry trends and regulatory changes
- Participate in training and development programs to enhance your skills and knowledge
Work Environment and Company Culture
At WorkWarp, we value diversity, inclusivity, and teamwork. Our company culture is built on:
- Collaboration and teamwork
- Open communication and transparency
- Flexibility and work-life balance
- Professional development and growth opportunities
- A dynamic and fast-paced work environment
Compensation, Perks, and Benefits
We offer a competitive salary and benefits package, including:
- Competitive salary
- Comprehensive benefits package
- Flexible work arrangements, including remote work options
- Opportunities for professional growth and development
- A dynamic and supportive work environment
Conclusion
If you're a motivated and detail-oriented professional looking for a challenging and rewarding role, we encourage you to apply for this exciting opportunity. As a Product Compliance Analyst at WorkWarp, you'll play a critical role in ensuring our products meet regulatory requirements and industry standards. Don't miss this chance to join our team and shape the future with us!
Apply Now
Apply Now