The Regulatory Compliance Attorney II is responsible for monitoring and researching regulatory compliance issues relating to insurance operations for the Globe Life family of companies, and preparing summary analysis, drafting documents and making recommendations to the Chief Compliance Officer and senior management. Serves as a liaison with state insurance departments. Provides prompt, professional advice to colleagues where necessary.
Legal research and writing skills are critical and projects will range from drafting memos for team members and GC to reviewing documents before submission to regulatory authorities. Will assist with market conduct exams and coordinate with various internal departments.
This position will allow the opportunity to develop subject matter expertise. Requires Occasional travel.
PRIMARY DUTIES & RESPONSIBILITES:
Manage market conduct exams and similar state insurance department inquiries by researching laws, answering questions, discussing issues and drafting regulatory responses.
Research compliance issues pertaining to the insurance operations of the Globe Life family of companies. Evaluates the legal issues concerning procedures for underwriting, policy servicing, claims payment, and other business processes. Summarizes and recommends to Chief Compliance Officer and senior management actions to be taken as a result of the review of the materials.
Coordinate implementation of statutory and regulatory requirements.
Participate in creation of company policies relating to compliance issues.
Provide interpretations regarding statutes and regulations, especially on developing areas of law.
Translate complex legal matters for internal clients.
Assist internal clients with ad hoc legal research inquiries.
Occasional consultation with designated outside counsel.
Performs other duties as directed or as situation dictates.
Supervise 1 or more compliance team members
KNOWLEDGE, SKILLS, & ABILITIES:
Excellent oral and written communication skills.
Must be comfortable conveying complex legal matters to upper level management.
Precision in spelling, grammar and punctuation.
Ability to manage and prioritize multiple priorities and deadlines.
Ability to conduct accurate and organized research.
Familiarity and efficiency with WestLaw.
Detail-oriented with ability to analyze information and make logical conclusions.
Knowledge of the following legal areas preferred but not required: Insurance coverage and insurance products, TCPA, Privacy, Anti-Money Laundering, Anti-Corruption and Bribery, Canadian law.
Preferred: familiarity with statutes and regulations impacting the insurance industry and corporations generally.
Preferred: prior experience working in the compliance department of a life or health insurance company.
Preferred: at least 5 years related work experience, supervisory experience a plus.
Juris Doctorate Degree from ABA accredited school; licensed attorney in a U.S. jurisdiction in good standing.