The Compliance Analyst II, with guidance and support of Lead Compliance Analyst, and utilizing experience and judgement to plan and accomplish goals, will primarily file new and revised policies, riders, application forms and related outlines of coverage and advertising material for approval in all jurisdictions where the company is licensed to sell insurance. Implement newly approved forms on production systems. A Compliance Analyst should be able to process routine state objections without assistance, but may need assistance understanding more complicated issues.
- File new products, with guidance and support of Lead Compliance Analyst, along with required forms for state insurance departments for their review and approval utilizing SERFF
- Research regulations to determine validity of objections and prepare rebuttals and address objections with the assistance of the Lead Compliance Analyst
- Discuss and resolve problems with forms and language with state insurance department personnel and other Home Office personnel
- Keep Lead Compliance Analysts apprised of project and product status
- Proofread and edit policy forms, riders, applications, brochures or other related sales guides or materials
- Gather and provide information to Lead Compliance analyst to submit to Actuarial and Policy Benefit Departments regarding changing benefits or policy provisions and request rate revisions if necessary
- Update and maintain NB09 screens with direction from Lead Compliance Analyst for existing and new products
- Update Product Approval spreadsheet when forms are assigned, filed and approved
- Review test material and data related to new product implementation
- Maintain submission and approval documentation
- Assist in preparation and submission of annual compliance filings
- Other duties as assigned
- Demonstrated knowledge and expertise with the duties and responsibilities of a Compliance Analyst I
- Ability to work well both independently and in a team environment
- Ability to respond appropriately and professionally to Home Office staff and outside insurance department analysts or examiners, in writing, in person and on the telephone
- Ability to manage multiple projects and tasks simultaneously
- Ability to organize and plan
- Extremely detail oriented and very well organized
- Ability to perform varied tasks using personal computers and mainframe administrative programs
- Ability to critically analyze issues, problem solve and recommend actionable responses
Applicable to all employees of Globe Life & Accident and its subsidiaries:
- Reliable and predictable attendance of your assigned shift
- Ability to work full time and/or part time based on the position specifications.
- College degree is preferred.
- 2-4 years of insurance/legal experience or background
- Strong written and verbal communication skills with competency in grammar, spelling and punctuation.
- Demonstrated research and problem-solving skills.
- Demonstrated mathematical ability, strong proofing and analytical skills.