Looking to join a growing company dedicated to helping others? We offer that, plus competitive salaries, a culture of learning, and a fast-paced environment. This is a hybrid position with 3 days in-office. Join our team to help make a difference in the lives of others!
About Continental General:
The Continental General family of companies has provided insurance, including life and long-term care policies, to individuals and groups for over 30 years, and currently supports over 100,000 policyholders. Both our insurance company, Continental General Insurance Company, and our third-party administrator, Continental General Services, are committed to the continuous development of our infrastructure, processes, and people. The group is actively growing through expansion of both its insurance portfolio and its administrative services. With each opportunity, we take a collaborative approach to address challenges and provide unique solutions.
Job Summary:
We are seeking a detail-oriented and experienced Senior Insurance Compliance Analyst to join our compliance team. This role is essential in ensuring our organization adheres to all relevant insurance regulations and industry standards. You will be responsible for administering compliance programs, responding to regulatory inquiries, and supporting internal audit and training initiatives.
Key Responsibilities:
- Administers Compliance programs and ensures compliance with the laws, regulations and rules of federal, state, and self-regulatory organizations.
- Prepares and files regulatory and compliance documents and / or reports.
- Handles interactions pertaining to approvals.
- Analyzes and responds to objections and inquiries from authorities.
- Creates forms and reports to comply with new or existing regulatory requirements. Prepares memorandums regarding the use of forms.
- Responsible for administering compliance training and industry education programs.
- Responsible for reporting and /or investigating any non-compliance or suspected fraudulent acts.
- Drafts and delivers complaint responses.
- Administers privacy, Anti-Money Laundering (AML), and other guidelines.
- Receives, analyzes, interprets and responds to regulatory matters and / or inquiries from the various state departments of insurance, federal agencies, self-regulatory organizations, industry associations and / or internal and external customers. Refers more complex matters to appropriate staff, as needed.
- Coordinates, administers, reports on and develops audit / review processes.
- Maintains and retrieves material from departmental databases and files.
- Performs research.
- Reviews policy administration issues, which may include powers of attorney, trusts and / or conservatorships.
- Evaluates, interprets, and communicates new or revised statutes / regulations / rules to effectively implement new requirements according to changes and updates in laws, rules and regulations.
- Assists with researching, documenting, and communicating complex issues. May develop action plans and assist with coordinating implementation.
- May review proposed advertising and marketing materials for compliance with State Advertising rules, regulations, product features and / or contract language.
- Drafts product disclosures.
- Develops and maintains product audit / issues instructions for new product implementation.
- May provide back-up coverage for other compliance areas.
- Maintains strong relationships within state insurance departments and / or other regulatory authorities. Acts as a liaison between the organization, specific departments / business units, third party vendors/administrators and regulatory authorities.
- Demonstrates advanced knowledge of the organization, regulatory agencies and current trends in ensuring compliance.
- May provide guidance and assistance to less experienced positions.
- Performs other duties as assigned
