Assistant Vice President of Compliance

TriSource LLC; Bethesda (MD); Vor Ort; USD 120.000 - 180.000; Vollzeit

Zusammenfassung

TriSource LLC is seeking an experienced Assistant Vice President of Compliance to lead regulatory compliance across its Life & Health insurance portfolio. The role partners with Legal, Product, Underwriting, Operations, and senior leadership to ensure adherence to state and federal laws and regulations.

The ideal candidate has 7–10+ years in insurance, with Life & Health and Medical Stop Loss expertise preferred.

Qualifikationen

• Bachelor’s degree required; JD or advanced degree preferred.
• 7–10+ years of insurance industry experience, Life & Health focus.
• Strong regulatory compliance experience in group life and health insurance.
• Experience with Medical Stop Loss is highly preferred.
• Experience with product filings, form and rate review, and market conduct examinations.

Aufgaben

• Lead the Life & Health insurance compliance program across the organization.
• Monitor regulatory changes and assess impact on products and operations.
• Provide compliance guidance to Product Development, Underwriting, Legal, Operations, and others.
• Oversee reviews of policy forms, contracts, marketing materials, and disclosures.
• Serve as a resource for Medical Stop Loss compliance and product oversight.
• Support regulatory examinations, audits, and inquiries from state departments.
• Develop and maintain compliance policies, controls, and monitoring programs.
• Identify risks and implement mitigation and corrective actions.
• Lead compliance-related projects and enterprise-wide initiatives.
• Mentor and develop compliance staff; set priorities and performance expectations.
• Communicate regulatory developments and risks to senior leadership.

Kenntnisse

Leadership

Staff management

Project management

Cross functional collaboration

Regulatory interpretation

Analytical thinking

Communication

Organizational skills

Ausbildung

Bachelor’s degree

Juris Doctor (JD) or advanced degree

MBA or Master’s degree (preferred)

Jobbeschreibung

Our client is seeking an experienced Assistant Vice President of Compliance to lead and oversee regulatory compliance initiatives across its Life & Health insurance business. This individual will serve as a senior compliance leader, partnering closely with Legal, Product, Underwriting, Operations, and senior leadership to ensure products, processes, and business practices remain compliant with applicable state and federal insurance laws and regulations.

The ideal candidate will bring 7–10+ years of insurance industry experience, with a strong background in group life and health insurance and regulatory compliance. Experience with Medical Stop Loss is highly preferred, along with exposure to a broad portfolio of insurance products including Group Life, Individual Life, AD&D, Dental, Vision, and other specialty health products.

Key Responsibilities

• Lead and oversee the company’s Life & Health insurance compliance program, ensuring adherence to applicable state and federal laws, regulations, and regulatory requirements.
• Monitor and interpret changes in insurance laws and regulations and assess their impact on products, policies, procedures, and business operations.
• Provide compliance guidance and subject matter expertise to Product Development, Underwriting, Legal, Operations, Claims, Sales, and other business functions.
• Review and provide compliance oversight for insurance products, policy forms, contracts, marketing materials, disclosures, and related documentation.
• Serve as a key compliance resource for Medical Stop Loss, including regulatory requirements, product development, filings, policy administration, and ongoing product oversight.
• Support regulatory examinations, audits, market conduct reviews, and inquiries from state insurance departments and other regulatory authorities.
• Develop and maintain compliance policies, procedures, controls, and monitoring programs.
• Identify potential compliance risks and develop appropriate mitigation strategies and corrective action plans.
• Lead and manage compliance-related projects, including regulatory implementations, product launches, system changes, and enterprise-wide initiatives.
• Manage, mentor, and develop compliance staff while establishing priorities, objectives, and performance expectations.
• Partner with senior leadership to communicate regulatory developments, compliance risks, and recommended business actions.
• Maintain strong relationships with internal stakeholders and regulatory authorities as appropriate.
• Ensure appropriate documentation and reporting of compliance activities, findings, and remediation efforts.

Qualifications

• Bachelor’s degree required; JD, Master’s degree, or other advanced degree preferred.
• 7–10+ years of insurance industry experience, preferably within Life & Health insurance.
• Strong regulatory compliance experience within the group life and health insurance space.
• Demonstrated experience with insurance products such as:
• Medical Stop Loss – strongly preferred
• Group Life
• Individual Life
• Vision
• Specialty Health products
• Strong knowledge of state and federal insurance laws, regulations, and regulatory requirements.
• Experience working with or responding to state insurance departments and regulatory examinations.
• Demonstrated ability to interpret complex regulatory requirements and translate them into practical business solutions.
• Staff management and project management experience required.
• Strong leadership, communication, analytical, and organizational skills.
• Ability to work effectively with senior leadership and cross-functional business partners.
• Experience managing multiple priorities and complex compliance initiatives in a highly regulated environment.

Preferred Qualifications

• Significant Medical Stop Loss compliance and regulatory experience.
• Experience with product filings, form and rate review, regulatory implementation, and market conduct examinations.
• JD, MBA, or Master’s degree.
• Experience leading or managing a team of compliance professionals.
• Experience supporting product development and implementation within a Life & Health carrier.
• Familiarity with emerging regulatory issues affecting group health, stop loss, and specialty health insurance.