Compliance Analyst II

Premier Payroll Administration; Dallas (TX); On-site; USD 60,000 - 75,000; Full time

Job summary

Liberty Bankers Insurance Group in Dallas, TX seeks a Compliance Analyst II to manage day-to-day regulatory operations, coordinate SERFF filings, and guide junior staff.

You will review consumer and regulatory filings, respond to objections, and support audits and product administration, leveraging Westlaw and NAIC resources.

Qualifications

• 5+ years of legal or compliance experience in the insurance industry.
• Demonstrated knowledge of SERFF, NAIC, and I-File systems.
• Experience with Westlaw for legal/regulatory research.
• Proficiency with Microsoft Office and document management.
• Knowledge of insurance product administration systems.
• Insurance industry designations.
• Strong organizational and communication skills.

Responsibilities

• Lead day-to-day regulatory operations and coordinate with junior staff.
• Manage SERFF filings from form to response, tracking project progress.
• Research applicable laws and draft complex compliance responses.
• Assist with regulatory investigations and examinations.
• Use industry tools to monitor regulatory changes impacting the company.
• Review advertising and product filings for regulatory compliance.

Skills

Legal/compliance experience

Regulatory research

Communication

Organization

Education

Insurance designations

Tools

SERFF

NAIC

I-File

Westlaw

Microsoft Office

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Compliance Analyst II

Full Time Professional Dallas, TX, US

3 days ago Requisition ID: 1099

Salary Range: $60,000.00 To $75,000.00 Annually

Compliance Analyst II

Organization Description:

Liberty Bankers Insurance Group is a Dallas-based provider of a wide range of life insurance, annuity, Medicare supplement, and supplemental health products used to build and preserve the financial security of our policyholders.

Position Description (Primary):

We are seeking a talented Compliance Analyst II to assist our Senior Vice President of Compliance and Secretary in several key areas by being primarily responsible by for the day-to-day operations for the following functional areas, including ensuring proper documentation on departmental drive, with escalation to supervisor as necessary, for:

• Day-to-day collaboration with and coaching of junior staff on routine matters where they have primary responsibility, including ability to identify and escalation more complex matters;
• Start to finish SERFF filings (form, rate, informational, other), including researching and understanding regulations and standards and competitor products and educating key stakeholders, coordinating responses and responding to objections, revising forms, gathering and completing supporting documents, and overall tracking of projects;
• Complaints (consumer, regulatory, other), including researching applicable laws and regulations, interpreting contract language, drafting complex complaint responses, and ensuring uniform and consistent answers to similar issues and integrity of complaint logs and files;
• Investigations (regulatory and internal);
• Familiarity and ability to use industry tools and resources (e.g., ACLI, NAIC), including setting up monitoring systems to identify, track, and implement legal and regulatory changes that impact company;
• Advertising system, including review and approval of routine pieces, regulatory filing, maintaining of advertising files, and willingness to learn how to customize the system to improve the overall user experience while ensuring compliance;
• Day-to-day management of regulatory exams;
• Product administration (new product rollout, forms creation and updating, maintaining product catalog);
• Contract administration (inforce and claim issues, including research, advise, and draft / revise applicable legal forms, review of third-party subpoenas, levies / liens / garnishments and supervise follow up and responses).

Position Description (Assist):

We are seeking a talented compliance analyst to assist our Senior Vice President of Compliance and Secretary in several key areas by assisting with the day-to-day operations for the following functional areas:

• Audits of Third Party Administrators
• Suitability;
• Holding company filings;
• Drafting of Compliance report for quarterly business reviews, and ensuring overall consistency;
• Maintaining and improving upon departmental files and filing system;
• Projects as assigned.

Basic Qualifications:

• 5+ years of legal or compliance experience in the insurance industry
• Advanced knowledge and interest in the life insurance industry
• Demonstratable experience and knowledge of SERFF, NAIC, and I-File systems, and other state-based regulatory systems
• Demonstratable ability to monitor, understand, and apply laws, statutes, and regulations through ability to use Westlaw and internet for legal and regulatory research
• Working knowledge of general software such as Microsoft Office, portable document format, and communication systems
• Working knowledge of insurance product administration systems
• Working knowledge of other state-based regulatory based systems
• Insurance-related industry designations

Additional Qualifications:

• Exemplary organizational and recordkeeping skills, including recommending improvements to the same
• Ability to handle multiple projects, demands and commitments
• Ability to effectively communicate
• Ability to work independently and take personal initiative in learning new functional areas
• Ability to perform a wide range of skill functions ranging from routine administrative tasks and requests, matters involving a mid-range of complexity, and ability to train junior staff on the same
• Knowledge of and ability to audit new policy files and procedures