Product and Advertising Compliance Consultant (Hybrid)

Securian Financial; Saint Paul (MN); Hybrid; USD 74,000 - 137,000; Full time

Benefits offered by this job

Hybrid work arrangement

Paid time off

401(k) plan

Job summary

Securian Financial seeks a Compliance Consultant in Minnesota to support policy form drafting, state filing, and advertising review within Corporate Compliance. The role partners with business leaders to implement compliant products and policies while managing regulatory responses and training initiatives.

The position operates in a hybrid schedule, requiring in-office presence three days per week. The incumbent drafts filings, coordinates with regulators, and maintains current knowledge of

Qualifications

• Experience with Disability and Leave insurance.
• Professional work experience ideally in a corporate environment.
• Strong interpersonal and communication skills to interact with various levels of associates within the enterprise.
• Strong prioritization and organization skills to facilitate coordination of compliance reviews.
• Self-directed, ability to independently manage competing priorities with minimal direction.
• Policy form and advertising material filing experience utilizing SERFF.
• Knowledge of applicable laws, regulations, industry standards, and best practices affecting financial services.

Responsibilities

• Manages research of potential compliance gaps and ensures compliance with legal and regulatory requirements.
• Partners with business leaders to create and implement new or updated products, and/or compliance policies and procedures.
• Oversees creation and preparation of periodic client or regulatory filings with state and federal agencies.
• Designs, monitors, tests, and audits assigned products, policies and procedures for compliance.
• Drafts and files policy forms for assigned product lines to ensure compliance.
• Develops filing strategies that ensure compliance with state insurance law and provide management with guidance.
• Consults with team members and attorneys as needed.
• Assists market conduct exam coordinator during response phase of exams and data requests.
• Implements updates due to new laws or regulations across markets and products.
• Leads review and state filing of sales literature and advertising materials for assigned markets.
• Provides day-to-day compliance support to assigned business lines.
• Leads periodic review and maintenance of policy forms and related materials.

Skills

Disability and Leave insurance

Corporate environment experience

Interpersonal skills

Prioritization and organization

Self-directed

SERFF filing experience

Knowledge of laws and regulations

Tools

SERFF

Job description

*Securian Financial Group’s internal position title for this role is Compliance Consultant.

Position Summary:

The Securian Financial Corporate Compliance Department is seeking a Product and Advertising Compliance Consultant with experience in policy form drafting, state filing of policy forms and advertising review. This candidate will provide support to our internal business clients to facilitate business success, manage risk, and ensure our products and advertisements comply with applicable authority. They will provide lead compliance support for policy form development efforts, develop filing strategies, and manage and respond to complex issues raised by regulators during the objection-response phase of a product or advertising filing.

Responsibilities include but not limited to:

• Manages the research of potential compliance gaps and ensures compliance with legal and regulatory requirements. Communicates these gaps to the appropriate parties and collaborates with them to resolve outstanding issues and/or violations.
• Partners with business leaders to create and implement new or updated products, and/or compliance policies and procedures to ensure alignment with contractual requirements, state, federal, and other laws and regulations. Designs and provides compliance training and education.
• Oversees the creation and preparation of periodic client or regulatory filings with state and federal agencies. Directly interacts with clients, regulators, product line attorneys.
• Designs, monitors, tests, and audits assigned products, policies and procedures, making enhancements as needed based on interpretation of applicable laws and regulations. Identifies and addresses potential areas of compliance vulnerability and risk.
• Drafts and files policy forms for assigned product lines to produce forms that comply with applicable laws, rules and regulations, collaborating with business area, market line attorney and leader of people as necessary.
• Develops filing strategies that ensure compliance with state insurance law and provide management, including providing work direction to team members on assigned project, and filing project oversight. Provides direction and feedback to team members on issues raised by regulators during the objection-response phase of a product or advertising filing.
• Consults with team members, leader of people, and/or market line attorneys as needed.
• Assists market conduct exam coordinator during the response phase of a policy forms market conduct exam, data call, or survey request from state regulators.
• Understands the impact of new laws and regulations on assigned markets and/or products and disseminating that information, including notification of a new form or modified form requirement or of a new or modified administrative procedure, that result from the new law or regulation to affected business areas.
• Leads review and state filing of sales literature and advertising materials for the assigned markets in compliance with NAIC model regulations and state laws.
• Provides day-to-day compliance support to assigned business lines.
• Leads the periodic review and maintenance of existing policy forms and related materials to ensure continued compliance with applicable laws and regulations.

Qualifications:

• Experience with Disability and Leave insurance.
• Professional work experience ideally in a corporate environment
• Strong interpersonal and communication skills to interact with various levels of associates within the enterprise.
• Strong prioritization and organization skills to facilitate coordination of compliance reviews.
• Self-directed, ability to independently manage competing priorities with minimal direction.
• Policy form and advertising material filing experience utilizing SERFF
• Knowledge of applicable laws, regulations, industry standards, and best practices affecting financial services.

Preferred Qualifications:

• Experience in the group insurance employer market

#LI-Hybrid **This position will have a hybrid working arrangement, working in-office for a minimum of 3 days a week.**

Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you’re in a commutable distance (90 minutes) you’ll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.

Preferred Skills:

The estimated base pay range for this job is:

$73,700.00 - $136,800.00

Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.

Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:

Paid time off:

• We want you to take time off for what matters most to you. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.
• Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
• Holidays: Securian provides nine company paid holidays.

Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.

Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.

Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.

Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:

• Environmental Health & Sustainability
• Mental Wellness and Disability
• Pride at Securian Financial
• Securian Young Professionals Network
• Securian Multicultural Network
• Securian Women and Allies Network
• Servicemember Associate Resource Group

For more information regarding Securian’s benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at [e-mail], by telephone [phone] (voice), or 711 (Relay/TTY).

Securian Financial is a drug-free workplace.

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