Product Compliance Consultant

Mutual of Omaha; Nebraska; Hybrid; USD 76,000 - 114,000; Full time

Benefits offered by this job

401(k) plan with company match

Annual bonus opportunity

No sponsorship required

Job summary

Mutual of Omaha is seeking a Product Compliance Consultant to research, interpret, and implement federal and state regulatory requirements impacting Medicare Supplement, Dental, and Hospital Indemnity products. You will serve as a compliance SME, collaborating with Legal, Product Development, and Operations to ensure forms, disclosures, and communications meet regulatory standards.

In this hybrid Omaha-based role, you will lead complex regulatory initiatives, manage state filings, and advise on

Qualifications

• Experience in insurance compliance, regulatory affairs, product development, or state filings.
• Ability to research, analyze, interpret, and apply complex federal and state laws and regulations.

Responsibilities

• Monitor and interpret federal/state regulatory requirements for Medicare Supplement, Dental, and Hospital Indemnity products.
• Advise business partners on regulatory requirements, compliance risks, and operational initiatives.
• Draft and maintain policy forms, disclosures, and marketing materials for regulatory compliance.
• Coordinate state filing activities and implementation with internal stakeholders.

Skills

Regulatory compliance

Insurance knowledge

Regulatory research

Project management

Communication skills

Cross-functional work

Education

JD preferred

Tools

SERFF

Job description

The Product Compliance Consultant is responsible for researching, analyzing, interpreting, and implementing federal and state regulatory requirements impacting Medicare Supplement, Dental, and Hospital Indemnity products. This role serves as a compliance subject matter expert and works closely with Product Development, Legal, Compliance, Underwriting, Claims, Operations, Customer Service, and other business partners to ensure product, form, advertising, and operational compliance with applicable laws and corporate standards.

This position leads and coordinates complex compliance initiatives, regulatory change management activities, state filing support, and compliance reviews. The consultant evaluates regulatory developments, identifies business impacts, recommends solutions, and helps ensure timely implementation of regulatory requirements across Senior Health products. The role requires significant independent judgment, strong collaboration, and the ability to manage multiple priorities in a changing regulatory environment.

WHAT WE CAN OFFER YOU:

• Estimated Salary (Levels have variable responsibilities and qualifications):
  • Sr. Compliance Analyst: $75,500-$97,000, plus annual bonus opportunity.
  • Compliance Consultant: $86,000-$114,000, plus annual bonus opportunity.
• 401(k) plan with a 2% company contribution and 6% company match.
• Applicants for this position must not now, nor at any point in the future, require sponsorship for employment.

WHAT YOU'LL DO:

• Monitor, research, interpret, and communicate federal and state regulatory requirements impacting Medicare Supplement, Dental, and Hospital Indemnity products, ensuring timely compliance and implementation of regulatory changes.
• Serve as a compliance subject matter expert and advisor to business partners by providing guidance on regulatory requirements, compliance risks, product development, and operational initiatives.
• Draft, review, and maintain policy forms, state amendments, disclosures, customer communications, marketing materials, and other compliance-related documents to ensure adherence to regulatory and corporate standards.
• Manage and support state filing activities, including filing preparation, regulatory correspondence, objection responses, approval tracking, and coordination of implementation efforts with internal stakeholders

WHAT YOU'LL BRING:

• Demonstrated experience in insurance compliance, regulatory affairs, product development, state filings, legal research, or a related field, with knowledge of individual health insurance products; Medicare Supplement, Dental, and Hospital Indemnity experience preferred.
• Strong ability to research, analyze, interpret, and apply complex federal and state laws, regulations, regulatory guidance, and insurance contract requirements to business operations.
• Proven analytical and problem-solving skills with the ability to assess regulatory impacts, identify compliance risks, and develop practical business recommendations and solutions.
• Excellent project management, organizational, and communication skills, with the ability to manage multiple priorities, collaborate across departments, influence stakeholders, and meet deadlines in a fast-paced environment.
• Detail-oriented and adaptable professional with strong business judgment, initiative, and proficiency in technology and regulatory systems; able to work independently and within cross-functional teams.
• You promote a collaborative culture, value different ideas and opinions, and listen courageously, remaining curious in all that you do.
• Able to work at our office located in Omaha, NE, in a hybrid environment.

PREFERRED:

• Five or more years of experience in health insurance compliance, regulatory affairs, product development, state filings, or a related field supporting insurance products and regulatory requirements.
• Knowledge of Medicare Supplement, Dental, Hospital Indemnity, Medicare-related, or other individual health insurance products and associated regulatory environments.
• Experience managing regulatory filings and interactions with state insurance departments, including SERFF submissions, objection responses, audits, market conduct examinations, and regulatory inquiries.
• Proven ability to draft and review insurance policy forms, disclosures, customer communications, websites, advertising, and marketing materials for regulatory compliance.
• Professional insurance or compliance certification preferred; advanced legal or regulatory education, including a Juris Doctor (JD), is considered a plus.

Together we achieve greatness. Not only is this a core value, but it’s also representative of the kind of place we are — built by the strength and integrity of our employees. It’s why we’re named a “Great Place to Work”.

Surround yourself with an authentic and inclusive culture. Your strengths and differences will be valued and celebrated by a diverse community of co‑workers.