Regulatory Compliance Analyst

Uhaul; Phoenix (AZ); On-site; USD 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a Regulatory Compliance Analyst to support compliance and actuarial teams in managing Med Supp rate filings and regulatory tracking. This entry-level position is perfect for someone eager to learn and grow in the field of insurance compliance. In this role, you will assist in preparing regulatory filings, monitor compliance requirements, and collaborate with various departments to ensure accurate submissions. Join a dynamic team where your contributions will help shape the future of compliance in the insurance sector, and pave the way for your career advancement into leadership roles.

Qualifications

• 1-2 years of experience in insurance compliance or regulatory affairs.
• Bachelor's degree in a relevant field is required.

Responsibilities

• Assist in Med Supp rate filings and monitor regulatory compliance.
• Coordinate with internal teams for data collection and filing.

Skills

Insurance compliance understanding

Organizational skills

Regulatory document analysis

Communication skills

Microsoft Excel proficiency

Education

Bachelor's degree in Business

Bachelor's degree in Finance

Bachelor's degree in Insurance

Bachelor's degree in Risk Management

Tools

Compliance tracking systems

Microsoft Excel

Job description

Location:

2721 N Central Ave, Phoenix, Arizona 85036 United States of America

The Regulatory Compliance Analyst supports the Compliance, Actuarial, and Finance teams in the administration of Med Supp rate filings, regulatory tracking, and policyholder communications. This position assists in ensuring compliance with Medicare Supplement regulations, coordinating with internal teams on state filings, and maintaining documentation for regulatory approvals.

Key Responsibilities:

1. Regulatory Filings & Compliance Support
   Assist in the preparation and submission of Med Supp rate filings with state regulators.
   Monitor and track filing deadlines, approvals, and required documentation.
   Research and summarize regulatory requirements related to Med Supp pricing and policyholder notifications.
   Support Compliance leadership in responding to regulatory requests or objections.
2. Cross-Department Coordination
   Work closely with Actuarial and Finance to collect data needed for rate filings.
   Assist in reviewing and drafting policyholder notices related to rate changes.
   Support Operations and Customer Service in implementing and explaining rate updates.
   Track and document changes in compliance policies affecting Med Supp products.
3. Regulatory Monitoring & Reporting
   Monitor changes in Med Supp regulations at both state and federal levels.
   Prepare summaries and compliance updates for internal stakeholders.
   Assist in compliance audits to ensure adherence to regulatory filings and approved rates.
   Maintain organized records of all filings, approvals, and correspondence with regulators.

Qualifications:

Education: Bachelor's degree in Business, Finance, Insurance, Risk Management, related field or related educational experience.

Experience: 1-2 years of experience in insurance compliance, regulatory affairs, actuarial support, or operations (Med Supp experience preferred but not required).

Skills:

• Basic understanding of insurance compliance and state filing processes.
• Strong organizational skills and attention to detail.
• Ability to analyze regulatory documents and summarize key points.
• Good communication and teamwork skills.
• Proficiency in Microsoft Excel and compliance tracking systems.

Growth Path:
This role provides an opportunity to grow into a Regulatory Compliance Manager or Senior Compliance Analyst with additional experience and regulatory knowledge.

Task Breakdown (Daily, Weekly, Monthly)

Daily Tasks:
Track and update filing deadlines and status.
Assist in preparing filing documentation and policyholder notices.
Research regulatory changes and summarize findings.
Communicate with internal teams about compliance requirements.

Weekly Tasks:
Support Med Supp Rate Committee meetings by preparing compliance updates.
Work with Actuarial and Finance teams to ensure accurate filing submissions.
Monitor regulatory agency websites for any changes affecting Med Supp rates.

Monthly Tasks:
Help draft compliance reports for internal stakeholders.
Assist in responding to regulatory inquiries or objections.
Maintain an organized filing system for regulatory approvals.

This role is ideal for an entry-level to early-career professional looking to gain experience in Med Supp compliance and eventually grow into a leadership position.