Senior Compliance Analyst

Silacins; Carmel (IN); On-site; USD 95,000 - 125,000; Full time

Benefits offered by this job

Competitive base salary

Medical, Dental, Vision

Health/FSA

401(k) & ROTH

Pet Insurance

Parental Leave

Paid Time Off

Birthday Pay

Paid Volunteer Time

10 Paid Holidays

Employee Assistance Program

Tuition Reimbursement

Job summary

SILAC Insurance Company, headquartered in Carmel, Indiana, is seeking a Senior Compliance Analyst to join the Legal and Compliance Department. The role focuses on ensuring insurance products and marketing materials meet state and federal regulations, collaborating with Product Development and other teams.

You will draft and submit forms to state regulators, track filings, respond to objections, and review advertising content.

Qualifications

• 5+ years of regulatory compliance experience in life/annuity insurance.
• Deep knowledge of state and federal life and annuity rules.
• Experience with tax and non-tax qualified annuity contracts.
• Proficiency with SERFF.

Responsibilities

• Ensure product forms and advertising comply with state laws.
• Draft and submit contract forms to regulators; track filings.
• Serve as primary contact with state insurance departments.
• Review advertising materials for compliance.
• Support post-approval audits and ongoing compliance monitoring.

Skills

Regulatory compliance (life & annuity)

SERFF (NAIC) expertise

Analytical problem-solving

Attention to detail

Discretion & confidentiality

Communication & collaboration

Independent work capability

MS Office & Adobe Acrobat

Tools

SERFF (NAIC)

Microsoft Office

Adobe Acrobat

Job description

Senior Compliance Analyst

SILAC Insurance Company is currently seeking an experienced Senior Compliance Analyst to join the company's Legal and Compliance Department.

About Us

Headquartered in Carmel, Indiana, SILAC Insurance Company provides industry-leading annuity products that help individuals prepare for retirement. Our teams align around a shared vision of competitive products for clients, delivering best-in-class service to agents & business partners, and propelling the success of our employees.

Position Summary

The Senior Compliance Analyst is primarily responsible for ensuring that SILAC's insurance products and marketing materials comply with all applicable state laws and regulations. This role serves as the Compliance lead in collaboration with our Product Development team and other Company departments in the design, preparation, and submission of product forms to the respective states for approval; ensures that the approved forms are properly implemented; and supports the Company's marketing efforts with detailed reviews of advertising materials.

Key Responsibilities

• Product Compliance
• Draft, prepare, and submit contract and related forms to state regulatory authorities for approval prior to use;
• Track filings through the state review process and communicate objections and approvals to the respective company departments for response;
• Serve as the primary point of contact with state insurance departments, providing clear, well supported responses to objections;
• Engage with other Company departments to ensure forms are properly implemented following approval; and
• Support post approval audits and ongoing compliance monitoring.

Additional Responsibilities

• Conduct compliance reviews of advertising materials and assist in the development of enhanced advertising guidelines;
• Monitor regulatory changes affecting annuity products and communicate impacts to internal stakeholders;
• Provide compliance support to Operations and other business units; and
• Participate in department initiatives and perform other duties as assigned.

Minimum Qualifications

• Minimum of 5 years of experience in regulatory compliance within the life and annuity insurance industry, or an equivalent combination of education and experience that demonstrates the ability to meet the responsibilities of the position.
• In-depth knowledge of state and federal life and annuity insurance regulations and compliance requirements.
• Knowledge of and experience with tax and non-tax qualified annuity contracts, including structure and design, terms, riders, endorsements, and insert pages.
• Expertise in the use of the NAIC's System of Rate and Form Filling (SERFF).
• Strong analytical, problem-solving, and decision-making skills.
• Attention to detail is a necessity.
• High level of discretion and ability to maintain confidentiality.
• Excellent communication, collaboration, and interpersonal skills.
• Ability to work independently with limited oversight and manage multiple priorities in a fast-paced environment.
• Proficient in multiple computer applications, including the Microsoft Office suite and Adobe Acrobat.

Benefits

• Competitive base salary
• Medical, Dental, Vision
• Health/Flexible Savings Account
• 401(k) & ROTH
• Pet Insurance
• Parental Leave
• Paid Time Off
• Birthday Pay
• Paid Volunteer Time
• 10 Paid Holidays
• Employee Assistance Program
• Tuition Reimbursement