Regulatory Filing Compliance Analyst

## Description

**Position:** Filling Compliance Analyst
**Department:** Regulatory & Government Affairs
**Reports To:** Manager of Regulatory & Government Affairs

**Position Summary:**
The purpose of this position is to coordinate and execute the daily operations of programs to manage compliance risk and ensure regulatory compliance with state and federal insurance laws on a corporate and departmental basis.

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## Essential Functions and Responsibilities

– Perform office work directly related to management and regulatory compliance operations of the department and employer’s customers.
– Exercise discretion and independent judgment with respect to matters of significance.
– Develop, implement, and administer quality management programs to manage compliance risk and ensure regulatory compliance with state and federal insurance laws on a corporate and departmental basis.
– Circulate, monitor, and track compliance/regulatory literature and/or actionable items to appropriate areas as required.
– Provide status reports on regulatory compliance to the Regulatory AVP & Corporate Secretary at least every other week, and monthly status reports to Senior Management.
– Research and review state and federal legislation and regulations to provide summaries, in‑depth analysis, and evaluation of impacts on PLM products and administrative procedures.
– Attend industry societal meetings or seminars to stay abreast of regulatory compliance matters. Prepare and provide summary documents and/or presentations to management (e.g., Terrorism, Privacy, Producer Compensation, Asbestos). Monitor current and developing federal/national regulatory actions to ensure PLM is compliant and prepared.
– Act as liaison between the company and state insurance departments during discussions and negotiations related to compliance matters and/or rate, rule, and form filings.

**9. Develop, assemble, file required information, and negotiate to obtain approval for:**
a. Independently filed programs
b. Deviations from ISO or other bureau filings
c. Loss costs
d. New states
e. Recoupment

**10.** Interface with state regulators.
**11.** Handle all regular rates, rules, and form filings with state DOIs.
**12.** Maintain records of the status of all filings.

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## Internal Department Audits

Identify compliance requirements on a departmental basis through:

– Review of state and federal regulations/requirements
– Review of market conduct exams
– Research
– Interviews with departments or external auditors
– Maintaining contact with societal organizations/third‑party vendors
– Implementing other resources and tools
– Performing self‑audits and identifying issues
– Outlining and developing corrective actions
– Taking corrective actions
– Following up, monitoring, and reporting

**14.** Coordinate and work as a team member with the Regulatory Manager and departmental staff.
**15.** Assist in priority projects within the department.
**16.** Communicate with Information Systems and other departments regarding programming changes necessary for updating systems to comply with filed program changes and state insurance statutes and regulations.
**17.** Assist AVP/Regulatory Manager/Corporate Secretary in Board and Annual Meeting duties as required.
**18.** Organize and complete special projects as assigned.

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## Knowledge and Skills

1. Ability to maintain a professional attitude and demeanor at all times.
2. Strong written and verbal communication skills.
3. Superior organizational, analytical, and problem‑solving skills.
4. Adept at coordinating multiple projects simultaneously.
5. Above‑average proficiency in MS Word, Access, and Excel.
6. Comfortable learning new software and conducting internet research.
7. Uses multiple resources and research methodologies to accomplish tasks.
8. Ability to work independently and as part of a team.
9. Comfortable working closely with clients, regulators, consultants, and other members of the insurance community.
10. Demonstrates tact and diplomacy when interacting and negotiating with regulators in person, by phone, and in writing to resolve matters related to products and procedures.

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## Physical Requirements

1. Ability to hear.
2. Ability to speak clearly.
3. Ability to sit for extended periods of time.
4. Ability to see.

Apply here