Senior Product Compliance Analyst
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Job Summary
Company
Farm FamilyFarm Family specializes in farm and ranch protection with a wide range of products including flexible farm packages business owner policies commercial package workers compensation commercial auto and select personal auto coverage. Farm Family is a leader in serving the Northeast and Mid-Atlantic markets and is pursuing growth across the U.S. The Farm Family entities are wholly-owned subsidiaries of Clearbrook Group Holdings Inc.
Job Description
Summary:
TheSr. Product Compliance Analystis responsible forthe development and regulatory compliance of the products offered by Farm Family as well as ensuring procedural compliance for such products.
This is a 100%in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.
Essential Responsibilities:
Develops and writes policy coverage forms and endorsements for new product development or product changes ensuring compliance with state regulations while meeting businessobjectivesand providing competitive differences in the marketplace.
Researchesinterpretsand analyzes state laws and regulations advisory opinions and bulletinsdeterminetheir impact on product offerings and/or on the company communicates to the affected areas develops any state-specific forms rules ornoticesand coordinates any changes in procedures to ensure compliance.
Provides guidance and recommendations to Compliance & Product Development Analysts on new product development and product changes as well as effective methods of coordinating the development and implementation with Product Managers Project Managers Underwriting operations and Regulatory Compliance Analysts.
Develops communications to policyholders and agency field force explaining changes to forms and rules and any new product offerings to ensure clarity of coverage.
Coordinates with Underwriting Services and IT Services personnel on quick resolution of production problems to reduce financial or coverage impact to policyholders and/or the company.
Analyzes researches and responds to policy language/coverage questions from Product Managers Underwriting Underwriting operations Claims and Legal;assistsCompliance& Product Development team in interpreting and responding to such requests.
Mentors other Analysts by answering questions discussing projects reviewing their work andassistingwith issues; provides guidance on work assignments andtrainnew Analysts.
Assist Managers with evaluatingplanningand prioritizing product development projects.
Qualifications / Experience Required:
Bachelors degree in or related field or equivalent work experience.
Ten years of experience in property/casualty/life/annuity insurance or related industry experience; Life: LOMA 7-8 Exams.
Seven years of experience with product development in insurance or a related industry.
Four or more years of compliance experience or equivalent experience in company operations.
Preferred Qualifications:
AIRC and ALMI/FLMI designation.
PLEASE NOTE:
Applicants must be legally authorized to work in the United States. At this time we are not able to sponsor or assume sponsorship of employment visas.
If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us please contact our Benefits Department at .
Notice to Recruitment Agencies:
Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.
We are an Equal Opportunity Employer. We do not discriminate on the basis of age ancestry color gender gender expression gender identity genetic information marital status national origin or citizenship (including language use restrictions) denial of family and medical care leave disability (mental and physical) including HIV and AIDS medical condition (including cancer and genetic characteristics) race religious creed (including religious dress and grooming practices) sex (including pregnancy child birth breastfeeding and medical conditions related to pregnancy child birth or breastfeeding) sexual orientation military or veteran status or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.
The collection of your personal information is subject to ourHR Privacy Notice
Benefits and Compensation
We offer a competitive compensation package performance-based incentives and a comprehensive benefits programincluding health dental vision 401(k) with company match paid time off and professional development opportunities.
Required Experience:
Senior IC
About Company
Since 1905, American National Insurance Company, founded and headquartered Galveston, Texas, has successfully managed a broad portfolio of insurance and financial products and services, to deliver on our promise to be there for our clients and communities when they need us most. Our ... View more
