Product Compliance Analyst II

About the Role

The role matters significantly as it directly impacts the company's ability to launch compliant products, maintain legal standings, and ultimately, protect its customers. The team context is collaborative, with the analyst working as a subject matter expert across different functions to ensure compliance in all product-related materials, including marketing content and training materials.

What You Will Do

• Draft and develop insurance contracts and policy forms in accordance with product specifications and applicable legal and regulatory requirements.
• Coordinate with state insurance departments and other regulatory agencies to support form filing approvals and implementation following approval.
• Partner with Product Development, Legal, Internal Systems, Claims, New Business, and Insurance Administration to design compliant forms and documentation.
• Coordinate policy reviews, editing, finalization, and internal approval processes for assigned contracts and forms.
• Serve as a subject matter resource for product-related materials, including marketing content, training materials, websites, and producer communications.
• Draft and maintain applications, administrative forms, and service forms to support business and operational needs.
• Maintain, index, and manage form and product filings within internal databases and support filing process controls and continuous improvement efforts.
• Represent Product Compliance on cross-functional projects and ensure timely, accurate execution of compliance deliverables.
• Monitor and communicate regulatory and competitive developments that may impact products or the product development lifecycle.
• Participate in industry or trade association meetings related to product and compliance matters, as applicable.

What We Are Looking For

• Strong understanding of insurance products and regulatory requirements.
• Excellent analytical and problem-solving skills.
• Ability to work collaboratively across different departments.
• Strong communication and interpersonal skills.
• Detail-oriented with the ability to manage multiple projects simultaneously.
• Experience working with regulatory agencies and compliance matters.
• Bachelor's degree in a related field (Law, Business, etc.).
• Professional certifications in compliance or a related field are a plus.

Nice to Have

• Experience with project management tools and software.
• Familiarity with insurance industry software and systems.
• Advanced degree in Law or Business.
• Previous experience in a compliance role within the insurance industry.

Benefits and Perks

• Comprehensive health, dental, and vision insurance.
• Mental health benefits and employee assistance program.
• Paid time off and paid parental leave.
• Short-term disability coverage.
• Cultural observance day.
• Contributions to healthcare accounts.
• Pension plan and 401(k) plan with Company matching.
• ProHealth Rewards platform to improve wellbeing while earning cash rewards.

• Ensure your resume highlights specific experience with regulatory compliance and insurance products.
• Develop a portfolio that demonstrates your ability to analyze complex regulatory requirements and implement compliant solutions.
• Prepare to discuss your understanding of current regulatory trends and how they impact product development.
• Familiarize yourself with common compliance software and tools used in the industry.
• Be ready to provide examples of how you've collaborated with cross-functional teams to achieve compliance goals.
• Consider obtaining or highlighting any relevant certifications in compliance or insurance law to stand out.
• When negotiating salary, consider the value of the comprehensive benefits package and the remote work arrangement.