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Delta Dental of New Jersey and Connecticut · 1 month ago

Compliance Analyst, Regulatory & Product Filings

Parsippany, NJ, US

Full-time

Onsite

Mid Level

$65K/yr - $85K/yr

4+ years exp

Delta Dental of New Jersey and Connecticut is the largest dental coverage provider in the state, serving over 1.7 million people. They are seeking a Compliance Analyst to manage the regulatory lifecycle of insurance products, draft compliant contract forms, and secure product approvals with state Departments of Insurance.

DentalHealth CareInsurance

Responsibilities

Draft and develop policy forms for group dental, vision, and other insurance products by coordinating requirements from product, actuarial, legal, operations, and sales teams

Prepare and manage all new product submissions via the System for Electronic Rates & Forms Filing (SERFF), continuously seeking to streamline the process and reduce approval times

Analyze state insurance laws and Interstate Insurance Product Regulation Commission (IIPRC) standards to guide new product development and ensure compliance of all contract language

Serve as a primary point of contact with state regulators, skillfully negotiating and preparing responses to objections to secure product approvals

Manage project timelines for state product submissions, setting clear expectations for internal stakeholders on approval timelines

Collaborate with the marketing team to review and file advertising materials, ensuring all consumer-facing content complies with federal and state regulations

Create and maintain clear marketing material review guidelines for the organization

Own and maintain the library of regulated forms, coordinating with business areas to ensure proper versions are always in use

Support new product implementation by providing final, approved disclosure and contract language to the project teams

Act as a subject matter expert for internal operations and third-party administrators, ensuring in-force products are administered according to approved policy language

Administer the enterprise contract management system for the Legal & Compliance department, managing system logistics and user access

Develop and automate compliance reporting, utilizing data analysis and AI tools to generate actionable insights and trend reports

Qualification

SERFF proficiencyGroup insurance knowledgeTechnical writingRegulatory complianceData analysisProject managementMicrosoft Office SuiteAdobe Acrobat ProfessionalCommunication skillsTime management

Required

4+ years of experience in the group health insurance industry

Proficiency with SERFF and a working knowledge of state regulatory requirements pertaining to health insurance compensation

Deep understanding of group insurance products, sales practices, and the ability to comprehend and apply regulatory changes

Exceptional communication skills, with proven ability in technical writing, negotiation, and articulating complex requirements

Familiarity with key aspects of insurance administration and operations

Excellent time management skills and ability to plan and set priorities

Proficiency with Microsoft Office Suite and Adobe Acrobat Professional

Ability to sit and perform extensive close keyboard and PC work

Ability to walk, talk, or hear

Occasionally required to stand and reach with hands and arms

Ability to meet deadlines and attendance standards

The noise level in the work environment is usually moderate

This classification will be required to sign a confidentiality agreement

Preferred

A minimum of 2 years of direct experience in dental and/or vision insurance product development or contract filing functions is strongly preferred

Bachelor's degree strongly preferred

Benefits

Medical

Dental and vision

Life insurance

Short- and long-term disability

Spending accounts

Matching 401k

Learning and development

Recognition programs

Active wellness and diversity initiatives

Tuition reimbursement

Generous paid time off to recharge

Paid time off to volunteer at causes that you care about

Company

Delta Dental of New Jersey and Connecticut

Delta Dental of New Jersey is a member of the national Delta Dental Plans Association, which serves nearly one-third of the estimated 166 million Americans with dental benefits, providing dental coverage to over 60 million people in nearly 111,000 groups across the nation.

Founded in 1969

Parsippany, New Jersey, USA

201-500 employees