Security Mutual Life Insurance Company of New York ยท 1 month ago
Product Compliance Analyst - 1119
Security Mutual Life Insurance Company of New York is a leading provider of life insurance and financial protection services. As a Product Compliance Analyst, you will be responsible for developing and interpreting regulatory requirements, preparing product and regulatory filings, and ensuring compliance with state and compact submissions.
Financial ServicesInsuranceLife Insurance
Responsibilities
Draft policy forms/pages that are compliant for New York State, the Compact and state specific requirements. Route proof read drafts for approval/changes and track status. Assemble and transmit filings and related correspondence
Review, interpret and analyze regulations to determine any required actions. Make recommendations for changes based on analysis. Summarize, compile and communicate information as needed
Track and update filing and approval status, verify accuracy and completion and report to management, notify external departments of necessary changes, respond to requests for copies of information
Prepare yearly filings for Illustration Actuary, portions of NYS Market Conduct Report, and Exempt States
Verify accuracy of Model Advance and production cases
Other duties as needed or assigned by management
Qualification
Required
3-5 years experience in Insurance required
Intermediate knowledge of Microsoft Office Suite required
Excellent written and verbal communication skills
Excellent analytical skills
Excellent data entry skills
Excellent organizational skills
Ability to perform work accurately and thoroughly
Ability to pay close attention to detail
Ability to prioritize and organize a heavy workload
Bachelors Degree in Business or a related field required
Preferred
Experience in a law firm preferred
Company
Security Mutual Life Insurance Company of New York
Since 1886, Security Mutual Life Insurance Company of New York has been helping protect families and businesses during periods of prosperity, as well as during wars and times of economic uncertainty.