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Senior Compliance Analyst jobs in United States
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Beam Benefits · 16 hours ago

Senior Compliance Analyst

Beam Benefits is a modernized dental benefits company founded in 2012, now expanding beyond dental to a suite of ancillary employee benefits. The Senior Compliance Analyst will enhance the Compliance Management Program, supporting compliance activities, policy development, and regulatory implementation while working independently and exercising sound judgment.
FinanceHealthcareProperty & Casualty InsuranceDentalFinancial ServicesInsurance

Responsibilities

Perform cross-functional compliance initiatives including compliance risk assessments
Monitor and assess federal and state regulatory changes impacting dental and ancillary benefit administration; partner with Legal and business units to support timely and accurate implementation
Partner with business stakeholders to develop, implement, and maintain written compliance policies and procedures
Draft, implement, and train on policies and procedures owned by compliance
Support complaint, grievance, and appeal oversight processes to ensure compliance with applicable consumer protection and regulatory requirements. This includes tracking, investigation and response, and reporting internally and externally
Respond to ad-hoc compliance requests from various internal and external partners, including the creation of action plans in response to regulatory changes
Collaborate with various business units to enhance the existing regulatory risk assessment framework, identify controls, and gaps in business rules and processes
Review and approval of marketing and advertising materials for all insurance products, including dental, vision, life, and disability; work with Insurance Carrier partners to obtain marketing and advertising material approval
Assist in governance and oversight of compliance training requirements, including tracking completion and assessing effectiveness
Serve as the lead for overseeing third party audits; market conduct exams, carrier partner audits; oversee audit corrective action plans tied to audits
Develop and execute internal regulatory compliance audits and transactional testing to test for adherence to federal and state regulatory requirements; assist in the creation and implementation of remediation plans for identified issues
Assist in managing the daily functions of the issues management process, including the identification, tracking, assessment, and execution of mitigating action plans
Assist with internal network including credentialing and recredentialing laws and regulations
Assist with third party due diligence reviews
Assist the Privacy Officer with implementation of state and federal privacy laws
Perform second-line oversight of delegated vendors and business partners, including compliance monitoring, issue identification, and remediation tracking
Evaluate record retention practices and documentation standards to ensure regulatory and audit readiness
Other duties as assigned

Qualification

Compliance Management ProgramRegulatory Change ManagementRisk AssessmentsGLBAHIPAA KnowledgeState Insurance RegulationsProject ManagementGoogle WorkspaceMicrosoft OfficeAdobe AcrobatLearning Management SystemsData AnalysisCommunication SkillsOrganizational SkillsProblem SolvingDocumentation Discipline

Required

Bachelor's degree in related field or equivalent experience
Typically, 5-7 years of relevant compliance experience
2-3 years of compliance, risk, and/or legal experience
Working knowledge of state/federal Privacy and Security laws and industry best practices, specifically GLBA and HIPAA/Hi-Tech
Familiarity with the elements of an effective compliance program
Demonstrated strong PC skills including Google Workspace, Microsoft Office, Adobe Acrobat, and reporting tools
Demonstrated ability to work independently, self-starter and highly motivated
Able to interface with key stakeholders to execute a formal compliance program
Strong oral and written communication skills for contact with internal and external stakeholders, including but not limited to regulatory agencies
Organizational and project management skills
Ability to identify gaps and develop solutions to complex issues
Excellent ability to investigate, analyze, and interpret data
Demonstrated ability to manage multiple deadlines in a fast-paced, small team environment
Experience supporting regulatory exams, market conduct exams, or DOI inquiries
Working knowledge of state insurance regulatory frameworks including but not limited to consumer protection requirements
Experience with regulatory change management and translating regulatory requirements into operational controls
Familiarity with vendor or delegated entity compliance oversight
Strong documentation and record-keeping discipline with attention to audit readiness

Preferred

Experience with Learning Management Systems (LMS) software is a plus

Company

Beam Benefits

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At Beam Benefits we are simplifying and modernizing employee benefits through our intuitive digital platform, self-service tools, and AI-powered underwriting.

Funding

Current Stage
Late Stage
Total Funding
$248.43M
Key Investors
Alumni Ventures,Trinity CapitalGeorgianMercato Partners,Traverse Fund
2024-10-10Series Unknown· $40M
2023-09-12Series F· $40M
2021-03-02Series E· $80M

Leadership Team

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Alex Curry
Co-Founder
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Dan Dykes
Co-Founder
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Company data provided by crunchbase