illumifin · 2 hours ago
Senior Compliance Analyst- Licensing and Legislation
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ConsultingInformation Technology
Insider Connection @illumifin
Responsibilities
Licensing – Third Party Administrator/Administrator
Legislation searches, analysis, and determination of impactful items for summary
Accountable for NY Independent Adjuster licensing, renewals, cybersecurity exemptions
Acts as illumifin contact for state Departments of Insurance and Secretaries of State for inquiries and notices
Delivers approved legislation notices to selected audience
Maintains correct state surety bonds based on state law and client requirements
Requests appropriate Certificates of Insurance from illumifin’s insurance broker based on state laws and client contract requirements
Supports Supervisor and Director, Compliance with assigned tasks, such as thorough independent research, analysis, and appropriate output
Provides training, output review, and direction to Associate Compliance Analyst
Policy and Procedure maintenance by topic/process
Compliance system (CREW) advancement and testing
Contributes to the continuous improvement of the department
Leads annual LTCI Client reporting data compilation and filings
Leads coordination and review of regulatory projects
Conducts monthly internal reporting and trend analysis
Works under direction of Supervisor, Compliance to handle regulatory, audit, and market conduct exam needs
Acts as compliance team subject matter expert of the compliance system, LTC Partnership, and regulatory related policies and procedures
Provides advice and consultation for problems requiring advanced experience
Supports Associate Compliance Analyst and Compliance Analyst with training and quality review
Conducts the full range of compliance tasks
Qualification
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Required
Bachelor's degree or 8 years of increasingly complex experience working in insurance/healthcare administration and/or compliance.
8+ years of experience with state filings and/or licensure
8+ years’ experience communicating with Departments of Insurance and/or Secretaries of State to satisfy requirements and resolve issues.
6+ years of experience analyzing laws, determining impact to business administration, and working with multiple business unit leaders to implement.
5+ years Long Term Care, life, annuity, health insurance or related experience.
Strong communication and time management/task prioritization skills
Effective Analytical skills with quantitative, creative thinking and problem-solving skills
Ability to prioritize and address multiple tasks, risk, and deadlines
Preferred
AHIP designations in: Long Term Care Professional; or HIPAA Professional
Healthcare Compliance Accreditations/Certifications
Paralegal certificate
Benefits
Health Insurance
Company
illumifin
illumifin provides third party administration and technology services to individual and group insurers.
Funding
Current Stage
Late StageLeadership Team
Recent News
2024-04-05
2024-01-09
2023-12-25
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