- Provide high-level complex compliance services through in-depth legal research and design, development, implementation and maintenance of superior, legally defensible, and system compatible group and individual insurance and annuity products.
- Work autonomously and exercise judgement and discretion in making decisions.
- Maintain and enhance The Standard's and NM's favorable reputation with state insurance departments, professional organizations, and competitors.
- Bachelor's degree in business or related field.
- 5 - 7 years progressively responsible experience in the insurance compliance arena. (PFML, Disability, Claims, etc.)
- Professional certification required with AIRC and/or FLMI certification recommended.
- Strong preference for candidates with state-mandated paid family medical leave programs.
- Design and drafting of contract language for prototypes of new products and enhancements and single-case filings.
- Leading complex multi-state filings.
- Ability to negotiate complex and/or sensitive approvals with state departments of insurance.
- Able to properly interpret complex state and federal statutes and regulations and partner with affected business units to develop compliant solutions.
- Researching complex questions using internal and external resources.
- Participation in trade association calls or attending industry meetings in order to monitor trends and provide appropriate feedback in development of new laws and product standards and develop industry contact relationships.
- Conducting contract language audits.
- Ability to work with other departments to provide creative solutions to meet customer objectives. Maintain positive and productive working relationships with partner companies.
- Supporting new business acquisitions and entry into new markets. Ability to mentor and train new team members.
- Providing advanced training to other departments.
- Ability to assist with Supervisory functions when necessary.
- Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.
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Product Compliance Consultant - Portland, United States - StanCorp Financial Group
Description
At The Standard, you'll join a team focused on putting our customers first.
Our continued success is driven by a high-performance culture. We're looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what's right - across the company and in our local communities.
We offer a caring culture where you can make a real difference, every day.
Ready to reach your highest potential? Let's work together.
Functional Job Summary:
Independence & Supervision required: Generally, works independently with minimal guidance. Work and results are often shared with team.
Interaction & Influence: Contacts are typically division-wide and outside the company as needed to provide or obtain information. Consults with Management on unusual situations and able to influence decisions. Effective team player.
Physical Demands: N/A
#LI-Remote
Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.
$84, $123,250.00
Positions will be posted for at least 5 days from original posting date.
Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.
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