Compliance Specialist II

Compliance Specialist IIOperating within the core values and operating principles of the Company, the Compliance Specialist II provides support to the development and ongoing administration of a compliance process that will allow AAA Life to sell life, accident, and health insurance products in all necessary states.ResponsibilitiesParticipates in and supports corporate strategic projects. Provides research, support and ongoing awareness of compliance issues that arise in project implementation.Prepares compliance reports for management. Assist in the preparation of compliance reports for the Board of Directors.Research and evaluate state and federal insurance laws to implement appropriate procedures for home office, clubs, and agents to assure the Company and Clubs are in compliance in all states.Develops strategies and tools to improve compliance within Company.Coordinates company efforts to maintain best practices and stays abreast of Compliance and Ethics Forum for Life Insurers (CEFLI) recommendations.Establishes or recommends appropriate procedures for Compliance and other AAA Life departments, to ensure that such procedures support the principles and the ethics espoused by CEFLI.Provides training and guidance to more junior staff.Specific duties may include any of the following: Working with policy owners and various business units to assess complex compliance issues and determine appropriate solutions.Drafting compliance communications.Researching and coordinating the resolution of customer complaints.Reviewing marketing materials, policy forms, business communications and business processes for compliance.Drafting or filing policy forms or advertising.Creating compliance trainings, as needed.Leading or assisting with projects or tasks to conserve business and increase persistency.QualificationsBachelor's degree or equivalent experience required.Minimum of two (2) years' experience required in the Compliance, Internal Audit, or Legal Department of an insurance or financial services company.Completion of LOMA courses 1, 2 and 3 required within 24 months of accepting position; AIRC designation preferred.Project management experience preferred.Strong analytical skills to review, interpret, and communicate regulatory requirements.Excellent communication skills to convey regulatory information to others both written and verbal.