Compliance Analyst

Description Job Title: Compliance Analyst Department: Legal Reports To: Emily Wilburn Location: Home Office Job Type: Full Time Commitment to Core Values At Illinois Mutual, our culture is built around our four core values. These values shape how we operate and define our expectations of each team member’s contributions: Be honest, reliable and respectful Think of other first Work together to create results Stand out with personal, caring service Job Summary The Compliance Analyst is an active member of the Legal/Compliance team with their core responsibilities centering around compliance, both product and regulatory, and research. This position is responsible for both regulatory and non-regulatory complaint handling with increasing independence, regularly monitoring legislative and regulatory developments and providing timely and accurate assessments and conducting regular compliance audits. This position is responsible for drafting and filing compliant product forms with increasing independence. This position is also a liaison to, or member of, the Special Investigations Unit. Primary Responsibilities Monitor, review, analyze, and communicate regulatory changes and Department of Insurance directives/bulletins to internal Illinois Mutual business units. Engage in insurance regulatory research relating to, for example, various insurance regulations and court opinions. Support Illinois Mutual internal business units concerning research requests, regulatory questions, and additional inquiries, especially related to product implementation. Review complaints submitted internally or to the Departments of Insurance; work with applicable business units to gather information to respond; draft responses; coordinate the filing of Illinois Mutual’s responses; and maintain complaint logs to manage/organize complaints. File policy forms and other regulatory reports as required Reviews product advertising for both regulatory and product compliance Serves as Law Department liaison for, or member of, the Special Investigations Unit. Provide administrative support related to the core responsibilities provided above and other duties as assigned. Anticipated Salary: $60,600 - $61,300 Benefit Overview: We strive for our employees to feel appreciated and supported, both professionally and personally. Our comprehensive benefit and discount package that meets a variety of needs is one way we demonstrate this. Some of our most admired benefits include: Compressed 4 1/2-day work week (Half-Day Fridays) No monthly premium cost for employee medical, life and disability insurance coverage Paid time-off accrual, including annual rollover; and paid holidays Competitive 401(k) plan with immediate vesting on Company contributions Discounted on-site employee cafeteria On-site exercise facility and company-provided exercise time Tuition reimbursement and training incentives Access to voluntary dental and vision insurance coverage Qualifications Bachelor’s degree required Paralegal certificate strongly preferred Previous insurance industry and/or compliance experience preferred Ability to use analytical methods in both legal and compliance matters Strong legal research skills Strong writing skills and ability to communicate findings and recommendations Strong attention to detail and analytical aptitude Proficiency with Microsoft Office applications, including Outlook, Word, Excel, and Teams Required Competencies (Proficiency Level) Accountability (1) Continuous Learning (2) Customer Focus (2) Integrity (1) Organizational Awareness (1) Teamwork (1) This job description is intended to provide a general overview of the position and does not include every detail of the role. Responsibilities and expectations may be subject to change based on Company needs. Illinois Mutual is an equal opportunity employer. #J-18808-Ljbffr Illinois Mutual