Sr Associate Regulatory
Summary
Senior compliance analyst reviews and responds to regulatory inquiries for an insurance company, researching laws and coordinating with internal teams to ensure accurate, timely filings.
The Senior Compliance Analyst of the Regulatory Affairs and Market Conduct team works with state regulators and other external parties to manage inquiries and examinations of Protective Life Insurance Company (“PLICO”) and its insurance affiliates. This position will work across the organization to obtain information and respond to regulatory inquiries. In addition, develop timely and accurate responses to inquiries/examination questions by researching applicable rules, regulations, and laws. The Senior Compliance Analyst will act as a liaison between regulators and internal business partners. The position will clarify requests from regulators and review information provided by business partners to ensure it is responsive and effectively advocates the company’s position. The position will work closely with the division compliance teams to gather information and review relevant regulatory requirements. In addition, will collaborate with counsel to assist in the review and drafting of regulatory responses.
Success in this role requires analytical and organizational skills, efficiency, motivation, communication and writing skills, attention to detail, and the ability to independently handle multiple projects in time sensitive situations.
Responsibilities:
• Effectively manage regulatory inquiries of PLICO and affiliated insurance companies. Responsible to work directly with all necessary parties at the company to collect responses/information, research applicable laws and regulations and formulate responses to examination inquiries
• Respond to inquiries from regulatory bodies for information pertaining to insurance and/or securities activities and/or representatives
• Partner with the business and divisional compliance units when required regulatory filings must be submitted to designated regulators and coordinate filings in a timely manner
• Identify potential areas of risk based on Market Conduct findings; work with the Compliance Testing Group and divisional compliance team to address with business partners
• Interact with industry peers and regulators to share and gather information related to emerging regulatory issues likely to be the subject of inquiries and/or examinations or that may otherwise impact the company
• Maintain the information to be included in regulatory report updates to keep management abreast of regulatory examinations/inquiries, trends, and emerging issues
• Support other compliance department leaders in the development and maintenance of the company’s corporate compliance program. Such areas may include but are not limited to Policy development, Privacy, AML, and Code of Conduct
Experience:
• College degree (J.D. or paralegal degree preferred)
• 5 years of experience with regulatory examinations in an insurance company and/or broader financial industry experience.
• Experience with life insurance and annuity products is a plus
• Skills and Attributes
• Strong organizational and communication (written and verbal) skills
• Critical thinking and analytical skills
• Effective interpersonal skills to work with diverse styles/cultures
• Strong computer research skills and investigative skills
• Ability to work effectively with people in all levels/areas of the organization
• Autonomous and self-driven but able to partner with others in a team environment
• Must have the ability to handle pressure and prioritize multiple competing projects
• Must be willing to work overtime occasionally, as needed
#LI-SB1