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Senior Analyst, Compliance

Senior Analyst, Compliance

Global Atlantic Financial GroupDes Moines, IA, US
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Senior Analyst, Compliance

Global Atlantic is a leading provider of retirement security and investment solutions with operations in the U.S., Bermuda, and Japan. As a wholly-owned subsidiary of KKR, a leading global investment firm, Global Atlantic combines deep insurance expertise with KKR's powerful investment capabilities to deliver long-term financial security for millions of individuals worldwide. With a broad suite of annuity, preneed life insurance, reinsurance, and investment solutions, Global Atlantic, through its issuing companies, helps people achieve their financial goals with confidence.

Overview

The Legal team is seeking a Senior Analyst who will join the Des Moines, Iowa based Retail Insurance Legal team to prepare, review and file contract forms for fixed annuities, fixed index annuities, registered index linked annuities and other innovative insurance products with state Departments of Insurance and the Interstate Insurance Product Regulation Commission, and support the product implementation team with enterprise wide new product development.

Responsibilities

  • Analyze legal standards of state insurance laws and / or Interstate Insurance Product Regulation Commission standards in relation to new product development initiatives including impacts to policy and contract form language.
  • Correspond and negotiate with state regulators on objections to product submissions and prepare responses.
  • Prepare new product submissions in SERFF and proactively seek ways to streamline the submission process to decrease time between submission and approval.
  • Review, file, and gain approval, where required, of advertising and enterprise branding initiatives.
  • Maintain record of regulated forms history; coordinate with business areas to ensure proper forms are available and used.
  • Support internal operations and third-party administrators to ensure products continue to function in accordance with policy / contract language for all in-force policies.
  • Maintain professional contact with state insurance departments, the Interstate Insurance Product Regulation Commission and other insurance professionals throughout the country.

Qualifications

  • Five or more (5+) years of experience in annuity and / or life insurance industry with preference of three or more (3+) in a legal, compliance or product development related function.
  • Strong knowledge of regulatory requirements as they pertain to life insurance and annuities.
  • Experience filing insurance products via SERFF.
  • Excellent oral and written communication skills.
  • Detail oriented with good organization skills
  • Familiarity with key aspects of insurance administration.
  • PC skills, including experience with Microsoft Office, Adobe Professional and other applicable software.
  • The base salary range for this role is $80,000 $85,000 USD

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    Senior Compliance Analyst • Des Moines, IA, US