Compliance Analyst

Illinois Mutual • Peoria, IL

1h • $60,600 - $61,300 • Onsite

About The Position

The Compliance Analyst is an active member of the Legal/Compliance team. The role focuses on product and regulatory compliance, research, and handling regulatory and non-regulatory complaints with increasing independence. The analyst monitors legislative and regulatory developments, provides timely and accurate assessments, conducts compliance audits, and drafts and files compliant product forms with increasing independence. The position also serves as a liaison to, or member of, the Special Investigations Unit. The role is in the Legal department, reports to Emily Wilburn, and is based in the Home Office.

Requirements

• Bachelor’s degree.
• Ability to use analytical methods in 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.

Nice To Haves

• Paralegal certificate strongly preferred.
• Previous insurance industry and/or compliance experience preferred.

Responsibilities

• Monitor, review, analyze, and communicate regulatory changes and Department of Insurance directives and bulletins to internal business units.
• Conduct insurance regulatory research, including research on regulations and court opinions.
• Support internal business units with research requests, regulatory questions, and other inquiries, particularly those related to product implementation.
• Review complaints submitted internally or to Departments of Insurance; gather information from applicable business units, draft and coordinate the filing of responses, and maintain complaint logs.
• File policy forms and other required regulatory reports.
• Review product advertising for regulatory and product compliance.
• Serve as Law Department liaison to, or member of, the Special Investigations Unit.
• Provide administrative support related to core responsibilities and perform other duties as assigned.

Benefits

• Compressed 4 1/2-day work week with 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.

What This Job Offers

• Job Type: Full-time