Compliance Manager, Insurance (DRLP)

OnePay

21h • Hybrid

About The Position

OnePay is a fast-growing fintech company backed by Walmart and Ribbit Capital, offering an all-in-one financial services platform. They are looking for individuals who are driven, exceptional, and comfortable operating in a fast-paced environment. The Compliance Manager, Insurance (DRLP) role is crucial for ensuring the company's adherence to insurance laws and regulations, maintaining an effective compliance management system, and serving as the designated responsible licensed producer for the Delaware-licensed insurance agency. This role involves regulatory oversight, producer supervision, and ensuring operational execution meets legal and licensing standards. The position requires close collaboration with various internal teams (Operations, Servicing, Product, Legal) and external partners (carriers, regulators).

Requirements

• 5–10 years experience in insurance compliance, agency operations, or regulatory risk
• Active insurance producer license (Delaware required; multi-state preferred)
• Ability to qualify as Designated Responsible Licensed Producer (DRLP) under Delaware law
• Experience with insurance distribution, producer licensing, and carrier relationships
• Strong working knowledge of state insurance regulatory frameworks
• Strong ownership mindset with bias toward execution
• Ability to influence cross-functional stakeholders and enforce compliance standards
• Excellent analytical, project management, and communication skills
• Ability to translate regulatory requirements into operational controls

Nice To Haves

• Experience in fintech, embedded insurance, or multi-state distribution models
• Prior experience serving as a DRLP or equivalent responsible producer role

Responsibilities

• Serving as the Designated Responsible Licensed Producer (DRLP) for the Delaware insurance agency
• Maintaining active producer license(s) with appropriate lines of authority
• Providing direct oversight of all insurance-related activities conducted under the entity license
• Acting as the primary regulatory point of accountability for state insurance departments
• Ensuring compliance with insurance statutes, regulations, and DOI guidance
• Managing regulatory change management processes
• Developing and managing compliance training programs
• Providing compliance guidance on insurance products, distribution models, and marketing practices
• Supporting new product launches and market expansions with regulatory analysis
• Reviewing producer conduct, disclosures, and sales practices for compliance risk
• Developing and monitoring KPIs and KRIs related to insurance compliance
• Conducting risk assessments across insurance operations
• Analyzing data to identify trends, control gaps, and emerging regulatory risks
• Developing and maintaining insurance-specific policies and procedures
• Implementing controls and testing frameworks aligned to regulatory expectations
• Supporting internal and external audits and regulatory exams
• Overseeing individual producer licensing, appointments, and renewals across applicable states
• Ensuring all producers operate within their authorized lines of authority
• Establishing and maintaining producer supervision frameworks, including training and attestations
• Managing relationships and compliance requirements with carrier partners
• Assisting in the day-to-day oversight and enhancement of OnePay’s compliance management system (CMS)
• Developing and managing core compliance functions: Complaints management and remediation, Issue management and corrective action tracking
• Performing additional duties as assigned

Benefits

• Competitive cash
• Benefits effective on day one
• Early access to a high potential, high growth fintech
• Generous stock option packages
• Remote friendly (anywhere in the US) and office friendly
• Flexible time off programs - vacation, sick, paid parental leave, and paid caregiver leave
• 401(k) plan with match

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 1-10 employees