Compliance Specialist I or II

Armed Forces Insurance • Leavenworth, KS

5d • Onsite

About The Position

The Compliance Specialist I/II prepares, submits, and coordinates the internal implementation of rate, form and rule filings for all AFI lines nationwide, ensuring compliance with state regulatory requirements. This position is the entry-level position in the Compliance Specialist Career Path.

Requirements

• Compliance Specialist I: High school diploma or GED
• Compliance Specialist I: One year of satisfactory job performance in a position with AFI, or two years of relevant work experience
• Compliance Specialist I: Associates Degree may be substituted for this requirement
• Compliance Specialist II: Associate’s Degree in relevant field
• Compliance Specialist II: One year of satisfactory job performance in a position with AFI, or two years of relevant work experience
• Compliance Specialist II: BA/BS Degree may be substituted for this requirement
• Excellent verbal communications skills
• Excellent written communications skills, to include the ability to produce well-documented recommendations for approval by AFI management and consideration by insurance regulators
• Working knowledge of MS Outlook
• Detailed knowledge of MS Word and Excel
• Keyboard skills of at least 30wpm
• Ability to learn to utilize AFI’s computer systems and complex query tools for data access and entry
• Ability to perform basic math functions to include calculation of percentages and ratios
• Ability to quickly gather and analyze information needed to determine appropriate action on compliance issues
• Demonstrates sound judgment and decision-making skills
• Ability to accomplish work according to established priorities and procedures
• Ability to coordinate with other units/departments and to guide the work activities of other unit staff

Responsibilities

• Prepares fully documented submissions of rate, form, and rule filings to regulatory agencies and bureaus.
• Monitors changes to state insurance regulations and provides notification of regulated rate, rule, or form changes to department processors for distribution to impacted AFI departments.
• Coordinates implementation schedules to maintain regulatory compliance.
• Compiles all information required to develop fully documented rule and form filing recommendations for review by AFI management and state regulatory authorities.
• Analyzes regulatory bulletins and circulars to determine potential impact of pending changes on AFI operations and automated systems.
• Communicates directly with state insurance departments as necessary to request additional information, provide clarification or justification for requested action, and to facilitate implementation of requested actions.
• Maintains current knowledge of appropriate state filing documentation and formatting requirements so as to expedite processing of requested actions.
• Creates, distributes, and maintains required documentation (both system and hard-copy) relating to completed actions.
• Ensures AFI’s continuing regulatory compliance by coordinating with department processors to implement changes that impact AFI operating units.
• Performs other duties as assigned in support of the unit and company objectives.

Benefits

• Full benefits package including health, dental, vision, life & disability insurance
• Employee assistance program (EAP)
• 401(k) including employer match & safe harbor contributions
• Generous paid time off policy
• Medical leave
• Volunteer time off
• 9 paid holidays
• Tuition reimbursement program
• Continuing education and re-certification opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED