Policy Filing Analyst I

Security Financial•Lincoln, NE

About The Position

Assurity is looking for enthusiastic, driven and collaborative people to join our team. We’re a company of vibrant and passionate people who work every day to advance our mission of helping people through difficult times – and who truly want to make a difference. As a Certified B Corporation, we have a verified commitment to our people, community and planet, and we work every day to make the world a better place. Ample opportunities for growth, a thriving culture and coworkers who care as much as you do are just the beginning. Come work with purpose. Learn more: www.assurity.com/careers ESSENTIAL FUNCTIONS 55% Responsible for filing with state insurance departments all new and revised product, form and rate filings, annual state filings, and data calls including: Serving as subject matter expert (SME) related to policy forms compliance in assigned states; Drafting and reviewing policies, riders, applications, and other forms for conformity with state regulations and revising as necessary; Compiling and submitting new and revised policy forms, riders, rates, and applications with state insurance departments through SERFF or other industry portals; Preparing support materials for the filing of forms such as explanatory memoranda, state required checklists, certifications and Flesch readability scores; Completing annual required filings and data calls by the prescribed deadlines; Developing and maintaining positive relationships with state reviewers; Communicating with state insurance departments, including responding to objections and researching applicable statutes and regulations; Communicating internally with Product Actuaries and other departments to ensure forms changes are accurate and acceptable and to ensure that revisions align with product pricing, administration and claims adjudication; and Maintenance of all filed and non-filed forms and rates, including the policy filing database or other tracking systems, product specifications, state variations and filing dispositions, etc. 40% Ensures compliance with state insurance statues and regulations pertaining to insurance forms and rates, including: Keeping current on regulatory changes relating to Assurity's product lines and, form and rate filings in assigned states; Reviewing and applying state insurance codes forms and rates filings; Completing CODE tasks as assigned to fulfill state regulatory changes by the prescribed effective date of change, including any required filings; Assisting with research regarding compliances issues; and Staying informed on industry-related developments and activities. 5% Performs other functions, including: Maintaining and organizing SharePoint libraries and files; Collaborating with other departments on the development and filing of ancillary forms; Implementing new processes and procedures as needed; and Assisting with and participating in team functions and events for the product management department; and Assisting with special projects and other related duties as requested. The list of essential functions is not exhaustive and may be substituted as necessary.

Requirements

Four plus years of experience in business or related field required.
Self-starter with high level of personal initiative and accountability required.
Strong analytical and negotiation skills required.
Professional oral and written communication skills required.
Decision-making ability required.
Ability to review and understand insurance contract language required.
Ability to analyze and interpret state insurance rules and regulations.
Strong proficiency with Microsoft Office Suite and Adobe Acrobat document editing software required.
Consistent and reliable attendance Is an essential function of this position.
Talent required in values, work intensity, achiever, positivity, resourcefulness, command, persuasion, relationship-extension, and exactness.
Bachelor’s degree in business or related field.
Equivalent work experience (4+ years) in the insurance industry may be considered in lieu of education.

Nice To Haves

Insurance industry experience helpful.
Knowledge of Assurity products helpful.
Knowledge of administrative practices relating to company procedures and digital systems beneficial.
Familiarity with SERFF and IIPRC filing standards helpful.
LOMA designations helpful (ALMI required within 18 months of hire).
Other industry certifications strongly encouraged.

Responsibilities

Responsible for filing with state insurance departments all new and revised product, form and rate filings, annual state filings, and data calls
Serving as subject matter expert (SME) related to policy forms compliance in assigned states
Drafting and reviewing policies, riders, applications, and other forms for conformity with state regulations and revising as necessary
Compiling and submitting new and revised policy forms, riders, rates, and applications with state insurance departments through SERFF or other industry portals
Preparing support materials for the filing of forms such as explanatory memoranda, state required checklists, certifications and Flesch readability scores
Completing annual required filings and data calls by the prescribed deadlines
Developing and maintaining positive relationships with state reviewers
Communicating with state insurance departments, including responding to objections and researching applicable statutes and regulations
Communicating internally with Product Actuaries and other departments to ensure forms changes are accurate and acceptable and to ensure that revisions align with product pricing, administration and claims adjudication
Maintenance of all filed and non-filed forms and rates, including the policy filing database or other tracking systems, product specifications, state variations and filing dispositions, etc.
Ensures compliance with state insurance statues and regulations pertaining to insurance forms and rates
Keeping current on regulatory changes relating to Assurity's product lines and, form and rate filings in assigned states
Reviewing and applying state insurance codes forms and rates filings
Completing CODE tasks as assigned to fulfill state regulatory changes by the prescribed effective date of change, including any required filings
Assisting with research regarding compliances issues
Staying informed on industry-related developments and activities
Maintaining and organizing SharePoint libraries and files
Collaborating with other departments on the development and filing of ancillary forms
Implementing new processes and procedures as needed
Assisting with and participating in team functions and events for the product management department
Assisting with special projects and other related duties as requested