Product Compliance Analyst II

Aflac, Incorporated•Columbus, GA

22h•$55,000 - $80,000•Hybrid

About The Position

We are the duck. We develop and empower our people, cultivate relationships, give back to our community, and celebrate every success along the way. We do it all…The Aflac Way. Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized as Fortune’s 50 Best Workplaces for Diversity and as one of World’s Most Ethical Companies by Ethisphere.com. Our business is about being there for people in need. So, ask yourself, are you the duck? If so, there’s a home, and a flourishing career for you at Aflac. Worker Designation – This role is hybrid. This means you will be expected to report to one of our Aflac offices located in Columbus, GA for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.

Requirements

General knowledge of the insurance industry, including theory, application, products, processes, and terminology
Ability to interpret complex language in state insurance laws and regulations
General knowledge and understanding of NAIC Model Laws and Regulations
General knowledge and understanding of Aflac’s policy language, products, benefits, and limitations
Bachelor's Degree in Business Administration, Liberal Arts, or a related field
2 years of job-related work experience
Or an equivalent combination of education and experience

Nice To Haves

2 years of experience working with compliance/regulatory issues and agencies

Responsibilities

Under general supervision, monitors adherence to all applicable regulatory requirements, policies, procedures, and Compliance processes to ensure that the appropriate control environment is documented and tracked; assists more experienced analysts in a variety of areas, including interpretation, monitoring, investigation, remediation, and reporting to develop knowledge and skill in Product Compliance; operates with some latitude for independent action and decision-making within the framework of established policies and procedures; consults with senior team members and management on complex issues
Reviews documents within area of responsibility to ensure that content is in compliance with company, state, and regulatory agency standards and guidelines; prepares the documents for submission to appropriate agencies within each of the state insurance departments or other federal and state agencies; communicates with state insurance departments to resolve issues, answer questions, and/or clarify interpretation of laws, regulations, and advertising filings or potential changes in business practices; provides advice and guidance to department management on the appropriate content
Assists with certificate management and form maintenance; creates standard and custom forms as needed for assigned areas; maintains effective and accurate online records, databases, or manual filing systems that provide a quick-reference database for information on department activity and document/correspondence status
Assists to interpret, monitor, and report compliance issues within the particular area of responsibility; is involved in a variety of aspects of these of moderate complexity: compliance interpretation and implementation, monitoring, investigation, remediation, and reporting, under the direction of a manager or senior analyst; assists the management and staff of the assigned business area or process in interpreting and applying Compliance and ethics policies and standards; undertakes fact gathering and investigation activity to monitor the effectiveness of implementation within area of responsibility
Performs research for inter-departmental and intra-departmental partners to collect relevant information and stay abreast of legislative changes in the industry; reviews insurance laws and regulations, and works with team members to determine the impact on Aflac’s policies, services, and advertising material, etc.; assists with the implementation of new laws and regulations with business units
Performs other duties as required

Benefits

medical, dental, and vision coverage
prescription drug coverage
health care flexible spending
dependent care flexible spending
Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee)
401(k) plans
annual bonuses
an opportunity to purchase company stock
11 paid holidays
up to 20 days PTO
state-mandated sick leave (Washington employees accrue 1-hour sick leave for every 40 hours worked)
other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being