Regulatory Compliance Consultant I

Allstate
4d$57,000 - $80,000

About The Position

The Regulatory Compliance Consultant would be responsible for the creation, maintenance and implementation of personal lines policy forms as well as the tracking and review of regulatory changes that impact personal lines products.

Requirements

  • Legal background would be helpful
  • Knowledge of standard personal lines programs of insurance
  • Strong research, analytical, writing, and communication skills
  • Proficiency in Microsoft Office (Word, Excel, Outlook, PowerPoint)
  • Property and Casualty Experience

Responsibilities

  • Conduct research and perform analysis on policy language, regulatory changes, competitor products, market needs, and emerging issues, and serve as a Subject Matter Expert (SME)
  • Develop and maintain policy forms, policyholder notices, and other communications, as well as forms requirements, for discretionary and compliance projects and manage timelines for research, development, filing and implementation
  • Work closely with product management, claims, underwriting, IT and other areas in the creation of product portfolios
  • Prepare forms filings in accordance with state requirements and respond to DOI objections as well as participate in DOI meetings
  • Identify and track regulatory changes at the state and federal level and notify key stakeholders to ensure compliance with new/existing laws, regulations, and DOI communications
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