Senior Contract Analyst

Forrest T Jones & Company•Kansas City, MO

About The Position

Responsible for drafting policy forms, product design, and review of sales materials relative to the applicable laws, regulations and administrative procedures. Keeps current on all new requirements or changes regarding product development, policy filings and administration of those products for inclusion in the necessary contractual arrangements. This position entails utilizing compliance and legal skills and product knowledge with respect to insurance, services, and handling more complex legal/compliance projects in the legislative and regulatory framework.

Requirements

Excellent organizational skills and interpersonal communication skills (oral/written/listening)
Proficiency in software applications, such as Word, Excel, Outlook, and Access
Must be detail oriented and a self-starter with the ability to work independently
Bachelor’s Degree or equivalent industry experience
5+ years’ experience with a variety of insurance products
In-depth knowledge of Individual and Group, Life, A&H, Disability, Self-Funded and Annuity business, and the relating laws and regulations in all states
Knowledge of marketing and administrative functions relative to the insurance laws and regulations

Responsibilities

Product Development – Policy formation and drafting relative to the laws and regulations of the applicable jurisdictions for various insurance products
Create state specific policy forms adhering to state statutes while working closely with state insurance department personnel
Researches and responds to states’ objections/questions via the SERFF and I File systems
Assists in the implementation of and/or development of administrative procedures and communication of such when changes are required by law
Review sales materials for compliance
Miscellaneous research of legal and compliance issues