Oliver James Associates Ltd.
Senior Regulatory Compliance Analyst – Annuities
Oliver James Associates Ltd., Hartford, Connecticut, us, 06112
# Senior Regulatory Compliance Analyst – AnnuitiesSenior Regulatory Compliance Analyst – AnnuitiesSalary$NegotiableLocationHartford, CT, USAContractPermanentIndustryRisk & Compliance---ContactOlivea Kupiecolivea.kupiec@oliverjames.comSkills & Experience:* Seven or more years of experience in the annuity or life insurance industry, with at least three years in legal, compliance, or product development* Strong knowledge of insurance products, sales practices, and regulatory requirements, with experience in annuities, 401K annuities, pension risk transfer, or funding agreements preferred* Exceptional verbal and written communication skills, including the ability to articulate complex regulatory and product requirements* Familiarity with insurance administration processes and systems* Proficient in Microsoft Office, Adobe Professional, and other relevant software* Experience with SERFF and state insurance filingsDetailed Job Description:* Draft contract provisions for new retail annuity products by gathering business requirements from product, actuarial, legal, compliance, operations, and sales teams* Develop project timelines and coordinate state product submissions, including setting expectations for approval timelines* Analyze state insurance laws and regulatory standards to ensure compliance of new product initiatives* Correspond and negotiate with state regulators on product submission objections and prepare responses* Prepare and submit new products in SERFF, and identify opportunities to streamline the submission process* Review and gain approval for consumer advertising and branding initiatives, ensuring alignment with contract requirements* Maintain records of regulated forms and coordinate proper usage across business areas* Support new product implementation with final disclosure and contract language requirements* Assist internal operations and third-party administrators to ensure in-force products comply with policy and contract language* Maintain professional contacts with state insurance departments and industry regulatory bodies
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