At EMC, you'll put your skills to good use as an important member of our team. You can count on gaining valuable experience while contributing to the company's success. EMC strives to hire and retain the best people by engaging, developing and rewarding employees.
Candidates who exceed the minimum qualifications posted, may be considered for a higher level position. This position can be performed remotely for candidates who reside in IA, MN, SD, NE, KS, MO, IL, WI, ND.
Performs assigned compliance audits and reviews to ensure adherence to company policies and regulatory requirements. Completes the reporting process and the Market Conduct Annual Statement, including the company's federal AML, OFAC and IRS Form 8300 compliance efforts. Collaborates with people leader to develop, update and implement compliance procedures and guidelines. Performs updates to existing product forms based on identified changes. Performs analysis of assigned compliance issues or concerns including consumer complaints and state insurance department inquiries.
Essential Functions:
Performs assigned compliance audits and reviews to ensure adherence to company policies and regulatory requirements
Collaborates with people leader to perform complex compliance audits and reviews.
Completes the reporting process and the Market Conduct Annual Statement, including the company's federal AML, OFAC and IRS Form 8300 compliance efforts
Conducts the AML agent training programs and AML suspicious activity reporting to remain compliant
Collaborates with people leader to develop, update and implement compliance procedures and guidelines
Creates and delivers assigned compliance training programs for team members
Prepares assigned compliance reports and presentations for management
Develops and maintains compliance-related documentation and records
Performs updates to existing product forms based on identified changes
Partners with people leader to complete assigned new product forms development and enhancements
Prepares final approved versions of product forms for state filing and coordinates the submission of the final approved versions through National Associate of Insurance Commissioner's (NAIC) system for Electronic Rate and Form Filing (SERFF) as assigned
Performs analysis of assigned compliance issues or concerns including consumer complaints and state insurance department inquiries
Assists with responses to inquiries and works with department management on appropriate response and resolution
Helps monitor complaints for trends or non-compliance with market conduct guidelines and helps maintain complaint files per state regulations
Education & Experience:
Bachelor's degree in business, finance, or related field or equivalent relevant experience
One years of experience in a compliance, regulatory or related field
Experience in life insurance and annuity preferred
LOMA or similar designations preferred
Knowledge, Skills, & Abilities:
Good knowledge of life insurance and annuity terminology and laws and regulations that establish relevant compliance standards preferred
Good knowledge of insurance products and practices with the ability to comprehend and react to regulatory changes preferred
Good interpersonal skills with the ability to foster a cooperative work environment
Good knowledge of computer systems, programs and research techniques including Microsoft Office or similar software
Strong analytical and problem-solving abilities
Excellent verbal and written communication and customer service skills
Excellent organizational and prioritization
Our employment practices are in accordance with the laws that prohibit discrimination due to race, color, creed, sex, sexual orientation, gender identity, genetic information, religion, age, national origin or ancestry, physical or mental disability, medical condition, veteran status, active military status, citizenship status, marital status or any other consideration made unlawful by federal, state, or local laws.
All of our locations are tobacco free including in company vehicles.