Regulatory Compliance Specialist

Regulatory Compliance Specialist

The Regulatory Compliance Specialist position is a part of Companion Life's Regulatory and Market Conduct Team within the Compliance Department. In this role, you will assist in developing and executing strategies to promote compliance within the company, including monitoring regulatory developments, assisting with market conduct examinations, and handling statutory data calls and submissions. Companion seeks applicants with experience in insurance compliance for ancillary products. Applicants with extensive network compliance experience are especially encouraged to apply. Companion Life is a growing insurance company with sales of ancillary and health products in 52 jurisdictions and numerous subsidiary companies.

Location : This position is full-time (40-hours / week) Monday-Friday and will be REMOTE in the United States. You will work an 8-hour shift scheduled during our business hours of 8 : 00AM-5 : 00PM.

What You'll Do :

• Drafts and revises contract filings to initiate formal approval process within the division. Ensures compliance of revisions with corporate and / or legal requirements.
• May participate in negotiations with state regulators to ensure all parties agree on final contract documents.
• Researches and interprets statutes and regulations, and bulletins to answer applicable questions or issues regarding regulatory compliance.
• Reviews legislative changes and assists in determining impact to division contracts. Incorporates necessary revisions into the workplace by facilitating the implementation of regulatory requirements.
• Coordinates resources to ensure all division materials are legally compliant with state and federal regulations. May review department materials and / or plan program materials for compliance and quality.
• Ensures all documents are properly placed on both internal and external websites in an accurate and timely manner.
• Acts as liaison with compliance area, other divisions, and government agencies.
• Ensures compliance with applicable contract provisions and government regulations.
• May conduct internal and external compliance reviews and audits. Identifies necessary improvements.
• Investigate and resolve compliance issues.

To Qualify for This Position, You'll Need :

Required Skills and Abilities :

BlueCross BlueShield of South Carolina and our subsidiary companies maintain a continuing policy of nondiscrimination in employment to promote employment opportunities for persons regardless of age, race, color, national origin, sex, religion, veteran status, disability, weight, sexual orientation, gender identity, genetic information or any other legally protected status. Additionally, as a federal contractor, the company maintains Affirmative Action programs to promote employment opportunities for minorities, females, disabled individuals and veterans. It is our policy to provide equal opportunities in all phases of the employment process and to comply with applicable federal, state and local laws and regulations.