Product Compliance Analyst

At The Standard, you’ll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.
 
Ready to reach your highest potential? Let’s work together.

The Standard has completed the acquisition of the Employer[AM1] Voluntary Benefits business from Allstate. This deal enhances our competitive position in the market with a comprehensive offering of workplace benefits products and capabilities.

Job Summary

This position will be responsible for researching health, disability and life insurance laws and regulations to comply with both Group and Individual insurance. Utilize insurance knowledge to provide product expertise to various business units within the company. Consultant will be responsible for preparation and submission of policy related forms to applicable insurance departments, responding to objections and question from the various insurance departments as related to the submissions. Upon approval, analyst will implement approved forms.

PRINCIPAL ACCOUNTABILITIES / ESSENTIAL FUNCTIONS

• Identify process improvements based on customer or expert’s feedback.

• Ability to communicate with departments of insurance as well as work across internal department lines to ensure compliance with approved policy forms.

• Develop new policies and application forms for filing with all departments of insurance.

• Research and compile information for successful implementation of approved forms (Includes coordination with Underwriting, Marketing, Technology, Claims, etc.).

• Prepare approved forms for implementation.

• Research law and regulations to prepare responses to objections.

• Review, prepare and submit basic filings

Skills and Background You’ll Need

• Experience:  4 or more years of experience, including previous filing, compliance or insurance (life, supplemental health) experience

• Education:   Bachelor’s Degree (Preferred)

• In lieu of the above education requirements, an equivalent combination of education and experience may be considered.

Key Behaviors of a Successful Candidate

• Driving Success - Takes action, initiates activity, pursues ambitious goals with persistence and shows resilience in the face of obstacles and setbacks.

• Improvement Mindset - Continually seeks new ways to apply digital and non-digital solutions to drive innovation, efficiency, effectiveness and transformation to create business/customer value.

• Winning Together - Actively engages colleagues to achieve shared outcomes by developing trust, understanding diverse perspectives and pushing to examine and challenge ideas. 

Why Join the Standard?

We have built an enduring legacy of stability, innovation and financial strength thanks to the contributions of the talented, creative and compassionate people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• A rich benefits package including a 401(k) plan with matching company contributions

• An annual incentive bonus plan 

• Generous paid time off

• A supportive and responsive management approach

• Opportunities for career growth and advancement  

• Paid time off to volunteer 

• An employee giving program that double matches your donations to eligible nonprofits and schools

• Much more!

#LI-REMOTE

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.

Salary Range:

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.