Compliance Specialist

Our life insurance and annuities client in Durham, NC is looking for a Compliance Specialist to join their dynamic Legal and Compliance team. This person will stay updated on insurance laws, regulations, and industry trends to ensure compliance with all guidelines. You will support the development of compliance training programs and collaborate cross-functionally to update the company procedures. Looking for someone coming from a regulatory or compliance background in financial services or insurance domain with strong experience in regulatory research for this full-time direct placement hybrid opportunity with a competitive salary, full benefits, and a bonus / equity structure!

Responsibilities

• Researching and analyzing regulatory requirements that apply to our clients insurance products and policies.
• Respond to inquiries regarding compliance from both internal and external stakeholders.
• Prepare and submit regulatory reports, documentation, and prepare accurate records with all products offered.
• Assist in the review of all advertising materials to ensure compliance with regulatory requirements and product features.
• Respond to basic inquiries from regulatory authorities regarding reports.
• Research and correct any discrepancies.
• Communicate with regulatory authorities to resolve any reporting issues.

Qualifications

• 3+ years experience in one of these 3 backgrounds: 1) Regulatory and Compliance in Financial Services or Insurance 2) Paralegal Background 3) Anti-Money Laundering / KYC Experience
• Ability to be a compliance generalist for life insurance / annuities products
• Experience in regulatory research is required
• Hands-on experience with and knowledge of insurance and financial services regulations
• Strong technical writing experience
• Professional Insurance Designations (ACS, AIRC, ALMI) or ability to get one during first 24 months on the job
• Ability to analyze complex regulatory requirements and effectively communicate them to stakeholders.
• Understanding of document management systems like: Jira, confluence, netdocs, sharepoint