Product & Regulatory Compliance Consultant - Remote

The Product & Regulatory Compliance Consultant (or Sr. Analyst, depending on experience) ensures our group insurance products and processes adhere to federal/state regulations. You'll lead compliance activities, work alongside product development, and provide regulatory analysis to support our business. The position level will be determined based on your experience and qualifications.

WHAT WE CAN OFFER YOU:

• Estimated Salary (Levels have variable responsibilities and qualifications):
  • Sr. Product & Regulatory Compliance Analyst: $74,000 - $95,500 plus annual bonus opportunity.
  • Product & Regulatory Compliance Consultant: $84,500 - $125,000, plus annual bonus opportunity.
• 401(k) plan with a 2% company contribution and 6% company match.
• Work-life balance with vacation, personal time and paid holidays. See our benefits and perks page for details.
• Applicants for this position must not now, nor at any point in the future, require sponsorship for employment.

WHAT YOU'LL DO:

• Compliance & Risk Management: Research, and review insurance products and services to ensure compliance with laws and regulations. Prepare risk mitigation proposals and support product development.
• Regulatory Analysis & Document Coordination: Review and interpret laws to determine business impact, guide the distribution of compliance-related documents, and ensure timely implementation.
• Solutions-Based Approach: Work with business partners to understand needs and deliver unique solutions to challenging business problems.
• External Engagement: Develop external contacts and participate in trade associations to benchmark laws and anticipate trends in the field.
• Team Engagement: Provide compliance support to cross-functional teams and corporate initiatives to implement process and system changes in line with regulatory requirements. You may manage/lead a team of other compliance individuals.

WHAT YOU’LL BRING:

• Product Knowledge & Experience: At least 5 years of life or health insurance experience with extensive understanding of insurance policies, practices, procedures, product design, and development, including regulatory interpretation.
• Regulatory Insight: In-depth knowledge of federal and state insurance laws, with the ability to communicate effectively with regulators and familiarity with SERFF or other state filing portals.
• Effective Communication: Present information clearly and respond to questions from brokers, field representatives, and employees.
• Resilience Under Pressure: Maintain performance under tight deadlines and rigorous questioning.
• Analytical & Negotiation Skills: Advanced planning, organization, decision-making, and negotiation skills, with seasoned analytical ability and sound judgment.
• You promote a culture of diversity and inclusion, value different ideas and opinions, and listen courageously, remaining curious in all that you do.
• Able to work remotely with access to a high-speed internet connection and located in the United States or Puerto Rico.

PREFERRED:

• Group Insurance Experience: Experience with group insurance products including dental and vision, with a background in compliance including regulatory relations.
• Legal Expertise: Juris Doctorate (J.D.).
• Previous people leadership experience.

We value diverse experience, skills, and passion for innovation. If your experience aligns with the listed requirements, please apply! 

If you have questions about your application or the hiring process, email our Talent Acquisition area at careers@mutualofomaha.com. Please allow at least one week from time of applying if you are checking on the status.

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