Regulatory Compliance Analyst
Company: U-Haul - Oxford Life Insurance
Location: Phoenix
Posted on: April 21, 2025
|
|
Job Description:
The Regulatory Compliance Analyst supports the Compliance,
Actuarial, and Finance teams in the administration of Med Supp rate
filings, regulatory tracking, and policyholder communications. This
position assists in ensuring compliance with Medicare Supplement
regulations, coordinating with internal teams on state filings, and
maintaining documentation for regulatory approvals. This role is
ideal for an entry-level to early-career professional looking to
gain experience in Med Supp compliance and eventually grow into a
leadership position. Key Responsibilities: Regulatory Filings &
Compliance Support Assist in the preparation and submission of Med
Supp rate filings with state regulators. Monitor and track filing
deadlines, approvals, and required documentation. Research and
summarize regulatory requirements related to Med Supp pricing and
policyholder notifications. Support Compliance leadership in
responding to regulatory requests or objections. Cross-Department
Coordination Work closely with Actuarial and Finance to collect
data needed for rate filings. Assist in reviewing and drafting
policyholder notices related to rate changes. Support Operations
and Customer Service in implementing and explaining rate updates.
Track and document changes in compliance policies affecting Med
Supp products. Regulatory Monitoring & Reporting Monitor changes in
Med Supp regulations at both state and federal levels. Prepare
summaries and compliance updates for internal stakeholders. Assist
in compliance audits to ensure adherence to regulatory filings and
approved rates. Maintain organized records of all filings,
approvals, and correspondence with regulators. Qualifications:
Education: Bachelor's degree in Business, Finance, Insurance, Risk
Management, related field or related experience. Experience: 1-2
years of experience in insurance compliance, regulatory affairs,
actuarial support, or operations (Med Supp experience preferred but
not required). Skills: Basic understanding of insurance compliance
and state filing processes. Strong organizational skills and
attention to detail. Ability to analyze regulatory documents and
summarize key points. Good communication and teamwork skills.
Proficiency in Microsoft Excel and compliance tracking systems.
Growth Path: This role provides an opportunity to grow into a
Regulatory Compliance Manager or Senior Compliance Analyst with
additional experience and regulatory knowledge. Task Breakdown
(Daily, Weekly, Monthly) Daily Tasks: Track and update filing
deadlines and status. Assist in preparing filing documentation and
policyholder notices. Research regulatory changes and summarize
findings. Communicate with internal teams about compliance
requirements. Weekly Tasks: Support Med Supp Rate Committee
meetings by preparing compliance updates. Work with Actuarial and
Finance teams to ensure accurate filing submissions. Monitor
regulatory agency websites for any changes affecting Med Supp
rates. Monthly Tasks: Help draft compliance reports for internal
stakeholders. Assist in responding to regulatory inquiries or
objections. Maintain an organized filing system for regulatory
approvals. Employment Type: Full Time Bonus/Commission: No
Keywords: U-Haul - Oxford Life Insurance, Peoria , Regulatory Compliance Analyst, Professions , Phoenix, Arizona
Click
here to apply!
|