Director of Compliance - Life Insurance - Philadelphia
- Employer
- General Placement Service
- Location
- Philadelphia, Pennsylvania
- Salary
- $110,000 - $140,000
- Posted
- May 25, 2017
- Closes
- Jul 24, 2017
- Category
- Legal / Compliance, Operations, Product Manager
- Job Type
- Full Time
- Career Level
- Manager
Our client is a well-recognized and respected Life Insurance Company that offers a suite of financial and insurance products. Their office is located in Philadelphia, PA but the company operates on a national scale. This opportunity in the compliance department is open due to succession and will be filled once a qualified candidate has been located. Contact me in confidence to learn more about this exciting opportunity.
As Compliance Director, you work within the Product Development department to ensure all products are kept in compliance within each state. This includes obtaining proper approvals, policy forms, documents and other files necessary to meet current legislative guidelines.
In this role, you will:
- Manage a staff of 5 Compliance Specialists and all administrative duties associated.
- Develop departmental policies and procedures and ensure compliance with them in the department.
- Manage department budget.
- Attend and provide input during Product Development related meetings.
- Oversee and resolve all issues relative to compliance issues.
- Interact with insurance department personnel and other insurance companies as needed.
To be qualified, you should have:
- 10+ years of experience within a life / health insurance company – primarily within the compliance / drafting / filing departments.
- 3+ years of management experience.
- Extensive knowledge and understanding of insurance products – including group, individual and blanket insurance theories – including annuities.
- Ability to interpret state and federal legislation and regulations.