Compliance Specialist II

Overview

Why AAA Life

AAA Life is a respected and trusted American brand that has been focusing on Life Insurance and Annuity Products since 1969. At AAA Life we have over 1.8 million policies where we take pride in earning the trust of our policyholders who understand our promise to be there for them – and their families – when we’re needed most. By joining the AAA Life team, you are joining a company that genuinely cares about helping each other, with a devotion to protect the lives of those around us. We embrace a diverse, equitable, inclusive culture where all associates can feel a sense of belonging and use their unique talents and perspective to influence, innovate, motivate, and thrive.

How You’ll Work

• Work Solution: Hybrid

Responsibilities

Operating within the core values and operating principles of the Company, the Compliance Specialist II provides support to the development and ongoing administration of a compliance process that will allow AAA Life to sell life, accident, and health insurance products in all necessary states. 

• Participates in and supports corporate strategic projects. Provides research, support and ongoing awareness of compliance issues that arise in project implementation.
• Prepares compliance reports for management. Assist in the preparation of compliance reports for the Board of Directors. 
• Research and evaluate state and federal insurance laws to implement appropriate procedures for home office, clubs, and agents to assure the Company and Clubs are in compliance in all states.
• Develops strategies and tools to improve compliance within Company.
• Coordinates company efforts to maintain best practices and stays abreast of Compliance and Ethics Forum for Life Insurers (CEFLI) recommendations.
• Establishes or recommends appropriate procedures for Compliance and other AAA Life departments, to ensure that such procedures support the principles and the ethics espoused by CEFLI.
• Provides training and guidance to more junior staff.
• Specific duties may include any of the following:
• Working with policy owners and various business units to assess complex compliance issues and determine appropriate solutions.
• Drafting compliance communications.
• Researching and coordinating the resolution of customer complaints.
• Reviewing marketing materials, policy forms, business communications and business processes for compliance.
• Drafting or filing policy forms or advertising.
• Creating compliance trainings, as needed.
• Leading or assisting with projects or tasks to conserve business and increase persistency.

Qualifications

• Bachelor’s degree or equivalent experience required.
• Minimum of two (2) years’ experience required in the Compliance, Internal Audit, or Legal Department of an insurance or financial services company.
• Completion of LOMA courses 1, 2 and 3 required within 24 months of accepting position; AIRC designation preferred.
• Project management experience preferred.
• Strong analytical skills to review, interpret, and communicate regulatory requirements.
• Excellent communication skills to convey regulatory information to others both written and verbal.

While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands to finger, handle, or feel, talk, hear and concentrate. Specific vision abilities required by this job include close vision, distance vision, depth perception, and ability to adjust focus.

This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodation will be made for otherwise qualified applicants as needed to enable them to fulfill these requirements.

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

AAA Life Insurance Company does not offer immigration sponsorship for this position. This includes visa types such as H-1B, TN, and STEM OPT. Please do not apply if you currently require or may require employer-sponsored immigration support now or in the future.