Regulatory Compliance Counsel

11 - 15 years experience  •  Financial Services

Salary depends on experience
Posted on 08/16/17 by Erin King
Columbus, GA
11 - 15 years experience
Financial Services
Salary depends on experience
Posted on 08/16/17 by Erin King

* Residence in Columbus, GA, not required.

Spread Your Wings?

We are the Duck. We inspire and are inspired, listen and respond, empower our people, give back to our community and, most importantly, celebrate every success along the way. We do it all – The Aflac Way. 

Aflac, a Fortune 500 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America's best-known brands. Aflac has been recognized by Fortune magazine as one of the 100 Best Companies to Work For in America for 18 consecutive years, one of the Best Workplaces for Millennials in 2015 (the inaugural year of the award) and one of America's Most Admired Companies for 15years.

Our business is about being there for people in need. So, ask yourself: Are you the Duck? If so, there’s a home — and a flourishing career — for you at Aflac.

Principal Accountabilities

Managing compliance matters and regulatory relationships of all Aflac U.S. insuring operations including but not limited to complaint responses (Claim and Non-Claim), examinations (Market Conduct, Financial, Comprehensive and Targeted); Product and Rate Filing Support, Regulatory Counsel/Advice (Guidance, Alternatives, Solutions, Advocacy), Regulatory Filings (Annual Statements, Bulletins, Data Calls, Inquiries, Surveys), and Regulatory Outreach (DOI’s, NAIC, IRES, AICP, HHS, DOL, etc)

Provides strategic and tactical counsel to all US operations and management relating to regulatory matters; Formulates and advocates Company’s position on regulatory matters; Develops and maintains effective relationships with regulators to allow credible communications, proactive resolution of regulatory issues and to assure timely product and rate approvals

Shares primary responsibility for all of the Company's lobbying efforts advocating for our business interests with federal and state regulatory entities, industry associations, and the National Association of Insurance Commissioners (NAIC)

Serves as a key expert resource to public officials and associations as a method to advance Company’s business interests; Identifies and develops Company’s positions and lobbying strategies on priority regulatory issues and advances the Company's position on those issues to state and federal governmental authorities and within appropriate industry associations

Manages the Company's relationships with state and federal regulators generally; Assists with identification and evaluation of proposed legislation and regulations, including assessment of impact and development of appropriate response and effective advocacy

Shares responsibility for recommending and executing on state and regulatory activities; Provides direction to others, including business and management, regarding regulatory and public policy issues; Selects, assists and supervises outside counsel or other professionals as required

Partners with and supports efforts of the Company’s Government Relations, Internal Audit, and Risk officers

Travelrequired - minimum of 30%

Performs other duties as assigned

Scope of Responsibility

Regulatory Compliance

Qualifications

J.D. (lawdegree) plus admission to practice law in at least one jurisdiction required and a minimum of 10years of related experience including

Extensive knowledge and understanding of state, local and federal political systems and state and federal insurance regulation; solid knowledge and understanding of insurance issues and products, with particular focus on HIPPA excepted benefits and workplace benefit issues

Sound analytical skills with the ability to identify, evaluate and address proposed legislation/regulations, regulatory issues and/or vulnerabilities and their impact on the company

Core Officer Competencies

Strategic Agility, Managing Vision & Purpose, Perspective, Drive for Results, Business and, Financial Acumen, Learning on the Fly, Sizing People Up, Developing Direct Reports, Motivating Others

Core Competencies

Action Oriented, Customer Focus, Adaptability, Listening, Ethics and Values, Integrity and Trust

The Benefits

Aflac is known for treating our employees exceptionally well. As one of the leaders in the insurance industry, we’re able to offer one of the most comprehensive health benefits packages available in corporate America, including free coverage from one of our pioneering insurance products, the Aflac Cancer policy. Our employees also enjoy a host of other benefits, including advancement opportunities, opportunities for continued education and professional development, merit increases and performance bonuses, profit-sharing401(k), stock purchase plans, and many more.

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