Allianz Life Insurance

Regulatory Senior Compliance Analyst

Allianz Life Insurance$78K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years in regulatory compliance for Property & Casualty Insurance
  • Knowledge of P&C products and state regulations
  • Experience with rate, rule, and form analysis
  • Hands-on experience with SERFF and I-File software
  • Ability to analyze legislative impacts and devise action plans
  • Strong relationship-building skills across all organizational levels
  • Excellent verbal and written communication abilities
  • Willingness to embrace AI in enhancing compliance processes.

Responsibilities

  • File forms, rates, and rules to meet state regulatory requirements
  • Utilize automated software for regulatory filings
  • Collaborate with actuaries to provide supporting data for submissions
  • Ensure timely submission of regulatory documents
  • Negotiate approvals with state insurance departments
  • Maintain records of file numbers and requests from lines of business
  • Research and stay updated on filing requirements and regulatory trends
  • Track policyholder notification requirements and compliance
  • Advise on compliance issues related to underwriting and policy issuance.

Benefits

  • Comprehensive benefits package including performance-based incentives
  • Access to professional development opportunities
  • Commitment to diversity and inclusion in the workplace
  • Collaborative team environment with a supportive culture
  • Focus on emerging technologies such as AI to improve efficiency.
Full Job Description
We are looking for a Regulatory Senior Compliance Analyst in Alpharetta or O'Fallon

Your Team
The North America Product Governance Team supports and guides our business partners in product governance with US regulatory requirements in conjunction with Legal NA, including preparation of rates, rules, and policy forms for filing and negotiation of approvals. Our mission is to promote consistency between LOBs related to rates, rules and forms and help navigate the North American regulatory requirements to help facilitate speed to market for any product changes.

The Impact You Will Have
As Regulatory Senior Compliance Analyst, you are responsible for ensuring our admitted products for each writing entity are in compliance with government regulations through the submission of rate, rule and form filings to state Departments of Insurance via SERFF.

Some of your specific responsibilities could include:

  • Filing the forms, rates, loss costs and rules developed with state insurance regulators to comply with statutory requirements and to market to our policyholders.


  • Utilizing the NAIC (SERFF) and Florida I-File automated software application for filings.


  • Working with actuary staff and LoBs to develop statistically sound supporting data for filing submission.


  • Coordinating activities and ensuring timely submission of loss costs, rates, rules and form adoptions.


  • Negotiating approval with the state Departments of Insurance.


  • Maintaining StateFilings.com.


  • Maintaining record of form numbers by LoB and assigning new numbers as requested by line of business.


  • Researching filing requirements and staying informed regarding various procedures and processes that can impact the implementation and compliance of a new product or program.


  • Understanding deregulations guidelines by state.


  • Understanding and staying abreast of trends in the industry.


  • Tracking policyholder notice requirements, including maintaining knowledge of cancellation and nonrenewal requirements and where they can be found.


  • Advising on issues to ensure compliant underwriting and policy issuance as requested.


What You'll Bring to the Role:

  • A minimum of 5 years of experience working in regulatory and government relations for a Property & Casualty (P&C) Insurance Company, including knowledge of P&C products;


  • Experience reviewing and analyzing state statutes and regulations;


  • Experience performing rate, rule and form analysis;


  • Experience working with state regulators, rating bureaus and Departments of Insurance;


  • Strong understanding of regulatory processes and procedures including a background working in a compliance environment;


  • Strong knowledge of SERFF, I-File and the rate, rule and form filing process;


  • Ability to analyze legislative and regulatory requirements, determine their impact and provide an action plan to be implemented;


  • Ability to build and foster relationships across the organization with various levels of stakeholders;


  • Excellent verbal and written communication skills;


  • Ability to multi-task;


  • A willingness to learn and explore how AI can enhance your role and the broader organization is expected.


  • Years of work experience in a P&C Insurance company performing the duties of this role or a Bachelor's degree.


External applicants must be legally authorized to work in the United States without the need for current or future employment-based sponsorship. We are unable to sponsor or take over sponsorship of employment visas at this time, nor can we guarantee future sponsorship.

The annualized base pay range for this role is $78,000 - $110,000. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.

101939 | Product Management | Professional | Allianz Commercial | Full-Time | Permanent

What's in it for you?

Let's care about everything that makes you, you

We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.

Let's care for your financial wellbeing

We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.

Let's care for your opportunities to progress

From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.

Let's care for life's twists and turns

From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back.

Let's care for our society and our planet

With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.

Care to join us?

Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises. We also cover unique risks such as offshore wind farms, infrastructure projects and film productions. Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling. Allianz Commercial helps customers to prepare for what's ahead.

Learn more about careers at Allianz Commercial by clicking here.

Learn more about Allianz Commercial by clicking here.

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About Allianz Life Insurance

Allianz Life Insurance Company of North America is a leading provider of retirement solutions, including fixed and variable annuities and life insurance for individuals. The company is part of Allianz SE, a global financial services company that is headquartered in Munich, Germany. Allianz Life Insurance Company of North America was founded in 1896 and has been providing financial protection and retirement solutions to Americans for over 125 years. The company has a strong commitment to corporate responsibility and sustainability, and has been recognized for its efforts in these areas. Allianz Life Insurance Company of North America is a subsidiary of Allianz Life Insurance Company of New York, which is a wholly owned subsidiary of Allianz SE.
Learn more about Allianz Life Insurance
Size
142,460 employees
Industry
Founded
1890
NASDAQ

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