Product Compliance Analyst

Product Compliance Analyst (State Filing Compliance)

Safeguard Assurant’s regulatory posture by overseeing state insurance filing activities and translating regulatory requirements into compliant product solutions.

Responsibilities

• Regulatory oversight: Review state insurance requirements and assess impacts on existing products.
• Policy forms: Draft, review, and revise policy forms to meet state-specific filing and regulatory requirements.
• Cross-functional partnership: Work with Business, Legal, Actuarial, Underwriting, Operations, and Claims to implement compliant product solutions.
• Filing management: Manage filings to support timely approvals while minimizing regulatory and operational risk.
• State regulator communication: Serve as a primary point of contact with State Insurance Departments; address questions, objections, and conditions to facilitate approvals.
• Documentation & audit readiness: Ensure decisions, approvals, exemptions, and records are well documented, defensible, and auditable.
• Regulatory governance & risk management:
  • Oversee preparation and submission of state compliance filings (consistency, quality, regulatory alignment).
  • Evaluate filing obligations and determine when exemptions apply; provide documented assessments for management approval.
  • Support governance activities such as company registration renewals and annual rate filings.
  • Support regulatory risk mitigation efforts (market conduct exams, litigation discovery, audits, and inquiries).
  • Meet state-driven deadlines to avoid compliance gaps and enforcement exposure.
• Operational execution:
  • Prepare and submit filings via SERFF and other required channels with completeness and accuracy.
  • Coordinate filing fees and required certifications to prevent submission delays.
  • Ensure internal systems (e.g., OSX and state filing systems) reflect status, approvals, and distributions.
  • Communicate approvals and requirements to relevant business and operational teams.

Requirements

• Associate’s degree
• 2 years of experience in the Property and Casualty insurance industry

Nice-to-haves

• Paralegal background or Insurance designation
• SERFF knowledge and/or experience submitting state filings

Skills

• Strong written drafting/editing and grammar skills; accuracy and attention to detail
• Proficiency with Microsoft Office Suite
• Ability to work with ambiguity and frequently changing priorities
• Time management and strong data entry skills
• Working knowledge of insurance terminology; ability to research industry regulation
• Willingness to learn new tools/processes and complete training courses
• Ability to balance compliance requirements with business strategy
• Strong interpersonal skills to work with internal teams, state regulators, and external representatives