Description:
As Chief Compliance Officer and Assistant General Counsel you will analyze the manner in which applicable laws and regulations will be incorporated into An Insurance Company business operations. You will be responsible for corporate compliance programs, and identifying, monitoring and coordinating company responses to proposed and enacted regulations/legislations. You will assist the EVP General Counsel with corporate legal matters including research, litigation work, corporate records and contracts. This role will act as An Insurance Company AML officer and the head of the SIU, as well as the Chief Privacy Officer. Additionally, this role with work with the CISO in Cybersecurity compliance and ERM matters.Your responsibilities will include:
- Identify and monitor key state and federal legislation impacting the company and its operating departments and prepare written responses as necessary
- Identify, monitor and assist in coordinating the actions taken by regulatory agencies, attorneys, association representatives and lobbyists engaged to represent our interests, and coordinate these actions with other preneed insurers and industry efforts.
- Responsible for the compliance activities of the company's operating departments, including research, and advice regarding compliance matters and maintains related research and documentation.
- Prepares written testimony and position papers for submission to legislative bodies, state insurance departments, and other regulatory agencies.
- Point person for compliance functions in government relations with other companies, other company personnel and departmental personnel.
- Performs primary research on compliance and state regulatory issues. Maintains and updates appropriate data bases impacted by changes.
- Heads up the Company's fraud investigation and reporting unit, including the monitoring of regulatory changes and meeting reporting requirements. Prepares the response to all legal inquiries regarding fraud claims, reviews of possible fraud claims, false death claims and investigation of possible problems with agent defalcations.
- Prepares briefs, on issues researched, to various entities for the purpose of making subsequent decisions.
- Assists in the drafting of agreements and other legal documents for all departments within the company including marketing agreements, agent contracts and commission schedules.
Requirements:
- Education: Possess a Juris Doctor (JD) degree and have successfully passed the Iowa Bar Exam.
- Experience: 10+ years of experience in in-house legal/compliance, preferably with insurance company. Possess the ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret complex and potentially conflicting data from a variety of sources. Government relations experience preferred.
- Communication skills: Must have excellent written and oral communication skills and the ability to write in a clear and consistent manner.
- Computer skills: Proficient in using Microsoft Outlook, Word, Excel. Perform legal and compliance research on the web.
- This position is a home office position.