Compliance Specialist- Associate

 Posted an hour ago
     
0-2 years experience
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AI Summary

The Compliance Specialist is responsible for managing the end-to-end regulatory change process, including monitoring, analyzing, and communicating new laws to relevant business areas. They also conduct compliance audits, support investigations, and coordinate with stakeholders to mitigate risks and ensure adherence to industry standards.

Established in 2021, Independence Pet Holdings is a corporate holding company that manages a diverse and broad portfolio of modern pet health brands and services, including insurance, pet education, lost recovery services, and more throughout North America.

 

We believe pet insurance is more than a financial product and build solutions to simplify the pet parenting journey and help improve the well-being of pets. As a leading authority in the pet category, we operate with a full stack of resources, capital, and services to support pet parents. Our multi-brand and omni-channel approach include our own insurance carrier, insurance brands and partner brands. 

Job Summary:


Independence American Insurance Co is seeking an Associate Regulatory Compliance Specialist who will report to the Director, Compliance. The Associate Regulatory Compliance Specialist is responsible for end-to-end support of regulatory change management process; including monitoring the regulatory landscape for new and changed laws; analyzing laws, and communicating regulatory changes to applicable areas within the organization. Responsible for tracking implementation evidence of compliance related to communicated laws. Supports compliance investigations and reviews, tracking all relevant documentation.

Job Location: Remote – USA
  

Main Responsibilities:  

  • Facilitates review of laws, making determinations of applicability for our organizations
  • Distills and communicates law requirements to business relationship owners to ensure compliance with law, including ensuring that regulatory standards are applied to organizational policies, procedures, and/or products
  • Maintains a repository of knowledge related to regulations and regulatory changes relevant to the industry and the organization
  • Coordinates with business relationship owners and vendors to train, educate, mitigate compliance risks, and drive industry best practices
  • Contributes to monitoring and auditing workplans through work and through identification of areas of potential non-compliance; may conduct monitoring, auditing, and surveillance of operational functions, reports, and corrective actions
  • Collaborates as needed on compliance related questions, complaints, and incidents
  • Manages timelines and deliverables; coordinating and evaluating work responses; analyzes and communicates business impacts and potential risks to leadership
  • Performs other duties and responsibilities as assigned

Basic Qualifications:  

  • Associate’s Degree or equivalent work experience (one-year relevant experience is equivalent to one-year college).
  • 1-year internal audit, legal, compliance, insurance, government program, and/or relevant experience
  • Relevant experience considered would be:
    • Health Insurance Compliance
    • Property & Casualty Insurance Compliance
    • Health Care Compliance
    • Law Office Law Review
    • Consulting for companies such as NILs Insource, Lexis Nexis, West Law etc
  • The following experience is not translatable and would not be considered as relevant experience:
    • Banking Compliance
    • Higher Education Compliance
    • Privacy and IT Security Compliance
    • Manufacturing Compliance
    • Biomedical Compliance

Expected Hours of Work:

  • This is a full-time position: Days and hours to be determined by needs of business.  Hours to be determined between employee and leader

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All of our jobs come with great benefits including healthcare, parental leave and opportunities for career advancements. Some offerings are dependent upon the location of where you work and can include the following:

  • Comprehensive full medical, dental and vision Insurance

  • Basic Life Insurance at no cost to the employee

  • Company paid short-term and long-term disability

  • 12 weeks of 100% paid Parental Leave

  • Health Savings Account (HSA)

  • Flexible Spending Accounts (FSA)

  • Retirement savings plan

  • Personal Paid Time Off

  • Paid holidays and company-wide Wellness Day off

  • Paid time off to volunteer at nonprofit organizations

  • Pet friendly office environment

  • Commuter Benefits

  • Group Pet Insurance

  • On the job training and skills development

  • Employee Assistance Program (EAP)

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