Compliance Advisor (Operations & Regulatory)
ABOUT US
Bestow is the leading digital platform for life insurance. As both a direct-to-consumer destination and an infrastructure provider, Bestow is on a mission to make life insurance accessible to millions of underserved families.
We ideate fast, embrace change, and take risks. As a rapidly growing tech startup, we look for the best talent out there and try to stay out of their way. From scaling our business model to expanding our offerings, the day-to-day at Bestow offers endless professional growth opportunities. The people who succeed here look for problems and solutions. They are both passionate about their ideas and open to having their mind changed.
In the end, we value the same things our customers do: family. So we strive for work-life balance and believe happy employees make for better experiences and happier customers. It’s a model that helped us land the #2 spot on Forbes’ Best Startup Employers 2021 list. Boom!
Reporting to our Chief Compliance Officer, the Compliance Advisor will enjoy an exciting and dynamic opportunity to enhance Bestow’s state-of-the-art compliance program.
Your high impact role will help formulate a world class compliance program for Bestow customers, employees, and contractors, thereby fostering continued trust in the Bestow brand from customers, regulators, and employees alike.
We would like this person to be located in one of our office locations: Des Moines, IA, Dallas, TX or Austin, TX
ABOUT THE ROLE
- Execute and ensure appropriate coordination in Archer GRC Platform for governance, risk and compliance matters with Bestow enterprise clients.
- Execute test plans, scenarios, scripts or procedures, and test system modifications to prepare for implementation of life insurance applications, letters, policies and forms.
- File forms, rates and templates, as required, in SERFF and/or other required regulatory filing systems.
- Maintain entity licensing for life insurance carrier, TPA and Bestow appointed agents.
- Respond to inquiries from state and federal regulatory agencies.
- Maintain database and other reference materials related to legislative and regulatory issues and compliance.
- Communicate state and federal requirements as needed within the Company.
- Assist in the identification, analysis and resolution of compliance issues.
- Technical writing of, and revisions to, policy forms to ensure compliance with regulatory standards.
- Educate and help direct the review of state and federal regulatory compliance requirements to include analysis of business impact/operational risk assessment for enacted laws/regulations and recommended company compliance actions to ensure regulatory compliance.
ABOUT YOU
- Working knowledge of laws and/or regulations in area of forms compliance.
- 7+ years working exclusively with a life insurance carrier. Proficiency with Archer, Confluence, SERFF, NIPR, Sircon/Vertafore, & Dropbox.
- Proficiency with MS Office (Excel, Powerpoint, Word)Excellent communication skills.
- Lead by example and shares knowledge/skills with team members
- Strong organizational skills
- Ability to work independently with great sense of urgency.
- Adaptable/flexible -- enjoys doing work that requires frequent shifts in direction.
- Detail-oriented -- need to be able to focus on the details of work but not lose sight of the bigger picture.
- Bachelor's degree required.
TOTAL REWARDS
- Competitive salary
- Open PTO plan
- 100% paid premiums for medical, dental, and vision insurance
- Annual bonus based on individual and company performance
- Generous equity grant based on level
- Flexible work-from-home policy and open to remote
We value diversity at Bestow. We hire, recruit, and promote without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, pregnancy or maternity, veteran status, or any other status protected by applicable law. We understand the importance of creating a safe and comfortable work environment and encourage individualism and authenticity in every member of our team.
Bestow does not sponsor applicants for work visas at this time.