Product Compliance Associate

Posted Yesterday
Be an Early Applicant
3 Locations
In-Office
68K-92K Annually
Senior level
Insurance
The Role
The Product Compliance Associate ensures regulatory compliance for Coverys products, prepares filings, liaises with insurance departments, and collaborates with teams for effective compliance management.
Summary Generated by Built In

Position Summary

The Product Compliance Associate role will contribute to regulatory compliance of Coverys products including Property and Casualty, and Accident and Health lines of business.

This position will prepare and submit filings of policy forms, rates and rules in addition to completing insurance related research of statutes and regulations as they pertain to our products and filings.

Essential Duties & Responsibilities

  • Prepare, submit and track form, rate and rule filings across multiple jurisdictions Coverys insurance products.

  • Serve as the primary liaison with state departments of insurance, responding to inquiries, addressing objections, and coordinating amendments with accountability and professionalism.

  • Maintain detailed records of filing activity, including status updates, approvals, and objections.

  • Deliver clear reporting on filing timelines and outcomes to support compliance tracking, risk management, and business planning.

  • Work closely with actuaries, legal, and product management teams to ensure filings align with business objectives and customer needs.

  • Provide proactive guidance on filing requirements, setting expectations, and demonstrating agility by leveraging resources to resolve challenges efficiently.

  • Research, interpret, and provide feedback related to requests concerning regulatory guidelines.  Monitor state bulletins for changes related to our products that may impact filings or require updates.

  • Support evolving business needs, as applicable.

Education, Experience, Competencies & Values

  • Bachelor's degree from four-year college or university preferred

  • 5+ years of insurance industry knowledge and lines of business/products being filed.

  • Proficient knowledge of Adobe Acrobat and Microsoft Office applications.

  • Experience with SERFF (System for Electronic Rates & Forms Filing).

  • Excellent analytical and problem resolution skills.

  • Strong communication skills, both verbal and written.

  • Demonstrated attention to detail, procedures, deadlines, and quality results.

  • Experience with Division of Insurance or other state regulatory agencies, compliance environment, regulatory assessment.

  • Excellent time management skills, the ability to work independently and as part of a team, and flexibility in a deadline-driven environment.

  • Ability and willingness to travel up to 10% of the year.

Base salary range is $67,935 - $91,905. Individual compensation packages are based on a variety of factors that are unique to each candidate including location, skill set, experience, qualifications and education.

If you're a caring and customer focused individual who enjoys working with passionate team members, Coverys is the right company for you!

Skills Required

  • Bachelor's degree from four-year college or university preferred
  • 5+ years of insurance industry knowledge and lines of business/products being filed
  • Proficient knowledge of Adobe Acrobat and Microsoft Office applications
  • Experience with SERFF (System for Electronic Rates & Forms Filing)
  • Excellent analytical and problem resolution skills
  • Strong communication skills, both verbal and written
  • Demonstrated attention to detail, procedures, deadlines, and quality results
  • Experience with Division of Insurance or other state regulatory agencies, compliance environment, regulatory assessment
  • Excellent time management skills, ability to work independently and as part of a team
  • Ability and willingness to travel up to 10% of the year
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The Company
HQ: Boston, MA
659 Employees
Year Founded: 1975

What We Do

With healthcare’s constant complexities and distractions, it can be difficult to focus on patients. Coverys can help with proven medical professional liability insurance, data analytics, risk mitigation resources, and more. You can count on Coverys for protection and services that help you stay focused on improving clinical, operational, and financial outcomes.

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