Compliance Manager (Remote, Us)

Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc.

Now is the perfect time to join the journey. Here’s why

• It’s working. We’re in multiple states and on our way to operating countrywide. We have thousands of agents selling our product and millions of dollars of annual customer premiums.
• It’s not too late! Despite this traction and stability, we’re still early enough in the journey that there’s time to make a real difference during Openly’s formative period.
• We’re well-backed & stable. We closed our $75M Series C fundraise. We are supported by some of the top investors globally, including Google’s “Gradient” AI-focused fund, Obvious Ventures (Beyond Meat, etc.), and Advance Venture Partners.

If you’d like to understand more about Openly’s mission, consider checking out this video (https://vimeo.com/267654520) from a company pitch we gave several years ago at Techstars.

Job Details

Openly is hiring a Compliance Manager to support our compliance function. Reporting to the Director of Compliance, the Compliance Manager will manage all aspects of the insurance regulatory compliance duties vital to the organization's success and compliance with applicable laws, regulations, and standards.

Key Responsibilities

• Manage regulatory and legislative change process, including monitoring, distribution and and developing necessary recommendations
• Assist with other projects and tasks as needed
• Conduct compliance tests or audits and report findings to compliance leadership
• Liaise with external authorities or governing bodies during examinations/inquiries
• Manage insurance product forms filings process from creation to filings and objections, and maintain library of Openly insurance product forms
• Recommend risk mitigation strategies, corrective action, or revisions to policies and procedures based upon findings from compliance testing, audits, regulatory exams, and/or industry trends to management
• Manage and administer policies and procedures that ensure compliance with applicable laws, regulations, and standards.
• Support the investigation of allegations of illegal, improper, or unethical conduct by employees or company representatives
• Implement compliance-related training sessions

Requirements

• Typically requires a bachelor's degree and at least 5+ years of experience, including some prior management or team lead experience
• Strong analytical and research skills
• Experience with supporting and developing repeatable processes
• Strong organization and project management skills, with the ability to collaborate effectively with people at all levels of the company
• Primarily focused on administering established policies and procedures but may have some impact on departmental budgeting, strategic planning, and procedural change
• Comprehensive knowledge of concepts and principles of insurance compliance including an advanced understanding of regulatory and legal requirements related to P&C personal lines insurance products
• Strong communication skills, both written and oral
• Ability to make sound decisions in a fast-paced environment

Benefits & Perks

• Company-sponsored medical, dental, vision insurance plans, short-term and long-term disability, life insurance, 401k with corporate contribution, and FSA plan
• Competitive salary, corporate bonus program, equity position in a start-up company
• Paid Time Off
• Fun, fast-paced, startup environment
• Company-paid 12 weeks parental leave policy
• The company fully embraces the “work-from-anywhere in the US” mentality, even before COVID restrictions.

U.S. Citizens, Green Card Holders, and those authorized to work in the U.S. for any employer and currently residing in the US will be considered.

Openly is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Openly is an E-Verify Employer in the United States. Openly will make reasonable accommodations for qualified individuals with known disabilities under applicable law.