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Product Compliance Analyst (Remote Home-Based Worker)

Company

Allstate

Address Chicago, IL, United States
Employment type FULL_TIME
Salary
Category Insurance
Expires 2023-08-16
Posted at 9 months ago
Job Description
The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good.


You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every employee to lead, drive change and give back where they work and live. Our people are our greatest strength, and we work as one team in service of our customers and communities.


Everything we do at Allstate is driven by a shared purpose: to protect people from life’s uncertainties so they can realize their hopes and dreams. For more than 89 years we’ve thrived by staying a step ahead of whatever’s coming next – to give customers peace of mind no matter what changes they face. We acted with conviction to advocate for seat belts, air bags and graduated driving laws. We help give survivors of domestic violence a voice through financial empowerment. We’ve been an industry leader in pricing sophistication, telematics, digital photo claims and, more recently, device and identity protection.


We are the Good Hands. We don’t follow the trends. We set them.


Job Summary:


The Product Compliance Analyst will be responsible for researching health, disability and life insurance laws and regulations to comply with both Group and Individual insurance. They will utilize their insurance knowledge to provide product expertise to various business units within the company. The Product Compliance Analyst will be responsible for preparation and submission of policy related forms to applicable insurance departments, responding to objections and question from the various insurance departments as related to the submissions. Upon approval, analyst will oversee implementation process of approved forms.


Key Responsibilities:


  • Review, prepare and submit more complex filings.
  • Be a subject matter expert on the team with broad process knowledge to suggest and influence change.
  • Prepare approved forms for implementation.
  • Ability to communicate with departments of insurance as well as work across internal department lines to ensure compliance with approved policy forms
  • Research law and regulations to prepare responses to objections.
  • Develop new policies and application forms for filing with all departments of insurance
  • Research and compile information for successful implementation of approved forms (Includes coordination with Underwriting, Marketing, Technology, Claims, etc.).


Supervisory Responsibilities:


This job does not have supervisory duties.


Functional Skills:


  • Knowledge of insurance related websites
  • Subject matter knowledge of state and federal insurance laws and regulations (preferred)
  • Strong organizational and multi-tasking skills due to high performance environment
  • Compliance background in the insurance industry (preferred)
  • Strong computer skills and Microsoft Office knowledge


Education and Experience:


  • 3 or more years of experience (Preferred)
  • Bachelors Degree OR equivalent experience


Certificates, Licenses, Registrations:


  • No Certification, License or Registration is required for the job.


Compensation offered for this role is $61,500.00-$75,000.00 per year and is based on experience and qualifications.


The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.


Good Work. Good Life. Good Hands®.


As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy. For a full description of Allstate’s benefits, visit allstate.jobs/benefits/


Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.


Allstate generally does not sponsor individuals for employment-based visas for this position.


Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.


For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.


For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.


To view the “EEO is the Law” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs


To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.


It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.