Compliance Counsel - Life Insurance Company Job at Larson Maddox, Kansas City, MO

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  • Larson Maddox
  • Kansas City, MO

Job Description

A Family-Owned Life Insurance company is seeking an experienced Compliance Counsel to join their team. This individual will be responsible for overseeing a wide variety of legal and compliance responsibilities, including federal insurance compliance, insurance product compliance, AML, and general corporate matters.

Reporting directly to the Head of Legal, this role is a managerial position that offers high visibility across the business, working closely with senior leadership on strategic initiatives, and internal/regulatory compliance related matters. The firm is fully on-site in Kansas City, MO, offers industry leading benefits and a strong company culture with low turnover rates.

RESPONSIBILITIES:

  • Perform legislative reviews and monitoring of all laws and regulatory changes that impact compliance and procedures for the products and services.
  • Maintain AML procedures, coordinating with accounting, claims and customer service departments, agent communications including standards of payment, etc.
  • Assist marketing and product control in the evaluation of new products/ideas and identify regulatory and filing issues that may impact the programs.
  • Provide legal support and assistance to marketing, product development, contracts department, and more.
  • Monitor and communicate changes to policy form and rate filing requirements across various states, ensuring products are compliant with relevant regulatory requirements.

QUALIFICATIONS

  • Juris Doctor or equivalent and active membership to any US State Bar.
  • 5+ Years of Experience - strong preference for individuals familiar with the life and annuities space.
  • Managerial experience is preferred.
  • Strong communication skills, both written and verbal.Ability to work both independently and collaboratively

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