Compliance Analyst

1 month ago


Jacksonville, United States LotSolutions, Inc. Full time
Job DescriptionJob Description

The Compliance Analyst will assist with the ongoing administration of compliance to support the sale of products offered by Fortegra and its partners. Assist in the research and evaluation of state insurance laws, regulations, and bulletins as well as lender requirements to implement appropriate procedures to ensure compliance in all states and jurisdictions.

  • Assist in the product consumer form/contract review process (inclusive of service contracts for automotive and consumer goods, home protection, limited warranties, and motor club programs). Provide recommendations to Compliance management for improvements and utilization.
  • Proactively identify process/service improvement opportunities/efficiencies and make decisions or recommendations on the best course of action for new processes or procedures.
  • Conduct research to advise management and affected departments on potential risks.
  • Maintain database matrices of research for use by Compliance Department. Process national research projects, analyzing state legislature and regulatory insurance/service contract codes and constructing databases for easier readability.
  • Quality Assurance (QA) Audits including but not limited to: provider and administrator licensing, consumer form implementation, and insurance policy issuance.
  • Must be proficient in Microsoft Word, Excel and Outlook, with excellent document proofing skills.
  • Other duties as assigned.

The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.

Qualifications
  • BS/BA required or similar work experience
  • 3-5 years’ experience in insurance, corporate compliance, or legal field
  • Experience as a Paralegal a plus
  • Ability to work well both independently and in a team environment
  • Ability to perform varied tasks using computers, web-based programs and mainframe administrative systems
  • Ability to analyze issues, problem solve and recommend actionable responses
  • Ability to communicate and interact appropriately and professionally with internal/external customers, executive management and state departments examiners in writing, in person and on the telephone
  • Self-motivated, ability to work independently and to preserve and protect proprietary and confidential information

Additional Information:

Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.



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