Senior Associate, Compliance Operations

 Job Requisition ID: 91600 

Location Designation: Fully Remote 

Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life’s legacy of being there when we’re needed most. Here, you'll design, implement, and support these solutions directly impacting employees’ lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.

Role Overview:
 

This position is responsible for the evaluation, analysis, and ongoing monitoring of all new and updates compliance and regulatory changes in support of business operations, product solutions marketing activities, group product compliance, and form filing and annual certification compliance.
This role collaborates with Corporate Regulatory, Legal and other Group Benefit Solutions business areas ensuring operational state and federal compliance. The ideal candidate will have a strong understanding of insurance laws, regulatory frameworks, and industry best practices.

What You’ll Do:

• Monitor and analyze state and federal insurance regulations, ensuring compliance with all applicable laws.
• Responsible for the research and documented analysis of state and federal laws which impact Group Life, Health and Supplemental products.  
• Monitor and state compliance trends impacting Group Insurance products and provide analysis.
• Research and interpret regulatory requirements, providing guidance to internal teams on compliance matters.
• Assist in the development and implementation of company policies, procedures, and training programs to align with regulatory changes.
• Prepare and submit regulatory filings, license renewals, and compliance reports to relevant authorities.
• Collaborate with internal stakeholders, including legal, underwriting, claims, and operations, to address compliance risks.
• Conduct compliance audits and risk assessments to identify potential regulatory issues.
• Track and report on emerging industry trends, legislative updates, and regulatory developments.
• Maintain records and documentation of compliance activities, ensuring accuracy and accessibility.
• Support responses to regulatory inquiries, examinations, and audits from state insurance departments and other agencies.
• Assist in developing and enhancing compliance monitoring tools and systems.
• Owns the evaluation and analysis of new and existing compliance and regulatory changes; communicates implications of regulatory mandates and changes in state laws impacting Group Benefit Solutions products and advise on applicability and impact to internal business area operations.
• Provides …