Come join a winning team!

If you’re a compliance professional looking to make a difference, join us at Physicians Mutual Insurance Company! For passionate insurance professionals who want to make a difference, this is a tremendous opportunity.

The Product Approval & Compliance Coordinator II role analyzes and interprets state and federal laws, regulations, bulletins and, determines appropriate action steps needed and initiates activities necessary to effect compliance. Creates and drafts state special versions of policies, riders, applications and, arranges to file necessary documentation with State Insurance Departments to obtain required approval(s). Resolves situations involving objections from State Insurance Departments; redrafts forms when necessary and re-files with State Insurance Department; presents and negotiates Company positions through written and/or phone presentations or by personal visits.

What you will do in this role:

• Product filing; including negotiations with the state.
• Multiple annual and ad hoc state and Federal reporting.
• Advice and Guidance to our internal partners (Product Development, Customer Service Group, Distributions).
• Analyze and interpret state and federal laws; including updating internal resource materials as necessary.
• Research regarding government legislation and industry information relating to all coverage forms and procedures; responds to all inquiries relating to forms and business practices and conducts legislative and regulatory research.

JOB QUALIFICATIONS:

• Bachelor’s degree required.
• 4 - 6 years insurance experience with a variety of health, life or property and casualty products or general insurance industry.
• Prior experience with analyzing, judging and interpreting contract language and a general knowledge of insurance laws and regulations is preferred.
• Must demonstrate strong ability to exercise sound judgement, critical thinking and sound decision-making skills.
• Self-motivated and strong desire to achieve results.
• Strong verbal and written communication skills, along with the self-confidence and negotiation communication skills necessary for negotiations inside and outside the Company to assure that approval and compliance activities receive the required priority.
• Strong functional knowledge using Microsoft Office Suite.

About us:

Health. Life. Retirement. The Physicians Mutual family empowers people from all walks of life to enjoy the financial security they deserve. That’s what Insurance for all of us® is about.

The Physicians Mutual family includes Physicians Mutual Insurance Company and Physicians Life Insurance Company. Physicians Mutual Insurance Company offers reliable dental and supplemental health insurance (and now, pet insurance!). Physicians Life Insurance Company provides important Medicare Supplement and life insurance coverage. The company additionally offers coverage for funeral pre-planning to help meet the growing needs of funeral home owners and the families they serve.

Since our start in 1902, our dedication to delivering on our promise has helped make us one of the nation’s leading health and life insurance providers. In fact, we are rated in the top 1% of insurance companies. We consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings, ensuring we’ll be there for our policyowners and our employees far into the future.

But the achievement we’re most proud of? We have a 95% customer approval rating — a true sign of a company dedicated to embodying its vision.