What are the responsibilities and job description for the Compliance Specialist I or II position at Armed Forces Insurance?
Compliance Specialist I or II
Starting Pay $43,000 to $49,500 Compliance Specialist I
Starting Pay $49,000 to $58,000 Compliance Specialist II
Starting Pay $43,000 to $49,500 Compliance Specialist I
Starting Pay $49,000 to $58,000 Compliance Specialist II
What we are looking for…
The Compliance Specialist I/II prepares, submits, and coordinates the internal implementation of rate, form and rule filings for all AFI lines nationwide, ensuring compliance with state regulatory requirements. This position is the entry-level position in the Compliance Specialist Career Path.
Core Functions…
Core Functions…
- Prepares fully documented submissions of rate, form, and rule filings to regulatory agencies and bureaus
- Monitors changes to state insurance regulations and provides notification of regulated rate, rule, or form changes to department processors for distribution to impacted AFI departments. Coordinates implementation schedules to maintain regulatory compliance
What’s a typical day look like…
- Compiles all information required to develop fully documented rule and form filing recommendations for review by AFI management and state regulatory authorities;
- Analyzes regulatory bulletins and circulars to determine potential impact of pending changes on AFI operations and automated systems;
- Communicates directly with state insurance departments as necessary to request additional information, provide clarification or justification for requested action, and to facilitate implementation of requested actions;
- Maintains current knowledge of appropriate state filing documentation and formatting requirements so as to expedite processing of requested actions;
- Creates, distributes, and maintains required documentation (both system and hard-copy) relating to completed actions. Ensures AFI’s continuing regulatory compliance by coordinating with department processors to implement changes that impact AFI operating units;
- Performs other duties as assigned in support of the unit and company objectives.
QUALIFICATIONS
What’s required to be considered…
What’s required to be considered…
- Compliance Specialist I
- High school diploma or GED
- One year of satisfactory job performance in a position with AFI, or two years of relevant work experience
- Associates Degree may be substituted for this requirement
- Compliance Specialist II
- Associate’s Degree in relevant field
- One year of satisfactory job performance in a position with AFI, or two years of relevant work experience
- BA/BS Degree may be substituted for this requirement
- Both Roles Require
- Excellent verbal communications skills
- Excellent written communications skills, to include the ability to produce well-documented recommendations for approval by AFI management and consideration by insurance regulators
- Working knowledge of MS Outlook
- Detailed knowledge of MS Word and Excel
- Keyboard skills of at least 30wpm
- Ability to learn to utilize AFI’s computer systems and complex query tools for data access and entry
- Ability to perform basic math functions to include calculation of percentages and ratios
- Ability to quickly gather and analyze information needed to determine appropriate action on compliance issues
- Demonstrates sound judgment and decision-making skills
- Ability to accomplish work according to established priorities and procedures
- Ability to coordinate with other units/departments and to guide the work activities of other unit staff
Who are we and what we’re about
Since 1887, Armed Forces Insurance (AFI) has existed with a single, unwavering purpose: To protect the people who protect our nation. For more than 135 years, we’ve provided home insurance, renter insurance and auto insurance and much more to our members. We proudly serve active, retired and former military personnel, their families and civilian Department of Defense and Veterans Administration employees.
AFI is a family friendly organization offering competitive compensation, an outstanding work environment and great benefits. AFI is headquartered in Leavenworth, Kansas approximately 20 minutes from the Legends.
Since 1887, Armed Forces Insurance (AFI) has existed with a single, unwavering purpose: To protect the people who protect our nation. For more than 135 years, we’ve provided home insurance, renter insurance and auto insurance and much more to our members. We proudly serve active, retired and former military personnel, their families and civilian Department of Defense and Veterans Administration employees.
AFI is a family friendly organization offering competitive compensation, an outstanding work environment and great benefits. AFI is headquartered in Leavenworth, Kansas approximately 20 minutes from the Legends.
Benefits
- Full benefits package including health, dental, vision, life & disability insurance including an employee assistance program (EAP)
- 401(k) including employer match & safe harbor contributions
- Generous paid time off policy, medical leave, volunteer time off and 9 paid holidays
- We support employee training and professional development opportunities with a tuition reimbursement program and continuing education and re-certification opportunities
Salary : $43,000 - $58,000