What are the responsibilities and job description for the Senior Contract Analyst position at Forrest T Jones & Company?
Position Summary
Responsible for drafting policy forms, product design, and review of sales materials relative to the applicable laws, regulations and administrative procedures. Keeps current on all new requirements or changes regarding product development, policy filings and administration of those products for inclusion in the necessary contractual arrangements.
This position entails utilizing compliance and legal skills and product knowledge with respect to insurance, services, and handling more complex legal/compliance projects in the legislative and regulatory framework.
Expectations
- Product Development – Policy formation and drafting relative to the laws and regulations of the applicable jurisdictions for various insurance products
- Create state specific policy forms adhering to state statutes while working closely with state insurance department personnel
- Researches and responds to states’ objections/questions via the SERFF and I File systems
- Assists in the implementation of and/or development of administrative procedures and communication of such when changes are required by law
- Review sales materials for compliance
- Miscellaneous research of legal and compliance issues
Competencies
- Excellent organizational skills and interpersonal communication skills (oral/written/listening)
- Proficiency in software applications, such as Word, Excel, Outlook, and Access
- Must be detail oriented and a self-starter with the ability to work independently
Requisites
- Bachelor’s Degree or equivalent industry experience
- 5 years’ experience with a variety of insurance products
- In-depth knowledge of Individual and Group, Life, A&H, Disability, Self-Funded and Annuity business, and the relating laws and regulations in all states
- Knowledge of marketing and administrative functions relative to the insurance laws and regulations
We offer comprehensive benefits to full-time employees including company-paid medical, STD, LTD and life insurance; plus voluntary dental, vision, life/AD&D insurance, 401(k) with company matching, generous paid time off and much more.
We encourage applicants of all ages and experience, as we do not discriminate on the basis of an applicant’s age.
ALL OFFERS OF EMPLOYMENT ARE CONTINGENT UPON PASSAGE OF A DRUG SCREEN AND BACKGROUND CHECK.