What are the responsibilities and job description for the Product Regulatory Analyst, Paralegal position at Reinsurance Associate Inc.?
Company Description: Wise F&I delivers industry-leading administration services for automotive F&I-related, voluntary protection products such as VSC, Appearance, Tire & Wheel, Key Replacement, GAP and Theft-deterrent protection. We process and adjust claims for these contracts within programs that are underwritten by only Excellent (A- or better) rated Insurance Carriers. As a rapidly growing automotive F&I product provider with over 30 years of continuous operation in the Automotive F&I space, our operating partners include seasoned Insurance Agents, national Lenders and their client Automotive Dealers.
Primary Job Function: The primary responsibilities of the Product Regulatory Analyst include i.) submitting Company's contract forms to State Regulators as applicable and obtaining applicable state approvals; and, ii.) submitting Company's contract forms to Lenders and third-party compliance entities as applicable and obtaining applicable approvals. Additional responsibilities include effectively managing Company's relationship(s) with State Regulators, Lenders and third-party compliance entities; in addition to, providing ad-hoc troubleshooting support to other Company departments when requested. Secondary responsibilities (as time allows) may include assisting with the Company's licensing renewal processing. Occasional travel (< 10%) may be required.
Job Responsibilities / Tasks include:
- Manage the state regulator submission / approval process for company forms (consumer contracts), across all product programs.
- Using the Company's CRM, develop, manage and maintain the Company's relationship(s) with applicable state regulator personnel.
- Communicate any changes or additions to the list of state-approved approved forms to applicable Company personnel.
- Manage and maintain the database of state form approvals including which states allowed for each form.
- Manage the lender submission / approval process for company forms (consumer contracts), across all product programs.
- Using the Company's CRM, develop, manage and maintain the Company's relationship(s) with applicable Lender personnel.
- Communicate any changes or additions to the list of Lender approved forms to applicable Company personnel.
- Manage and maintain the database of lender approvals including states allowed for each form.
- Maintain all applicable State or Federal licensing/registrations for the Company, Company affiliates, and Company personnel.
- Timely complete and submit annual reports and/or licensing or registration renewals with the various States.
- Develop and maintain a database of all governmental departments where licensing for Company is required.
- Using Company's CRM, track dept. contact information, licensing type & requirements and licensing status.
Required Skills / Experience:
- Associates Degree (or higher) with a relevant major
- Experience with state insurance licensing and form filing management
- Strong communication and research skills
- Excellent observation and critical thinking abilities
- Microsoft Office familiarity including Outlook
- Proactive (can-do) attitude
- Aptitude and desire for learning
- Commitment to excellence
Comprehensive Benefits:
- Competitive hourly wage (40 hrs/week)
- Annual Performance Evaluation w/ Compensation Review
- Bright, Modern Work Spaces
- 9 Paid Holidays (per year)
- Paid Vacation Days
- 401K Retirement Plan (100% company match up to 4% of income w/ immediate vesting)
- Insurance - paid benefits include Health, AD&D, Life and L/T Disability
- Voluntary benefits include Dental, Vision, Life and S/T Disability
Convenient suburban location near intersection of I-270 and I-44 in southwest St. Louis County. We are an Equal Opportunity Employer.
Salary : $60,000 - $80,000