Product Compliance Analyst I - Columbus, GA
Aflac is a Fortune 500 company and an industry leader in voluntary insurance products. The Product Compliance Analyst I role involves monitoring adherence to regulatory requirements and assisting in compliance processes under supervision, while also supporting document reviews and compliance issue reporting. Responsibilities Under direct supervision, monitors adherence to all applicable regulatory requirements, policies, procedures, and Compliance processes to ensure that the appropriate control environment is documented and tracked for assigned states; assists more experienced analysts in a variety of areas, including interpretation, monitoring, investigation, remediation, and reporting to develop knowledge and skill in Product Compliance; operates within the framework of established policies and procedures; consults with senior team members and management on complex issues Reviews documents within area of responsibility to ensure that content is in compliance with company, state, and regulatory agency standards and guidelines; prepares documents for submission to appropriate agencies within each of the state insurance departments or other federal and state agencies; communicates with state insurance departments to resolve issues, answer questions, and/or clarify interpretation of laws, regulations, and advertising filings or potential changes in business practices; provides advice and guidance to department management on the appropriate content Assists with certificate management and form maintenance; creates standard and custom forms as needed for assigned areas; maintains effective and accurate online records, databases, or manual filing systems that provide a quick-reference database for information on department activity and document/correspondence status Assists to interpret, monitor, and report compliance issues within the particular area of responsibility; is involved in a variety of routine functions including compliance interpretation and implementation, monitoring, investigation, remediation, and reporting, under the direction of a manager or senior analyst; assists the management and staff of the assigned business area or process in interpreting and applying Compliance and ethics policies and standards; undertakes fact gathering and investigation activity to monitor the effectiveness of implementation within area of responsibility Performs research for inter-departmental and intra-departmental partners to collect relevant information and stay abreast of legislative changes in the industry; reviews insurance laws and regulations, and works with team members to determine the impact on Aflac’s policies, services, and advertising material, etc.; assists with the implementation of new laws and regulations with business units Performs other duties as required Skills Basic knowledge of the insurance industry, including theory, application, products, processes, and terminology Ability to interpret complex language in state insurance laws and regulations Basic knowledge of NAIC Model Laws and Regulations Basic knowledge and understanding of Aflac's policy language, products, benefits, and limitations Intermediate knowledge and skills in Microsoft Excel and Word Bachelor's Degree in Business Administration, Liberal Arts, or a related field 0 to 2 years of job-related work experience Or an equivalent combination of education and experience Benefits Medical, dental, and vision coverage Prescription drug coverage Health care flexible spending Dependent care flexible spending Aflac supplemental policies (Accident, Cancer, Critical Illness and Hospital Indemnity offered at no costs to employee) 401(k) plans Annual bonuses Opportunity to purchase company stock 11 paid holidays Up to 20 days PTO to be used for any reason State-mandated sick leave Other leaves of absence, if eligible, when needed to support your physical, financial, and emotional well-being Company Overview Aflac is a company that offers individuals and companies supplemental disability insurance. It was founded in 1955, and is headquartered in Columbus, Georgia, USA, with a workforce of 10001+ employees. Its website is