Regulatory Compliance Analyst (Remote)

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SUMMARY: Reporting to the Compliance Manager, this position is responsible for ensuring MEM operates in compliance with applicable insurance laws and regulations in the states we do business in.   Regulatory Monitoring and Support Coordinate and submit all state regulatory filings as needed, including, but not limited to, annual rate, rule and form filings, business entity filings with the Secretary of State, NAIC license/expansion filings, biographical affidavits for directors and officers, and corporate governance annual disclosures.  Prepare or facilitate responses to regulator inquiries and objections to filings. Draft and edit policy forms, endorsements, notices and related correspondence for regulatory filing and approval. Monitor and communicate status of filings to internal business partners. Collaborate with internal departments to develop, implement, and maintain regulatory compliance policies and procedures. Serve on the Compliance Committee. Ensure the Committee regularly updates and maintains compliance with the Compliance Calendar. Ensure legal and regulatory changes are monitored and any business impacts are understood so system and other operational changes can be implemented to maintain compliance.  Provide compliance research and support to MEM for various regulatory jurisdictions as required. Respond to or coordinate responses to regulatory inquiries as required, such as complaints and market conduct inquiries.  Maintain required logs and documentation. Maintain relationships with associations or industry groups to stay abreast of regulatory requirements and industry compliance trends. Serve on the Emerging Risks Team to identify and mitigate new and emerging risks.   Regulatory Audit and Compliance Conduct risk assessments to evaluate product, compliance, or operational risks, providing assistance to the Compliance manager in developing risk management strategies. Conduct regular compliance audits and risk assessments, as designated by the portfolio of audit assignments, to identify potential regulatory issues. Resolve issues arising from audits and refer serious or contentious issues to the Compliance Manager. Working with the Compliance Manager, develop and implement corrective action plans to address any compliance deficiencies. Work with IT in the development of compliance training and education for MEM employees related to data security. Coordinate an annual data security breach exercise with the Data Security Incident Response Team and other relevant stakeholders to drive readiness.   QUALIFICATIONS: Education:  A bachelor’s degree in business administration, finance or a related field is preferred, not required.  Advanced degree a plus.   Designations/Certifications: An Institutes or AICP designation preferred (ARM, ARC, ACP, CCP).   Experience: 7- 10 years of professional experience in insurance operations and compliance/risk management.  3-5 years of experience researching state insurance laws, regulations and state license requirements and facilitating state insurance department filings.