Job Requisition ID:91344
Location Designation:Fully Remote
Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life's legacy of being there when we're needed most. Here, you'll design, implement, and support these solutions directly impacting employees' lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.
Position Overview
The State and Regulatory Insurance Filer is responsible for preparing, submitting, and monitoring insurance-related filings with state regulatory authorities to ensure compliance with applicable laws and guidelines. This role requires a deep understanding of state-specific regulations, insurance forms, and filing processes. The ideal candidate will have experience in insurance regulatory compliance, strong attention to detail, and effective communication skills.
Key Responsibilities
1. Filing Preparation and Submission:
- Prepare and submit insurance product filings (rates, forms, rules) to state regulatory agencies using SERFF (System for Electronic Rate and Form Filing) or equivalent systems.
- Ensure all documentation adheres to state-specific filing requirements and guidelines
2. Regulatory Compliance:
- Monitor and interpret state regulations, bulletins, and changes to ensure filings meet current compliance standards.
- Collaborate with legal, product development, and compliance teams to align filing materials with regulatory requirements.
3. Correspondence with Regulators:
- Act as the primary point of contact with state departments of insurance regarding filing questions, objections, or required amendments.
- Resolve inquiries and objections efficiently while maintaining positive relationships with regulatory authorities.
4. Documentation and Reporting:
- Maintain accurate records of filing activities, statuses, approvals, and rejections.
- Generate reports to track filing timelines and outcomes to support compliance and business planning efforts.
5. Stakeholder Collaboration:
- Work closely with underwriters, actuaries, legal advisors, and product managers to ensure alignment between filings and business goals.
- Provide guidance to internal stakeholders on regulatory filing requirements and timelines.
Qualifications
- Education: Bachelor's degree in business, insurance, legal studies, or a related field (or equivalent experience).
- Experience: Minimum 5 years of experience in insurance regulatory compliance, filings, group benefits industry (Disability, Voluntary Benefits, PFML, etc.)
- Technical Skills:
- Proficiency in SERFF or similar systems.
- Familiarity with state-specific insurance regulations and product development.
- Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).
* Soft Skills:
- Strong analytical and organizational skills.
- Excellent verbal and written communication abilities.
- Problem-solving mindset and ability to work under strict deadlines.
Preferred Qualifications
- Experience working with multi-state filings or specialty insurance products.
Working Conditions
- Primarily office-based, with remote or hybrid potential depending on base location.
- May require occasional travel for industry events or regulator meetings.
Pay Transparency
Salary range:100,000-130,000
Overtime eligible:Exempt
Discretionary bonus eligible:Yes
Sales bonus eligible:No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by theFoundation.We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID:91344