PRODUCT COMPLIANCE ANALYST
Northwestern Mutual
Milwaukee WI 53205 US
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
What's the role?
We are looking for someone to join our high-performing, collaborative team of product compliance professionals. In this role you will work in conjunction with other Analysts, Specialists and Consultants within the Product Compliance Division as their key support in responsibility for drafting, compilation, state approval and production of Company forms that require state approval prior to being available for sale. In addition, the Product Compliance Analyst is responsible for creating, maintaining and providing policy, contract and other state-regulated company forms to support the operation of the business unit and other company operations.
You’ll leverage exposure to all of the products that the Company offers along with being part of the approval and implementation process of our products that are ultimately sold by our Financial Representatives nationwide. Your ability to learn quickly, be detailed oriented, and a desire to multi-task will set you up for success in this role and open the door to future career opportunities.
Primary Duties & Responsibilities:
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(55%) Provide appropriate tools and services to support the Product Compliance Management Team in the drafting and filing process of new product forms and changes to existing forms. Submit all necessary components to state insurance departments in 51 jurisdictions. Maintain and organize company policies, contracts, forms, and all other necessary records such as state filing requirements and procedures, information used for research and historical purposes, and procedures driven by regulatory change.
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(20%) Use developed knowledge and skills to analyze state submission requirements for electronic filings and determine the appropriate requirements for submission of state-regulated forms to gain state approval.
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(10%) Prepare company forms for production by naming components and uploading them to the company mainframe system. Update assembly instructions for changes as they occur and perform testing duties as requested.
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(10%) Develop final documentation of standard and state-specific company forms. Create and update electronic form repository to be used as a resource by internal company officials.
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(5%) Perform other miscellaneous duties and project work required to support the goals of the division.
Bring Your Best! What this role needs:
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Minimum educational requirements include a High School diploma with 2 to 4 years of experience in company contract design and production demonstrating strengths in analytical, communications (oral and written) and technical skills.
Compensation Range:
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Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additiona l information relating to location-based pay structures.
Grow your career with a best-in-class company that puts our client’s interests at the center of all we do. Get started now!
We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
If you work or would be working in California, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.
FIND YOUR FUTURE
We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.
- Flexible work schedules
- Concierge service
- Comprehensive benefits
- Employee resource groups