Administrative Assistant / Contract Coordinator
Mansfield Energy Corp
Senior Specialty Product Filing Consultant
Prudential Financial
full-time
Posted on:
Origin: • 🇺🇸 United States
Visit company websiteSalary
💰 $107,300 - $166,400 per year
Job Level
Senior
About the role
- Report into the Specialty Product Filing Manager; accountable for state filings, responding to objections, timely approvals, and maintenance of compliant contractual documents
- Develop relationships and engage with state regulators and internal business partners regularly
- Understand new and existing statutory and regulatory requirements and state-specific filing requirements for membership benefit plans
- Understand membership benefits plan requests and identify necessary filings
- Perform analysis of non-standard policy form requests and determine where additional filings are required
- Develop policy and certificate language revisions to comply with statutory and regulatory requirements and industry best practices
- Perform state filing and approval process for policy and certificate forms, applications/enrollment forms, rate, and client filings
- Respond to objections, provide thoughtful and timely status updates to business partners
- Identify potential impact of language changes on administration, marketing, and claims and formulate mitigation alternatives
- Research competitor filings to understand the regulatory environment
- Prioritize state filings based on business needs and regulatory requirements
- Assist analysts with drafting state-specific language, regulatory interpretation, and state objections
- Perform post-approval processes including validating approved forms and documenting state-specific requirements
- Review state variations on newly approved forms and engage with Legal and Compliance for extraterritorial documentation
- Provide feedback on new forms regarding structure, organization, technical accuracy, grammar, formatting, and clarity
- Manage projects by identifying impacted business areas, assigning deliverables, managing target dates, and reporting challenges
- Act as a liaison with business partners on special projects and perform ad-hoc project work as assigned
Requirements
- Minimum 5-7 years with contract drafting and filing and/or life and health product development and/or compliance/insurance law experience
- Thorough understanding of group and individual life and health products
- Proficient with SERFF
- Interacts directly with regulators; highly effective in communicating, negotiating, persuading regulators to obtain form approval
- Expert with all aspects of regulatory interpretation, contract construction and filings
- Handles the most complex state filing challenges with minimal assistance/guidance
- Competent in assisting analysts in lower positions with assessing and responding to state objections
- Strong results-orientation and ability to manage projects and multiple initiatives concurrently
- Highly collaborative, strong interpersonal and clear communication skills
- Curious, inquisitive, agile and adaptable
- Proficient with Microsoft Office applications such as Word, Excel, PowerPoint, and SharePoint
