Insurance Compliance Director
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Job Description
Compliance Director for ARMStrong managing regulatory compliance and risk management. Leading the development and implementation of compliance programs across the organization.
Responsibilities:
- Ensuring the organization complies with applicable laws, regulations, and industry standards
- Monitor regulatory developments and implement the necessary changes in compliance programs
- Develop and maintain an up-to-date knowledge of industry-specific regulations
- Establish protocols for responding to regulatory inquiries, audits, and enforcement actions
- Provide guidance to executive leadership on emerging regulatory developments
- Tracking complaints, drafting responses, and using data in complaint management system to identify risks in compliance or repeated offenders
- Contract review and overseeing defense of litigation against ARMStrong companies
- Drafting, reviewing, and updating compliance policies and procedures
- Conduct regular risk assessments to identify vulnerabilities in compliance frameworks
- Conducting regular audits and monitoring activities to ensure compliance with established policies and procedures
- Preparing reports on compliance activities and communicating findings to senior management and relevant stakeholders
- Investigating and responding to potential compliance violations or incidents
Requirements:
- Strong understanding of relevant laws, regulations, and industry standards
- Excellent leadership, communication, and interpersonal skills
- Strong analytical and problem-solving skills
- Experience in developing and implementing compliance programs
- Experience in a highly regulated field (collections industry experience highly preferred)
- Ability to work independently and as part of a team
- Bachelor's degree in a related field: (e.g., law, business, finance or JD)
- Relevant certifications: (e.g., Certified Compliance and Ethics Professional) are preferred
Benefits:
- Full benefit package with health, dental, vision, life and disability coverage options
- Generous paid time off policy and 9 paid holidays
- 401(k) plan with company matching and immediate vesting
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