Director, Compliance

Physicians Mutual Life Insurance is seeking a highly qualified and results driven individual to join our team!

The Director of Compliance will provide legal and regulatory guidance by analyzing laws and regulations to determine resulting compliance activities needed while maintaining the best possible competitive position within the market and, at the same time, doing so in a legally and regulatory defensible manner. Reviews, monitors and helps influence regulatory and legislative matters which are important to the Company. Helps coordinate and lead internal compliance activities as necessary and works with State Insurance Departments to resolve pending regulatory matters as appropriate.

JOB QUALIFICATIONS:

• Bachelor’s degree required with 15 years insurance experience, and with extensive knowledge of insurance contracts and regulatory compliance.
• Demonstrate experience with analyzing and interpreting insurance contracts and insurance laws and regulations.
• General knowledge of company standards and processes regarding claims, underwriting, billing, and rates.
• Demonstrate an understanding of industry and company standards regarding distribution channels including agency, brokerage, direct mail, internet, and telesales.
• Industry certifications/designations highly preferred
• Demonstrated ability to work in a collaborative environment
• Excellent written and verbal communication skills – ability to communicate complex matters to various audiences
• Excellent critical thinking skills needed to make quick decisions about compliance issues in the best interest of the Company

About us:

Since our start in 1902, Physicians Mutual Insurance Company has held to our founder’s promise to provide protection to families when they need it most. In 1970, Physicians Life Insurance Company was founded and became a member of the Physicians Mutual family.

Today, we offer health, life and retirement products to millions of people from all walks of life. We’ve been here for them. Listening. Answering questions. Empowering them with the specialized guidance they need to make confident decisions about their insurance.

Over the years, our dedication to delivering on our promise has helped make us one of the nation’s leading health and life insurance providers. In fact, we are rated in the top 1% of insurance companies. We consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings, ensuring we’ll be there for our policyowners and our employees far into the future.