Also referred to as:
Insurance Product Compliance Director
Requirements and Responsibilities
Insurance Product Compliance Support Director directs the product compliance support function. Responsible for drafting, compiling, and submitting policy forms, riders, and applications. Being an Insurance Product Compliance Support Director coordinates with state insurance departments and internal stakeholders to support product approval and implementation. Monitors regulatory changes, maintains product documentation, and ensures all product materials conform to applicable state insurance requirements. Additionally, Insurance Product Compliance Support Director requires a bachelor's degree. Typically reports to senior management. The Insurance Product Compliance Support Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Insurance Product Compliance Support Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function.
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