Job Code: 70019786
Band: B1
FLSA: Exempt Job Summary:
The Regulatory Compliance Consultant I is responsible for submitting product filings to state insurance departments and lenders for approval. This position is also responsible for reviewing, tracking, monitoring and interpreting the impact of legislation/regulations that relate to ADS products and processes and providing summaries to impacted departments and management. This position is a permanent remote home-based worker. Your home office does not need to be near an Allstate office, but it does need to be in the United States. This position is eligible for a monthly connectivity reimbursement to offset the costs of internet and phone expenses. Key Responsibilities:
Review, track and monitor legislation that impacts ADS product offerings utilizing various sources of information including Industry Association communications and conference calls, Department of Insurance websites, Department of Banking websites, State Legislative websites, etc.
Prepare and distribute legislative summaries to management, impacted departments, agents, and clients as new legislation is implemented or existing legislation changes
Analyze and determine the impact of changes in regulations on ADS product offerings, develop recommended actions, and present recommendations to department leadership
Develop project plans for and lead filling related projects that will result in changes resulting from product legislation changes are implemented by the effective data
Review and update regulatory compliance related databases, SharePoint sites, matrices, summaries, etc. to ensure departments are utilizing current information
Review and approve TPA consumer contracts, providing additional information regarding recommended revisions as needed
Respond to complex inquiries requiring interpretation of policies, procedures, rule and regulations from business units and external sources, such as, Department of Insurance regulators, Department of Banking regulators and lenders Supervisory Responsibilities: This job does not have supervisory duties. Education and Experience:
Bachelor’s Degree or equivalent
2 or more years of related regulatory experience Functional Skills:
Intermediate proficiency in Microsoft Office Word, PowerPoint and Excel, required; basic proficiency in Microsoft Project preferred
Strong regulatory/compliance or other research training and skills
Knowledge of all dealership finance and insurance products preferred
Excellent oral and written communication skills Certificates, Licenses, Registrations:
None
Compensation offered for this role is $51,600 – $60,000 and is based on experience and qualifications.
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands®.
As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life — including a generous paid time off policy. For a full description of Allstate’s benefits, visit allstate.jobs/benefits/
Learn more about life at Allstate. Connect with us on Twitter , Facebook , Instagram and LinkedIn or watch a video .
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
For jobs in San Francisco, please click “ here ” for information regarding the San Francisco Fair Chance Ordinance.
For jobs in Los Angeles, please click “ here ” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.
To view the “EEO is the Law” poster click “ here ”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs
To view the FMLA poster, click “ here ”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.
It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee’s terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.
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