Symetra Financial Compliance Analyst I in United States

Job Title:

Compliance Analyst I

Area of Interest:

Compliance

City:

Bellevue

State/Province:

Washington

Job Description:

Symetra is a dynamic and growing financial services company with 50 years of experience and customers nationwide. In our daily work delivering retirement, employee benefits, and life insurance products, we're guided by the principles of VALUE, TRANSPARENCY AND SUSTAINABILITY. That means we provide products and services people need at a competitive price, we communicate clearly and honestly so people understand what they're getting, and we build products that stand the test of time. We work hard and do what's right for our customers, communities and employees. Join our team and share in our success as we work toward becoming the next national player in our industry.

The Compliance Department promotes Symetra's long term growth by partnering with our internal clients to develop practical, consumer-oriented solutions in a complex regulatory environment. We provide compliance guidance for business areas, monitor and test compliance controls for adequacies, research state insurance and FINRA regulations, and problem solve ways of addressing potential gaps in the administration of an insurance policy/contract. We are currently recruiting for an Compliance Analyst position.

Responsibilities may include:

  • Assist the Compliance Manager in driving compliance monitoring efforts;

  • Review and analyze new or proposed regulations;

  • Draft or update department policies and procedures;

  • Prepare memoranda, reports, and executive summaries;

  • Conduct research projects;

  • Participate in compliance department project initiatives.

Requirements:

Required/Preferred Qualifications-

Education Required: College Degree or comparable experience.

Minimum Years of Related Work Experience Required: Typically 2+ years compliance or industry experience.

Specific Industry and/or Specialty Experience Required: Solid understanding of Insurance operations and of the related legislative, regulatory, and in-house compliance policy requirements associated with them. Strong research and analysis skills are a must.

Skills and Abilities Required: Must have strong verbal and written communications skills. Possesses analytic, technical, and problem solving skills and abilities. Uses best practices and knowledge of internal or external business issues to improve products or services. Builds and maintains relationships with internal business partners; builds a network of industry contacts that provide quick access to information. Listens carefully; quickly comprehends information; writes clear, effective letters, memos, reports, e-mails, etc. Solves problems effectively; identifies the relevant issues, gathers needed information and input, applies sound reasoning to their judgments, decisions and recommendations.

Additional Skills & Knowledge: Proficient knowledge of MS Word, MS Excel, MS PowerPoint, and MS SharePoint. Must have ability to work independently, manage time efficiently, and a strong project management background. Previous quality assurance, auditing or monitoring/testing experience a plus.