Sun Life Financial State Filing Analyst in Kansas City, Missouri
At Sun Life, we work together, share common values and encourage growth and achievement. We offer many career paths that attract a wide variety of talent and skills. Follow a path that lets your talents shine.
The State Filing Analyst will support the State Filing team by performing the follow activities:
Represent State Filing on product development initiatives
Manage state filings of rates and policy forms
Perform compliance and regulatory activities
The essential functions and responsibilities of this job position include, but are not limited to the following:
Represent State Filing on divisional product development initiatives; with general supervision and input from the direct manager, compose legally defensible and administratively correct contract language for new products and product enhancements which accurately reflects marketing intent and conforms to statutory and regulatory requirements for each state.
Under general supervision from the direct manager, the State Filing Analyst will be responsible for performance of the following duties. Manage nationwide submission of rates and policy forms. Develop state filing strategies to ensure timely submission of new products or product enhancements. Negotiate timely approval with state regulatory agencies while maintaining product competitiveness, preserving language uniformity, and limiting exposure to unintended risks. Respond to state objections in accordance with established time frames. Maintain approval records and reference libraries. Respond to inquiries from business partners regarding product-related issues and submission strategies. Communicate state variations of standard product to the impacted business and systems areas. Provide management reports regarding the status of filing projects.
Under general supervision from the direct manager, the State Filing Analyst will be responsible for performance of the following duties. Participate in compliance implementation activity when changes in statutes or regulations impact contractual provisions; analyze legislation to determine impact to products; maintain documentation of changes made in response to newly enacted laws; research and respond to customer inquiries on compliance issues; communicate changes as needed to customers. Perform managed care network oversight and make state filings as required. Coordinate and prepare statutory surveys and reports based on annual calendar; participate in state insurance department market conduct examinations as they pertain to contract filings and product approvals; assist Compliance and Law with litigation or acquisition exhibits.
Position Requirements and Qualifications:
College degree with 3-6 years of experience or equivalent combination of education and relevant business experience; demonstrated ability to communicate clearly and concisely both verbally and in writing; demonstrated ability to draft technical and contractual language independently; general working knowledge of group insurance products; ability to work independently on a variety of clearly defined projects to achieve company/department objectives as defined by manager; and excellent PC and technology background.
Sun Life Financial is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Sun Life Financial is committed to building a diverse and inclusive company culture.
Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter – for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at www.sunlife.com/us to learn more
Customer Service / Operations
Posting End Date: