Regulatory Counsel - Insurance Compact

Overview

This full-time Regulatory Counsel role supports insurance regulators, consumers, and insurance companies by improving the efficiency and uniformity of product filing review and approval. Responsibilities focus on providing expert legal advice, analysis, and guidance on insurance regulatory matters—particularly compliance and interpretation of the Compact, Bylaws, Uniform Standards, Operating Procedures, and other organizational processes and requirements.

Responsibilities

• Researches and analyzes product content requirements, including model laws, federal and state laws, and issued products, to support the development of new or amended Uniform Standards.
• Researches and analyzes administrative requirements, including model laws, federal and state laws, and best practices, to support the development of new and amended rules, Operating Procedures, and processes.
• Provides legal guidance on the Compact’s rulemaking requirements and activities for development of Uniform Standards, Rules, and Operating Procedures.
• Delivers legal and technical expertise to product operations to support review of insurance products within the scope of the Compact and its Uniform Standards.
• Serves as a legal point of contact for state insurance departments, the Management Committee, and various advisory committees (Legislative, Consumer, and Industry) regarding Compact law and principles and Uniform Standards development and interpretation.
• Tracks, researches, and analyzes the impact of state and federal legislative and regulatory activities and changes, including changes to model laws, regulations, actuarial guidelines, or other applicable requirements that may affect the Compact’s Uniform Standards, Operating Procedures, or processes.
• Provides excellent customer service and collaborates effectively with Commissioners, state insurance regulators, state legislators, company and industry representatives, consumers, and team members to address questions and concerns in a timely manner.

Requirements

• Juris Doctor (JD) from an accredited law school.
• Active membership in at least one U.S. state bar.
• Between 5 to 10 years of legal or regulatory experience in the insurance or other financial sector.
• Excellent communication and interpersonal abilities.
• High level of discretion and confidentiality.
• Ability to manage multiple priorities and work under pressure.
• Strong analytical and problem-solving skills.

Preferred Qualifications

• Experience with insurance product compliance and/or familiarity with interstate compacts.

Compensation & Benefits

• Starting at $123,599 - $140,000, commensurate with experience and education.

Location

• Remote position.
• Regular, out-of-state, overnight travel is required to support member meetings and events throughout the year.

Sponsorship / Work Authorization

• Applicants must be authorized to work for any employer in the U.S.
• The organization is unable to sponsor or take over sponsorship of an employment Visa at this time.

Systems & Technology Requirements

• Microsoft Windows, Word, Outlook, Excel, and SharePoint.
• Legal research tools such as Westlaw, Lexis/Nexis, and NILS.