Product Contracting Analyst | Fully onsite

Job Level:  Professional
Location: 

Minneapolis, MN, US, 55416

Area of Expertise:  Actuarial
Unit:  Allianz US Life
Employing Entity:  Allianz Life Insurance Company
Job Type:  Full-Time
Remote Job:  100% on-site
Employment Type:  Permanent
ID:  51730
Position Cluster: 

At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting societal equity.

 

You will manage the product contract forms regulatory approval process, which includes preparing filings through the state Department of Insurance filing system (SERFF), communicating with state regulators to answer questions about our product filings, and driving approval of our filings. You will manage the status of our filings from pre-submission to approval, which includes an understanding of prioritization, tracking submission dates, deadlines, and approval dates for 100+ filings at a time. You will understand and apply basic contract law and regulation interpretation and maintain compliance with regulatory and legal requirements related to contract filings. Establish clear and accurate communication with state regulators and internal partners. Provide support for miscellaneous projects, including legislative research, competitive research, process improvements, and 50-state assessments. Learn our products and analyze state regulations and checklists. You will report to the Product Contracting Manager.

 

What you do:

  • Filing & Process Management:
    • File and obtain state approvals of forms, including filing preparation and internal and external/regulator coordination and communication. Filing preparation includes preparing the administrative forms necessary for filing, preparing the filing in SERFF, providing peer reviews of other filings, submitting the filing and processing all corresponding fees. Regulator coordination and communication includes, building relationships with 50+ regulators, communicating with regulators on timelines and filing needs, addressing regulator questions and concerns about our products through the Department's formal objection process, and obtaining Department approval of our filings.
    • Drive the team's productivity through proactive prioritization and process management, including activity tracking and metrics for over 100+ filings at a time, document retention, and other process-related activities.
  • Implement and enhance our filing processes, including complying with existing procedures, identifying ways to improve efficiency, maintaining the accuracy of our written procedures, and challenging historical ways of working.
  • Implement approved filings to internal partners, which includes preparing an internal announcement form with information on the approved forms.
  • Legislative Updates and Other Legal Requests:
    • Ensure the compliance of previously filed forms through analysis of legislative updates, identifying the need for new forms or modifications to existing forms.
    • Answer requests for information on past filings, including identifying previously approved forms, filing numbers, and approval dates.

 

What you bring:

  • 3-4 years experience required: Basic knowledge of insurance products, how they work, and the rules and regulations associated with them. Advanced experience managing multiple filings, following deadlines, communicating with partners or clients, solving business issues, leading projects to success, and self-management.
  • Four year degree required or equivalent work experience

 

What we offer:

At Allianz Life, we're proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that welcomes, includes and celebrates diversity. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we're routinely recognized as a top workplace employer.

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. We at Allianz believe in a diverse and inclusive workforce and are proud to be an equal opportunity employer. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation.

 

Join us. Let's care for tomorrow.

 

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Nearest Major Market: Minneapolis