Compliance Specialist

TEKsystems
$30.00 - $35.00 / hr
life insurance, sick time, 401(k), retirement plan
United States, Minnesota, Minneapolis
Feb 28, 2025
Description This role ensures business partners are aware of and complying with U.S. regulatory and legal requirements as well as supporting critical functions such as monitoring of various risk metrics, assessing business activities for adequate implementation activities, and providing insights to various stakeholders. This requires being knowledgeable about applicable laws and regulations and have familiarity with compliance program framework methodology. This applicant demonstrates expertise in the assigned area and works independently to successfully execute key deliverables. This role may take direction from more senior positions and be assigned projects and/or tasks outside the scope of day-to-day responsibilities. What you do: Support the on-going management of the Law Change Management compliance program. Perform research related to industry applicable laws and regulations as assigned. Provides company and industry knowledge and expertise to program management and oversight, projects, and tasks. Evaluate implementation activities and controls within a discipline for compliance and take ownership of appropriate escalation. Identify compliance related risks and support mitigation activities, where needed. Analyze and assess program metrics and success criteria with a focus on operational improvements, emerging risks, trends, and patters that enable the company to manage its potential risk exposure. Collaborates with Ethics & Compliance colleagues, business partners and other internal stakeholders to continually identify opportunities for positive change in how the department successfully ensures the company meets its regulatory obligations. Manager Description: Team helps insure new laws or regulations that are applicable to our business teams are communicated to internal groups affected in a timely manner. Wolters Kluwer notifies them of regulations - reports of new things through AI tool - what applies and what doesn't - priorities, implementation dates, number of states affected. Use OneSumX tool from Wolters Kluwer to assign tasks to business owners - policies and procedures are in place to notify business owners. Input into the system and manage to the time period required of regulation. Need to read law or regulation, understand how it can impact business, interpret and be liaison between business and legal teams. Candidates should enjoy reading laws/regulations and how they apply so need attention to detail, communication skills as they are working with groups internally. e.g. update a disclosure on forms. Forms team needs to give evidence they implemented regulation and follow up to show they did so and are in compliance * Additional Skills & Qualifications 2-3 years of experience in Compliance or in Legal required. Four-year degree or equivalent work experience. Experience reading and applying laws and regulations applicable to Life Insurance. Life Insurance industry experience and understanding company structures preferred. Strong communication, organization, and execution capabilities. Attention to detail. Proficiency using Office 365 tools; Excel, SharePoint. Paralegal background may also work! Ideal if candidates have worked in life insurance industry as they understand risk and control - here is the risk and how to mitigate that risk. Challenge if they don't have insurance is they don't understand products sold - prefer life insurance/ Annuities - fixed/variable and insurance side vs FINRA/SEC. Pay and Benefits* The pay range for this position is $30.00 - $35.00/hr. Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to specific elections, plan, or program terms. If eligible, the benefits available for this temporary role may include the following: * Medical, dental & vision * Critical Illness, Accident, and Hospital * 401(k) Retirement Plan - Pre-tax and Roth post-tax contributions available * Life Insurance (Voluntary Life & AD&D for the employee and dependents) * Short and long-term disability * Health Spending Account (HSA) * Transportation benefits * Employee Assistance Program * Time Off/Leave (PTO, Vacation or Sick Leave) Workplace Type This is a hybrid position in Minneapolis,MN. Application Deadline This position is anticipated to close on Mar 3, 2025. About TEKsystems: We're partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. We are a team of 80,000 strong, working with over 6,000 clients, including 80% of the Fortune 500, across North America, Europe and Asia. As an industry leader in Full-Stack Technology Services, Talent Services, and real-world application, we work with progressive leaders to drive change. That's the power of true partnership. TEKsystems is an Allegis Group company. The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.