Senior Compliance Coordinator
Covr

   Location: Hartford Connecticut

  Time: 6 months ago

 

 

Covr is listed as one of Forbes' Top 500 Start Up Companies of 2021!  Covr is a digital life insurance platform that makes it easy to protect what matters most: you and your family. Covr partners with financial institutions that share the belief that life insurance should be simple and transparent and part of a total financial plan. Through Covr's technology, financial advisors and their customers can research and purchase affordable life insurance from well-known insurance companies without the hassles of the traditional process - all within a matter of minutes. Our employees enjoy a casual dress code, flexible hours, great benefits package, competitive wages, and more. We have a strong culture based on our core values:  Client First, Integrity, Innovation, Collaboration, Fun!

DESCRIPTION OF ROLE:

Our team is growing! Our senior compliance coordinator will coordinate and lead all aspects of Covr’s compliance programs. The duties and responsibilities are related to three areas; insurance regulations, customer information regulations and internal controls and procedures. Covr is looking for a proactive team player to be an engaged member of the finance team. The position will have regular interaction with all department leaders in a facilities coordinator role and work closely with the CMO, CTO, CFO and CEO.

ESSENTIAL JOB FUNCTIONS, DUTIES, AND PERFORMANCE RESPONSIBILITIES:

  • Develop policies and procedures for regulatory and business compliance
  • Identify, develop, implement, and maintain compliance assessment processes.
  • Assist in monitoring and maintaining the compliance program to ensure that applicable laws and regulations are being followed.
  • Assist with periodic compliance reviews and assessments throughout operations and in support of customer firms and due diligence exercises.
  • Prepare compliance reports for senior management.
  • Research, evaluate and document compliance issues and work with internal partners, personnel, institutional partners, and service providers to investigate and resolve issues.
  • Provide guidance and support to functional business areas and interact with personnel at all levels.

Special projects related to business risk business opportunities

JOB SPECIFICATIONS AND QUALIFICATIONS:

Education and Experience:

  • College Degree preferred with major in business or related field, plus one to two years of related industry-specific experience and/or training
  • Two+ years experience in life insurance and/or customer information regulations

Insurance license and/or industry designations are a plus

Knowledge and Skills:

  • Life insurance regulations relative to sales compliance, etc
  • Strong written and verbal communication skills
  • Superior problem-solver, who thinks outside of the box, not afraid to dig deeper to get the best outcome.
  • Ability to work independently and exercise excellent judgment
  • Strong phone and computer skills – specifically Microsoft Excel and Word – with the ability to quickly learn and master our internal and carrier software programs

BENEFITS PACKAGE:

  • Competitive benefit package. Medical, dental, vision, disability, paid time off, paid holiday’s, 401(k) company match, and life insurance plan with supplemental options available.

*This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described, and may be amended at anytime at the sole discretion of Covr*

 

 

 

 

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