Regulatory

Compliance Specialist

Full Time

About the

Company

Wilton Re is an industry leader in the life (re)insurance space,
specializing in the acquisition of in force life insurance and annuities. We
are experienced industry specialists focused on the risk, capital and
operational needs of our clients’ businesses. We provide our clients with the
services they need from in force transactions and product development to
underwriting and new business strategies.
Wilton Re has the resources and expertise to pursue and successfully
manage the largest life and annuity transactions in the market.

Position

Summary

The Regulatory Compliance

Specialist will support the Compliance Department generally to ensure the U.S.
based companies in the Wilton Re enterprise are in compliance with insurance
laws and regulations. This position is
primarily responsible for and will serve as the subject matter expert regarding
regulatory and statutory changes. This will include reviewing changes to the
law, determining applicability, creating a summary, and distributing to
relevant business units and parties. The Regulatory Compliance Specialist may
occasionally assist with responding to state insurance department data calls,
managing the compliance calendar, conducting/assisting with internal reviews of
documentation or processes, and ad hoc compliance projects.

Role Responsibilities

Track changes in laws and regulation using third party software, other research tools and advisories issued from regulatory authorities and trade groups.
Analyze and interpret legal and regulatory changes and identify the compliance requirements.
Take the lead role in communicating, implementing, and directing changes required by regulatory and insurance industry authorities, and later auditing processes to determine proper compliance.
Verify that all regulatory changes have been documented, implemented, and communicated to relevant internal and external parties.
Research and respond to regulatory and legislative questions from business units.
Maintain relationships with compliance teams within our insurance and reinsurance partners including third party administrators.
Work closely with Legal for interpretation of the laws and regulation and risk assessment.

Basic Qualifications

Minimum 3 years of experience in the legal or compliance department of a regulated entity or law firm representing regulated entities.
Strong analytical and problem-solving skills.
Demonstrated ability to manage multiple priorities and meet deadlines.
Communicate effectively and succinctly.
Ability to conduct regulatory and statutory research as required.
Proven ability to work independently and as part of a team.
Knowledge of life insurance products and operations preferred.

Required Education / Certifications

Bachelors degree in Finance, Economics, Risk Management, Legal

Studies, or related field

Pay/Location

Norwalk, CT

Hybrid Structure

Minimal to no travel required

The role is

nonexempt and eligible for paid overtime. The annualized salary/hourly rate
range for this position in Connecticut is between 70,000-90,000. Please note
that specific compensation decisions are based upon a variety of job-related
factors as permitted by law, including geographic location, credentials,
skills, education, training, and experience.
Base salary is just one component of Wilton Re’s total compensation
package for employees. Additional compensation includes annual
performance-based bonus, 401K with employer contribution, and profit-sharing
program. Employee may also be eligible for long-term incentives (equity). All
incentives and benefits are subject to the applicable plan terms.

What We Offer

Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days

401(k) plan with employer contribution - US Employees Only

Profit Sharing Program

Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams

Employee Assistance Program (EAP)

Current hybrid working environment

Employee Engagement Events and various committees on site to join

Wilton Re

strives to attract, develop, and retain a diverse workforce. We are committed
to providing an inclusive and accessible work environment where all associates
feel valued, respected, and supported. Our commitment to inclusivity is
reflected in the safeguards, policies, and commitments we have in place to
remove barriers and provide equal opportunities to prospective and current
associates, without discrimination. A Human Resources representative is
available to consult with applicants who require accommodation in the
application or recruitment process. Any information shared by the applicant
about an accommodation will be treated as confidential.

To All

Recruitment Agencies: Please do not send any resumes or
solicitations regarding open positions to Wilton Re employees unless you have
been requested to work on this position or other positions with Wilton Re;
please reach out to your main point of contact. Wilton Re is not responsible
for any fees related to unsolicited resume

Regulatory and Compliance Specialist