Compliance Analyst II

Want to work for a company that offers excellent opportunity combined with a worthwhile mission? Navy Mutual is that company and we are looking for talented people to join our team! 

As a Compliance Analyst II for Navy Mutual you will play a critical role in supporting the execution of the strategic priorities of the Compliance Department, specifically those initiatives surrounding Sales, Member Services and Claims.  

We are not just looking for anyone… we are looking for the right person to bring their professionalism, knowledge and drive to succeed to Navy Mutual. 

What will you be doing?  

• Remain current with life insurance compliance best practices; research and regularly communicate changes in regulatory guidance and bulletins, with an emphasis on the State of Virginia and the National Association of Insurance Commissioners (NAIC), the Association of Insurance Compliance Professionals (AICP), the Association of Commercial Life Insurers (ACLI) and other industry groups.   
• Support efforts related to departmental compliance audits and risk assessments, including scheduling, documenting and reporting related to the same.    
• Monitor/track, review and propose revisions to departmental Standard Operating Procedures (SOPs), with emphasis on Sales, Member Services and Claims.   
• Support the Director of Compliance and the General Counsel with compliance-related investigations.  
• Advise the training and development team to ensure the training curriculum reflects industry best practices.    
• Maintain effective relationships with industry organizations, and other external stakeholders to stay abreast of regulatory developments and industry trends.  
• Uphold and promote a culture of ethical conduct within the Association, including integrity, professionalism, and truth in all business dealings.  

What do you bring to the table? 

• Bachelor's degree or equivalent in business, finance, insurance, law, or a related field.  
• Minimum 2-4 years of experience in insurance compliance or a related role in the insurance industry, preferably with a focus on life insurance and annuities.   
• Professional certifications related to compliance are desired but not required (e.g., Associate Compliance Professional (ACP), Certified Compliance Professional (CCP), or Associate, Insurance Regulatory Compliance (AIRC)).  
• Demonstrated understanding of applicable laws, regulations, and industry standards related to life insurance and annuities products, including NAIC model rules and regulations.  
• Proven history with excellent research, analytical, problem-solving, and decision-making skills.  
• Ability to work independently and collaboratively and manage multiple tasks and priorities in a fast-paced environment while producing excellent work product.  
• Strong communication skills, both written and verbal, with the ability to effectively communicate complex compliance concepts to diverse audiences.  
• Proven ability to build and maintain positive relationships with internal and external stakeholders.  
• Detail-oriented with strong organizational and time management skills.  

Why Navy Mutual?  

Inspired by the history and character of our own Members, Navy Mutual naturally promotes a strong, hardworking culture. Our staff, leadership, and Board members continuously strive to provide exceptional service and expert guidance to Navy Mutual Members, servicemembers and their families. Navy Mutual is committed to fostering, cultivating, and preserving a culture of diversity and inclusion, and embraces the characteristics that make our employees unique. We understand the collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, unique capabilities, and talent that our employees invest in their work represents a significant part of not only our culture, but Navy Mutual’s reputation and success as well.