Guarantee Trust Life Insurance Company (GTL), an A-rated (A.M. Best) life and supplemental health insurance company with a proven track record of success in Final Expense life insurance, hospital indemnity and short-term care products is seeking a seasoned Regulatory Compliance Principal.

This role serves as a senior regulatory subject matter expert supporting the Vice President of Compliance in managing new product development, new product and state reporting filings, and regulatory risk across life and health insurance products. It plays a central consultative function in new product development, product modifications, state filing requirements, regulatory interpretation, and market conduct risk evaluation. The position requires deep expertise in life insurance and supplemental health insurance laws, including multi-state regulatory frameworks.

The ideal candidate brings strong analytical judgment, experience navigating complex regulatory environments, and the ability to provide practical compliance guidance to Compliance Department team members, internal stakeholders, and external business partners.

 

Primary Responsibilities

• Provide regulatory guidance on new product forms development for such products as whole life, term life, hospital indemnity, short-term care, accident-only, specified disease, dental and vision, and Medicare Supplement. Identify regulatory risks in product features, benefit triggers, underwriting, and claims design, partnering with Actuarial, Marketing, Claims, Underwriting, and Legal from concept development to implementation.


• Review policy forms, applications, outlines of coverage, advertising, and related materials for multi-state compliance.


• Collaborate on product filing strategy and assist the state filing team with the handling of complex or difficult state objections.


• On an ad-hoc basis, conduct high-level research on state insurance statutes and regulations and produce a concise summary of the results of such research.


• Assist in the preparation for and response to regulatory examinations.


• Evaluate sales practices, underwriting procedures, and claims adjudication for regulatory alignment.


• Analyze complaint patterns and regulatory inquiries for emerging risk areas.


• Identifying, assessing, and mitigating compliance risks across the organization and developing a risk-based compliance monitoring program.


• Executive level communication and problem-solving skills with the ability to influence, advise, and partner across all levels of the organization to help guide the company through its business challenges and assist in developing practical solutions.