Regulatory Compliance Specialist

Job Description

Performs regulatory activities for the Company and all of its subsidiaries and affiliates to ensure legislative and regulatory compliance. Required to operate cross functionally and in areas with ambiguity and complexity from both a legal and healthcare insurance frame of reference.

Essential Functions:
• Creates necessary form filings to accommodate new products and changes to existing forms and submits form filings to regulators for regulatory approval through the System for Electronic Rate and Form Filings (“SERFF”) where possible. Monitors filing inquiries from regulators, works with operational areas and compliance to develop response to regulators objections, prepares response letters, and modifies contractual forms with compliance approval as needed until final regulatory approval is received
• Maintains current records of all approved forms
• Develops regulatory policies, procedures and related compliance tools
• Assists in the development of and reviews department policies and procedures in support of products
• Prepares documents for corporate compliance filings as well as certain regulatory filings with state licensing and insurance departments while serving as a resource/administrator for such filings
• Assists in the preparation and administration of business associate agreements, and confidentiality and non-disclosure agreements
• Investigates alleged privacy breaches and performs risk assessment.
• Handles complex regulatory compliance issues
• Leads non-financial regulatory surveys and exams
• Keeps abreast of the changing legal and regulatory landscape
• Researches insurance laws applicable to industry
• Researches and interprets regulatory requirements of new products and product enhancements
• Performs continual audit procedures with a high degree of accuracy and confidentiality
• Performs other miscellaneous duties as assigned

• Bachelor’s Degree required
Certificate Program in Paralegal Studies or equivalent education helpful
• 5+ years experience in a regulatory environment or healthcare-related field
• Understanding of health/dental insurance products with product filing experience
• Background in use of SERFF filing system
• Knowledge of state and federal regulations as they pertain to product filings
• Regulatory research skills and experience
• Ability to work independently and as part of a team in a fast paced environment
• Ability to multi-task and meet demanding deadlines
• Ability to learn new software programs
• Achieved attention to detail and accuracy
• Strong analytical skills and problem solving capabilities
• Strong organizational and project management skills
• Excellent oral and written communication skills
• Proficiency in: MS Word, Excel, PowerPoint, PDF Converter; experience with HIOS and ACL Analytical software helpful

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Delta Dental of Rhode Island

Delta Dental of Rhode Island is the state’s leading dental insurer, administering dental benefits for nearly 613,000 members. Headquartered in Providence, we remain a symbol of strength and stability in the local dental insurance arena.

Our strength is evidenced by the fact that 96% of our customers said they were satisfied or very satisfied with our overall performance last year. And, 98% said they were satisfied with the quality of their treatment.

For more than 50 years, Delta Dental has provided affordable dental insurance to employers, individuals and families across the country. As the nation’s largest, most experienced dental benefits carrier, Delta Dental serves more than 73 million Americans with dental coverage. Delta Dental provides dental coverage to more than 139,000 groups nationwide.

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