Director, Product Compliance

Job Posting End Date: October 12

When you join the team at Unum, you become part of an organization committed to helping you thrive.

Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide: 

• Award-winning culture 

• Inclusion and diversity as a priority 

• Performance Based Incentive Plans

• Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability 

• Generous PTO (including paid time to volunteer!) 

• Up to 9.5% 401(k) employer contribution 

• Mental health support 

• Career advancement opportunities 

• Student loan repayment options 

• Tuition reimbursement

• Flexible work environments 

*All the benefits listed above are subject to the terms of their individual Plans.

And that’s just the beginning…  

With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today! 

General Summary:

Our Legal & Audit organization are seeking a Director Product Compliance. This position is a high-level management contributor. This position is responsible for ensuring that all aspects of the regulatory team are functioning at their most efficient. This role is widely recognized for expertise and skill in all functions of the regulatory team and is comfortable providing direction on all aspects of our organization. This position must interact with government authorities, senior company management, sales and field personnel, and related legal and technical resources within and outside the company.

 

 

Principal Duties and Responsibilities

• Prioritize, sequence & allocate resources toward achievement of company goals, while maintaining regulatory compliance in all areas of team accountabilities.

• Maintain a high-level view of our organization and accountabilities, and drive change to support a constant re-evaluation of process to effect increased efficiency
• Manage a technical and professional staff in support of all functions of the regulatory team
• Lead and develop a team of regulatory professionals while maintaining active involvement in complex regulatory matters, balancing strategic leadership, talent development, sound judgment, and execution of critical business initiatives.
• Foster a collaborative, inclusive, and results driven team environment that encourages engagement, continuous learning, knowledge sharing, and diverse perspectives.
• Partner with senior management and staff in all business areas of the organization to strategically plan and effectuate product and rate designs, development, regulatory filings/negotiations/approvals, ongoing compliance with regulatory requirements, Market Conduct exams and complaint processes, project delivery timelines, Non-Standard process and timelines, reporting, and Implementation support, while providing regulatory guidance, risk-based recommendations, and strategic insight, and risk-based recommendations that support business objectives and informed decision-making.
• Monitor and assess emerging regulatory, legislative, and industry developments, evaluating business impacts and driving strategies to ensure ongoing compliance and operational readiness.
• Represent company and team at insurance industry meetings
• Establishes productive and on-going partnerships with business partners
• Establishes productive and on-going partnerships with state and federal regulatory agency personnel
• Represent regulatory team in decision-making processes with business partners
• Successfully manage many competing priorities with ease, including assessing risk, setting priorities, allocating resources, and guiding teams to achieve strategic and operational objectives.

 

Job Specifications

• BA or equivalent work experience
• Position requires extensive knowledge of the regulatory environment that governs our business
• 8 years industry experience
• 3 years Managerial experience, including coaching, performance management, talent development and succession planning.
• 5 years of relevant multi-line product knowledge, including a strong understanding of Life and Health insurance products, product design considerations, and regulatory requirements.
• Familiarity with systems utilized by regulatory team
• Strong technological skills
• Strategic understanding of the life and health insurance marketplace
• Excellent communication and negotiation skills

 

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~IN1

Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.

Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.

The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.

$89,900.00-$169,900.00

Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not.  All benefits are subject to the terms and conditions of individual Plans.

Company:

Unum