#R-122097
alty Product Filing Manager and will be accountable for state filings, responding to objections, timely approvals, and maintenance of compliant contractual documents. This individual will develop relationships and engage with state regulators and internal business partners on a regular basis. This role will place special emphasis on managing relationships to ensure both customer needs and business needs are met expeditiously.
Primary Responsibilities:
Understand new and existing statutory and regulatory requirements and the impact to new and existing products
Understand state specific filing requirements for membership benefit plans including where filings will be required and what materials will need to be included
Understand membership benefits plan requests received and participate in identifying the filings needed to support the plan
Perform analysis of non-standard policy form requests with the ability to determine where additional/expanded filings are required
Develop policy and certificate language revisions needed to comply with new and existing statutory and regulatory requirements, along with relevant insurance industry best practices, that are clear and conform with regulatory requirements
Perform state filing and approval process for policy and certificate forms, applications/enrollment forms, rate, and client filings
Provide thoughtful, accurate, timely status updates for filing initiatives keeping business partners with dovetailing responsibilities informed
Identify potential impact of language changes on administration, marketing, and claims and formulate alternatives to mitigate the impact
Research competitor filings to understand the insurance regulatory environment
Prioritize state filings based on business needs and regulatory requirements
Assist analysts in lower positions with drafting state specific language, regulatory interpretation, and state objections
Perform all aspects of the post-approval process for all state filings, including but not limited to validating approved forms, documenting state specific requirements, etc.
Review state variations on newly approved forms and engage with Legal and Compliance to create language for extraterritorial documentation for assigned states, if necessary
Provide meaningful feedback on new forms, including input on structure, organization, completeness, technical accuracy, grammar, formatting, and clarity
Respond to inquiries and requests from internal partners
Manage projects by identifying impacted business areas and key stakeholders, assign deliverables, manage target dates, and keep reporting manager apprised of challenges
Act as a liaison with business partners on special projects to keep work moving forward
Ad-hoc project work or other work as assigned
Leadership, Experience & Expertise:
Minimum 5-7 years with contract drafting and filing and/or life and health product development and/or compliance/insurance law experience
Thorough understanding of group and individual life and health products
Proficient with SERFF
Interacts directly with regulators, highly effective in communicating, negotiating, persuading regulators to obtain form approval
Handles the most complex state filing challenges with minimal assistance/guidance
Expert with all aspects of regulatory interpretation, contract construction and filings
Competent in assisting analysts in lower positions with assessing and responding to state objections
Strong results-orientation, with the desire and drive required to accomplish stated objectives
Ability to manage projects and work on multiple initiatives concurrently while producing quality work products
Highly collaborative, routinely seeking the right expertise across the team and Product organization
Curious and inquisitive, connecting ones work to the broader organization and the customer
Agile and adaptable, embracing and thriving in change
Strong interpersonal skills, clear communication skills, team orientation, and the desire and ability to work with business partners across the organization
Proficient with Microsoft Office applications such as Word, Excel, PowerPoint, and SharePoint
What we offer you:
Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $107,300.00 to $166,400.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
Market competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programsincluding up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email [email protected].
If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.