Jobs at Wilton Re (Now Hiring) — 8 open

Regulatory and Compliance Specialist

We are searching for an experienced Regulatory and Compliance Specialist at our Connecticut office.

Regulatory Compliance Specialist
Full Time
Norwalk, CT

About the Company:
Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.

Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.

Position Summary:
The Regulatory Compliance Specialist will support the Compliance Department generally to ensure the U.S. based companies in the Wilton Re enterprise are in compliance with insurance laws and regulations.  This position is primarily responsible for and will serve as the subject matter expert regarding regulatory and statutory changes. This will include reviewing changes to the law, determining applicability, creating a summary, and distributing to relevant business units and parties. The Regulatory Compliance Specialist may occasionally assist with responding to state insurance department data calls, managing the compliance calendar, conducting/assisting with internal reviews of documentation or processes, and ad hoc compliance projects.

Role Responsibilities:
Track changes in laws and regulation using third party software, other research tools and advisories issued from regulatory authorities and trade groups.
Analyze and interpret legal and regulatory changes and identify the compliance requirements.  
Take the lead role in communicating, implementing, and directing changes required by regulatory and insurance industry authorities, and later auditing processes to determine proper compliance.
Verify that all regulatory changes have been documented, implemented, and communicated to relevant internal and external parties.
Research and respond to regulatory and legislative questions from business units.
Maintain relationships with compliance teams within our insurance and reinsurance partners including third party administrators. 
Work closely with Legal for interpretation of the laws and regulation and risk assessment.

Basic Qualifications:
Minimum 3 years of experience in the legal or compliance department of a regulated entity or law firm representing regulated entities.
Strong analytical and problem-solving skills.
Demonstrated ability to manage multiple priorities and meet deadlines.
Communicate effectively and succinctly.
Ability to conduct regulatory and statutory research as required.
Proven ability to work independently and as part of a team.
Knowledge of life insurance products and operations preferred.

Required Education / Certifications:
Bachelors degree in Finance, Economics, Risk Management, Legal Studies, or related field

Pay/Location
Norwalk, CT 
Hybrid Structure
Minimal to no travel required

The role is nonexempt and eligible for paid overtime. The annualized salary/hourly rate range for this position in Connecticut is between 70,000-90,000. Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.

Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable plan terms.

What We Offer:
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site to join

Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.

To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resume