Consultant Grp Contracts Dev
MetLife - New York, NY

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Job Location

New York, New York

Job Description

Insurance policy form development and compliance - group critical illness, accident and hospital indemnity products. We will consider locating the position in our New York, Bridgewater, NJ or Bloomfield, CT office.

Functional Responsibilities:
Consult with product development team, actuarial, underwriting, law department and operations to identify and build product specifications

Draft complex insurance policy forms based on product specifications

Regulatory research, analysis and drafting with respect to state requirements that apply to the forms and/or type of group

Prepare state submissions including state specific materials

Respond to state insurance department objections and questions

Negotiate approvals state insurance departments

Submit rate material developed by actuaries to state insurance departments

Maintain records of submission activity and approved form

Partner with issue system team and product development team to place approved forms in issue system

Analyze proposed/final laws and regulations to: provide input on proposed laws/regulation; determine impact on policy forms; and implement any required contract changes for implemented laws/regulations in coordination with product and operational partners

Partner with product areas to address and develop solutions for contract related compliance and customer issues

Partner with product development teams, government relations, law department, compliance areas, actuarial and other internal partners as needed to address and resolve contract related issues

Job Requirements

Excellent drafting skills and ability to work with multiple editors

Ability to analyze regulatory material (e.g. statutes, regulations, insurance department bulletins) to determine any impact on policy forms

Strong problem solving skills; able to come up with creative solutions that satisfy the needs of all parties

Organizational ability - able to keep large numbers of tasks and matters organized and moving, while maintaining consistently high work quality and not losing control of details

Strong negotiation skills

Experience Required

  • 3-5 years insurance regulatory or other relevant experience
Education Required

Bachelors Degree; J.D. a plus

Business Category

Americas Region

Job Category
Compliance

Number of Openings

1

Equal Employment Opportunity
MetLife is proud to be an equal opportunity/affirmative action employer. We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce.

How To Apply
For immediate consideration, click on the Apply Now button below. You will be directed to complete an on-line profile which may take 15 – 20 minutes to complete. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

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