Senior Compliance Analyst – Insurance & Retirement Fraud Investigations (Hybrid location)
Responsibilities
Responsible for investigating and analyzing multiple moderate to complex investigations that have been referred to the Financial Crimes Unit (FCU) for potential fraud.
Investigates insurance and retirement investigations including complex agent investigations, elder exploitation investigations and account takeover investigations.
Performs a thorough investigation including (1) quickly gathering and analyzing facts, (2) assessing the associated risks; and (3) providing prompt conclusions and recommendations to management.
Reviews the facts of a case and works with Management team to determine if fraud can be substantiated, complete a root cause analysis, and determine if state fraud filings need to be completed.
Review current policies and procedures; identify and help to implement new and/or enhanced practices.
Works independently, prioritizing own responsibilities, and managing own workload.
Assist in responding to regulatory inquiries with direction from senior levels.
Collaborate with business partners to gather facts and educate them on red flags and controls to mitigate fraud risks.
Foster a culture of compliance to help prevent, detect, and reduce company risk with respect to financial crime.
Assist team members with research and assigned tasks and provide training to supported teams.
Qualifications
Bachelor’s degree in business, marketing, pre-law or other relevant field, or equivalent education and experience.
Four years of insurance experience or regulatory, securities, compliance experience.
Areas of experience desired may vary based upon assigned compliance functions and may include contract development, claims, underwriting, legal research, fraud or anti-money laundering investigations and/or communications.
Written and verbal communication skills.
Analytical and research skills.
Proficiency using MS Office tools.
Preferred Qualifications
Experience with investigating potential insurance and retirement fraud.
Working Conditions
Hybrid environment: 1 day a week in Cedar Rapids, IA.
This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.