Why Work with Us? The Montana State Auditor, Commissioner of Securities and Insurance (CSI), has an exciting opportunity for an Insurance Policy Compliance Specialist 2 in our Forms Bureau. The CSI is a small, family-friendly agency that values unity, effective working relationships, and mutual respect. We challenge our team members to excel as individuals and as part of a supportive team, offering mentorship, education, training, and opportunities for career growth. To learn more about our agency, benefits, and this position, visit our "Work with Us" page on our website. HERE ------------------------------------------------------------------------ CSI Overview We protect all Montanans by regulating two of the state's largest industries, securities and insurance. Our mission is to foster a thriving marketplace through education, common-sense regulation, and equitable enforcement of the law, ensuring swift accountability for fraudsters and justice for victims. CSI is a criminal justice agency. Additional information about our vision and mission is available on our "About CSI" webpage.HERE Job Overview We are seeking a candidate to fill the role of Insurance Policy Compliance Specialist 2 in our Forms Bureau. The successful candidate will serve as a contract reviewer, responsible for thoroughly analyzing and reviewing complex insurance contracts, policy forms, endorsements, riders, and related documentation. The primary goal is to ensure all insurance products issued in the state provide protection for Montana consumers by meeting statutory requirements. This requires significant reading and understanding of insurance contract language and the ability to interpret and apply Montana statutes and administrative rules with precision. ------------------------------------------------------------------------ What can you offer us? The successful candidate will be responsible for the following essential functions and other similar tasks: Insurance Contract and Form Review: Review and analyze insurance policy forms and contracts to ensure compliance with regulatory requirements and Montana law, identifying and articulating areas of non-compliance to assist insurers with necessary revisions. Statutory and Regulatory Interpretation: Demonstrate the ability and experience to interpret and apply Montana statutes, administrative rules, and relevant federal insurance laws (e.g., HIPAA, ACA, COBRA, ERISA) to insurance contract language, providing clear, actionable feedback to insurers. Communication and Collaboration: Clearly communicate with insurance companies, both orally and in writing, to resolve unacceptable policy provisions and guide companies through the compliance process. Technical Reading and Writing: Utilize strong technical reading and writing skills to draft correspondence, summarize findings, and articulate recommendations. Self-Management: Monitor and manage assigned and pending form filings to ensure timely review and approval as required by law. ------------------------------------------------------------------------ Minimum Educational and Experience Requirements The knowledge, skills, and abilities to successfully perform this job are typically acquired through a combination of education and experience equivalent to a bachelor's degree in business administration or a related field and one year of job-related/insurance experience, or a minimum of four years of job-related/contract or insurance experience. ------------------------------------------------------------------------ Preferred Education and Experience Education or experience within the insurance industry that includes multiple lines of insurance business: Life, Disability (Health and Long-Term Care), and/or Property and Casualty insurance. Or experience within the legal industry reviewing regulations, contracts, and other legal documents, such as paralegal work. Alternate combinations of education and experience may be considered on a case-by-case basis. ------------------------------------------------------------------------ Professional Designations Insurance industry professional designations are a plus, such as: ALMI, CLU, HIA, CIC, and RHU. Other recognized industry credentials or NAIC regulator designations will also be considered. ------------------------------------------------------------------------ Ideal Candidate Profile and Competencies We are looking for candidates who bring the following education, experience, and competencies: Education: A bachelor's degree is preferred, but candidates with equivalent experience will also be considered. Background: Experience reviewing legal documents, contracts, or insurance forms, such as paralegal, contract reviewer, or similar legal/compliance roles. Regulatory Expertise: Demonstrated ability to interpret and apply Montana statutes, administrative rules, and relevant federal insurance laws to ensure compliance. Technical Proficiency: Strong ability to read, interpret, and analyze complex technical and legal language, with excellent written and verbal communication skills. Analytical Skills: Keen attention to detail, strong analytical and research skills, and the ability to analyze and summarize contract provisions. Communication Skills: Strong written and verbal communication skills, including effective business writing, spelling, punctuation, and grammar. Interpersonal Skills: Ability to build, establish, and maintain effective working relationships with colleagues, industry professionals, and the public. Work Style: Ability to work independently with minimal supervision, adapt to changing priorities, stay on task despite interruptions, and exercise sound judgment and decision-making. Customer Focus: Strong customer focus, attention to detail, and follow-through. Organizational Skills: Strong organizational skills, effective time management, flexibility, and multitasking abilities. ------------------------------------------------------------------------ How to Apply Special Instructions: If you have the qualifications and an interest in protecting Montana consumers, please submit the following with your application materials: 1. Cover Letter: Describe your knowledge and experience in the insurance or legal industry, including reviewing regulations and analyzing materials. Also, discuss your specific experience with Life, Disability (Health and Long-Term Care), Property and Casualty insurance, or reviewing legal documents and contracts. 2. Resume Your application will NOT be considered without these required items. Important Tip: When uploading and submitting your application materials, please mark your attachments as "relevant" or we will not be able to view your documents. All application materials are subject to review and verification. CSI will invite a limited number of applicants to a minimum of one structured interview, which may include a performance test. Those selected are subject to successful reference, background, and fingerprint checks. Only electronic materials will be accepted. If you need assistance or an accommodation, please contact Human Resources. Title: Insurance Policy Compliance Specialist 2 Location: Helena Requisition ID: 25141194
