Insurance Compliance, AVP (Hybrid)

Join Our Team as an Assistant Vice President, Insurance Compliance at 5Star Life Insurance!

Are you a seasoned professional in insurance compliance looking to take on a strategic leadership role? We are seeking an experienced Assistant Vice President to lead our compliance team and drive the development and execution of our regulatory strategy. This critical position ensures that our operations meet all legal and regulatory standards while fostering innovation and growth.

Key Responsibilities:

• Lead and manage a team of compliance professionals, fostering development and performance.
• Design, implement, and monitor company-wide compliance programs and internal controls.
• Collaborate with senior management and legal teams to align compliance efforts with business goals.
• Oversee market conduct exams, regulatory inquiries, and industry reporting.
• Manage product filings and ensure alignment with state insurance department requirements.
• Prepare and analyze compliance reports and metrics to guide departmental workflow.
• Ensure adherence to regulations from state insurance departments, IRS, SEC, and internal policies.
• Handle corporate governance filings and board reporting for AFBA and related entities.
• Lead fraud reporting, AML training, and other regulatory compliance initiatives.

EDUCATION AND EXPERIENCE 

• Bachelor’s Degree required and LOMA Designation preferred
• JD degree, highly preferred
• Minimum 5-7 years of experience in a leadership and or supervisor role required
• Minimum 10 years of insurance, life insurance, and/or annuity, and/or voluntary supplemental health benefits experience required.
• A minimum of 5 years of relevant compliance or internal audit experience is required.

Company Information:

In 1947, AFBA emerged from the basement of the Pentagon to solve a critical need in support of the military. More than 75 years later, our commitment to those who serve and to solving their unique problems remains core to everything we do. Founded to provide military members with a death benefit no one else would, we continue to embrace our mission and deliver benefits tailored to the real-life needs of all who serve today, including active duty, National Guard, and first responders. Providing protection to those who go in harm’s way, we ensure survivor and other benefits are available to all who serve, defend, and protect our great nation, no matter what. 5Star Life Insurance Company was founded in service and carry that mission today by committing to serve those who serve, from underwriting benefits for military and first responder families to providing coverage to the employees that keep our communities running. Our commitment to our communities – rather than the bottom line- drives our business.

5Star Life Insurance offers a competitive salary ranging from $130,000 to $145,000 annually, along with a comprehensive benefits package including health insurance, life insurance, dental insurance, vision insurance, 401(k), and more. This position is located in Alexandria, VA with a flexible hybrid work environment.

Qualified people of all races, ethnicities, ages, sex, genders, sexual orientations, national origins, gender identities, marital status, religions, veterans' statuses, disabilities, and any other protected classes are strongly encouraged to apply. As an equal opportunity workplace, we are committed to creating an inclusive environment for all employees. AFBA and 5Star Life Insurance Company endeavors to make reasonable accommodations to the known physical or mental limitations of qualified applicants with a disability unless the accommodation would impose an undue hardship on the operation of our business. If an applicant believes they require such assistance to complete the application or to participate in an interview, or has any questions or concerns, they should contact Human Resources.  EEO is the Law (Link to external DOL site). AFBA and 5Star Life Insurance Company is an Equal Opportunity Employer and an E-Verify Employer.