Policy Analyst

Responsible for preparation of new policy filings and maintenance of existing programs to conform to Insurance Department standards and other insurance/non-insurance products as requested.Review new and proposed legislation for impact on company and/or business unit.Prepare Installation Package for management review.Interact with other departments regarding product needs.

In the Role

•Participate in the drafting of language for new insurance products in compliance with state laws and regulations and file new forms and rates for state approval.•Respond to insurance departments regarding filings.Oral and/or written communication required to explain filings or ascertain state requirements for approval.Be able to effectively present and argue Company position.•Draft installation packages Upon approval, release product for installation. •Interact with marketing, Actuarial and other internal departments to discuss product needs.Provide these areas with information on product availability and installation of approved products.Provide necessary information to maintain compliance with state requirements. •Review and with guidance take appropriate action in response to regulatory changes. •Modify and file revisions to existing programs to meet marketing needs, and at the same time maintain compliance with state laws and regulations. •Assist with the development of language for prototype forms to be used in filings.•Interact with Compliance departments to provide product information for internal and external exams.•Develop communication links with other insurers and organizations to exchange product and related information.•Assist with the maintenance of the product forms, parameters database, issuing Master Policies and the supporting Master Policies documents. •Special projects as assigned.

Requirements

•Education:•High School, some collegepreferred•Experience:•5 yrs. insurance industry experience, including 2 years compliance or related experience in dealing with specific P&C or Life and Health product lines.•Problem Solving/Analytical Skills:•Necessary to understand and interpret regs which define products written, filing requirements, and department objections.Understanding rates and their development. •Communication Skills:•Required to effectively communicate with insurance departments using diplomacy and persuasive skills to sell the Company’s position to State Departments of Insurance. The ability to explain products, communicate ideas and arguments effectively with the state is essential to the position.Inter-company communication with other departments (marketing, claims, accounting, actuarial.) to provide product information and develop product filings.•Office Equipment/Machines:•PC knowledge with Microsoft software a must.

Preferred:

Knowledge of the Credit and Non-Credit optional products offered by OneMain.

Location:

Fort Worth or Evansville, Hybrid Schedule with two remote days a week and On Site three days of the week.

Who we Are

OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we’ve looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.

Driven collaborators and innovators, our team thrives on transformative digital thinking, customer-first energy and flexible work arrangements that grow lives, careers and our company. At every level, we’re committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There’s never been a better time to shine with OneMain.

Because team members at their best means OneMain at our best, we provide opportunities and benefits that make their health and careers a priority. That’s why we’ve packed our comprehensive benefits package for full- and some part-timers with: 

Health and wellbeing options for team members and their dependentsUp to 4% matching 401(k)Employee Stock Purchase Plan (10% share discount)Tuition reimbursementContinuing educationBonus eligiblePaid time offPaid volunteer time And more