Lead Manager, Forms Drafter and Compliance

Location NC, United States
Experience level Experienced Hire
Job details sector Legal and Compliance
Apply before Date not available

Lead Manager, Life Forms Drafter and Regulatory Compliance 

Job Description:
AXA is looking for a knowledgeable and innovative person to join us in our Charlotte location and build out our Forms and Filing Team.  The Forms and Filing function within our US Life Business is paramount to both ensuring the successful rollout of new and enhanced products, as well as ensuring that current products remain in compliance with various state regulations.

This position's primary responsibility will be to draft AXA's individual life insurance policy, rider, and endorsement forms for variable life, indexed variable life, universal life, indexed universal life, whole life and term life in accordance with Product Management's specifications, current state insurance laws, and current Interstate Insurance Product Regulation Commission (IIPRC) form standards, and to obtain final sign-off of such drafts by internal parties, such as Product Management, Legal Division, and Actuarial. Detailed key accountabilities are specified below.

State Filings:
• Collaborates with team members to submit final versions of life insurance forms to state insurance departments and the IIPRC for approval before product launch via the System for Electronic Rate and Form Filing (SERFF);
• Also drafts comprehensive state insurance department cover letters that accompany state form filing submissions and completes ancillary filing documents, such as state certifications;
• Coordinates workflow with Actuarial to ensure filing deliverables, such as required actuarial basis memoranda, within specified timelines;
• Manages, as well as assists team members with, the preparation of product filings (e.g., determining state filing fees, completing the required IIPRC "Mix and Match" information, calculating Flesch readability scores) and ensures completion of the approval process of such filings within specified timelines;
• Expeditiously resolves any filing objections from state insurance regulators or the IIPRC within specified deadlines to secure maximum number of approvals before product launch;
• Circulates periodic reports or release memoranda to internal parties (e.g., Product Management, Actuarial, and IT) to inform them of product approval status, any new form revisions or state variations, new administrative requirements and rules for policy issuance, or regulatory changes;
• Periodically conducts research or compiles filing-related documentation for internal parties, such as the Legal Division, Product Management, or Actuarial;
• Works with team members and IT to ensure accurate input of approved life insurance forms into AXA's administrative systems; and
• Acts as a "go-to" person for life insurance forms compliance questions from internal parties.
Regulatory Compliance
• Requires periodic travel to industry meetings to keep abreast of life insurance topics, such meetings include the Association of Insurance Compliance Professionals, American Counsel of Life Insurers, and the Life and Health Compliance Association;
• As assigned by the Director of the team, monitors and tracks proposed or new state insurance legislation and regulations via RegEd—the Company's compliance operation system—and informs appropriate internal parties of any change in forms or operations;
• Assists the Director of the team with state insurance departments' market conduct examinations as needed.


Knowledge, Skills, Abilities, Education:
• 5+ years of solid individual life insurance forms drafting, filing, and compliance experience in at least three of the life insurance product types listed above;
• Detailed-oriented;
• Familiarity with, and the ability to interpret with minimal supervision, state insurance laws and regulations;
• Strong research, analytical and practical problem-solving skills;
• Effective verbal and written communication skills;
• Bachelor's degree required;
• Proficient in Microsoft Office applications, knowledge of RegEd a plus.




Would you like to wake up every day driven and inspired by our noble mission and to work together as one global team to empower people to live a better life? Here at AXA we strive to lead the transformation of our industry. We are looking for talented individuals who come from varied backgrounds, think differently and want to be part of this exciting transformation by challenging the status quo so we can push AXA - a leading global brand and one of the most innovative companies in our industry - onto even greater things.
In a fast-evolving world and with a presence in 64 countries, our 166,000 employees and exclusive distributors anticipate change to offer services and solutions tailored to the current and future needs of our 103 million customers.

We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
As an employer AXA is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. AXA US has been recognized and certified as a great place to work by the Great Place to Work Institute.
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave AXA.  Almost 40% of our open jobs are filled with current employees.

NOTE: AXA participates in the E-Verify program.


In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.


AXA is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.