Legal & Compliance Operations Specialist

Legal and Compliance Operations Specialist

At Farmers Mutual Hail (FMH), our mission is simple: protect the livelihoods and legacies of America’s farmers through the complete farm insurance solutions we offer. As America’s Crop Insurance Company™, we are headquartered in the U.S. and have been owned by the farmers we insure for over 125 years.

As a Legal and Compliance Analyst at FMH, you will assist the Legal and Compliance Department staff with the general administration of the Company’s legal and compliance functions. This position is also responsible for assisting with the administration of Company duties with respect to the Ineligible Tracking System (ITS).

BENEFITS:

Our employees appreciate our family-oriented culture, and we make sure their benefits reflect that. In addition to a competitive salary and bonuses, medical/dental/vision plan, 401(k) plan with a generous company match, you will be eligible for benefits such as:

• Hybrid work schedule, after training is completed
• Paid Parental leave and Caregiver leave
• Employee appreciation events 
• Employee Assistance Program (EAP) for support when you and your family need it
• On-site cafeteria and fitness center

REQUIREMENTS:

To be considered for this role, you will need the following:

• Experience: At least two to five or more years of experience with MPCI adjusting, claims, underwriting or compliance experience.
• Education: Associate’s degree required; Bachelor’s degree preferred.

RESPONSIBILITIES: 

• Assists with administering, monitoring, and maintaining compliance of the ITS. This includes but is not limited to record retention, transmission of eligibility statuses, and requests for administrative reinstatement. 
• Administers and monitors all payment plans for unpaid debts (i.e., premium, claim overpayments, additional premium after the termination date). 
• Responds to tax liens and bankruptcy filings as well as assisting with filing claims with the bankruptcy courts when necessary. 
• Assists with the coordination of written correspondence to policyholders requesting claim overpayments and additional premium. Works closely with claims, underwriting, and accounting to ensure accuracy in the dollar amounts of those requests. 
• Responsible for the outsourcing of unpaid debts to FMH. Works with the collection agency in a timely manner to gather any documents they may need in the process of collecting the outsourced debts. 
• Assists with the production of documents pertaining to subpoenas or requests for discovery. 
• Assists Compliance staff as needed on quality control processes required by the Standard Reinsurance Agreement (SRA).

Does this sound like a good fit for you? Apply today through our website!

This position is not eligible for sponsorship for work authorization by Farmers Mutual Hail Insurance Company of Iowa. Therefore, if you will require sponsorship for work authorization now or in the future, we cannot consider your application at this time.

Farmers Mutual Hail Insurance Company does not discriminate in employment (EOE).  All qualified applicants are encouraged to apply. #LI-DNI