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Counsel - Healthcare Compliance The candidate will manage counsel, enterprise compliance is responsible for providing legal and regulatory guidance and support to ensure Cigna is in compliance with state holding company laws and for regulatory work related to company licensing and other corporate initiatives as well as guidance on market conduct matters as appropriate. Counsel will work in partnership with the Sr. Compliance Specialist, Insurance Regulatory. Will assess intercompany transactions, including affiliate agreements, borrowing and lending, dividends and acquisitions to determine holding company law implications and to develop and submit the more complex filings to state regulators for approval. Draft or assist with drafting of agreements in support of holding company compliance. Develop and maintain strong partnerships with all business teams and others within the Legal Depâ€™t to ensure transparency regarding project status and satisfaction of business needs and initiatives. Develop and maintain partnership with International team members to ensure any foreign transactions with domestic impact are reviewed and filings made to support compliance with US holding company laws. Lead regulatory support for corporate licensing and other initiatives and well as provide regulatory support, as necessary, on market conduct examination matters. Responsible, in partnership with the Sr. Compliance Specialist, for the maintenance of operational policies and procedures related to holding company compliance. Develop and maintain strong knowledge of firmâ€™s holding company system. Develop and maintain strong partnerships with state regulators and internal clients and provide regular status updates on project work. Maintain project status via teamâ€™s intake and inventory process. Conduct research and provide legal and compliance guidance on other insurance regulatory matters such as insurance licensing initiatives, legal entity realignments, and market conduct examination matters; provide guidance and work collaboratively with legal, compliance, and business partners. Works closely with internal clients to provide creative, pro-active, solution-oriented advice to support and protect business goals and objectives. Responsible for developing and maintaining a strong understanding of the key aspects of firm's global strategy to effectively advise clients on substantive issues related to state insurance regulatory requirements.
Qualification and Experience
The candidate should have 5+ years of corporate regulatory or law firm experience in the healthcare field Bar membership. Strong analytical, negotiating and communication skills and proven ability to develop and manage relationships with business client is needed. Prior experience working directly with state Departments of Insurance is advantageous. Financial background is helpful. Technologically proficient with Word, PowerPoint and Outlook is needed.
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