Benefits Compliance Analyst - Insurance

At Frost Bank, we are committed to providing our customers with the best possible benefits options. As the Benefits Compliance Analyst for our Insurance division, you will play a crucial role in ensuring that our customers receive the coverage they need and deserve. We are seeking a detail-oriented and highly analytical individual with a strong understanding of insurance regulations and compliance requirements. If you are passionate about ensuring the well-being of others and have a keen eye for detail, we would love to have you join our team!

1. Conduct thorough research and analysis of insurance regulations and compliance requirements to ensure Frost Bank's benefits options are in line with industry standards and legal guidelines.
2. Collaborate with internal teams to develop and implement policies and procedures that adhere to insurance regulations and compliance requirements.
3. Monitor and review insurance policies and contracts to identify potential risks and ensure compliance with state and federal laws.
4. Keep up-to-date with changes and updates in insurance regulations and communicate any potential impacts to relevant stakeholders.
5. Assist in conducting audits and assessments to evaluate compliance with insurance regulations and identify areas for improvement.
6. Work closely with insurance vendors to negotiate and obtain the best possible benefits options for Frost Bank's customers.
7. Develop and maintain detailed documentation of compliance processes and procedures.
8. Respond to customer inquiries and concerns related to insurance compliance and benefits options.
9. Collaborate with the legal team to ensure all insurance policies and contracts are in compliance with legal requirements.
10. Provide training and support to internal teams on insurance regulations and compliance requirements.
11. Participate in industry conferences and seminars to stay current on emerging trends and best practices in insurance compliance.
12. Communicate regularly with management and provide updates on compliance issues and potential risks.
13. Uphold a high level of confidentiality and ethical standards when handling sensitive customer information.
14. Continuously evaluate and improve compliance processes to ensure Frost Bank's benefits options remain competitive and compliant with regulations.

According to JobzMall, the average salary range for a Benefits Compliance Analyst - Insurance in San Antonio, TX, USA is approximately $60,000 to $80,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or organization the individual is employed by. Additionally, benefits and bonuses may also be included in the overall compensation package.

Frost Bank is a Texas-chartered bank based in San Antonio with 134 branches and 1,300 automated teller machines, all in Texas. It is the primary subsidiary of Cullen/Frost Bankers, Inc., a bank holding company. It is on the list of largest banks in the United States.