Company Profile

Insurance Compact Commission

Company Overview

The Insurance Compact enhances the efficiency and effectiveness of the way insurance products are filed, reviewed, and approved allowing consumers to have faster access to competitive insurance products in an ever-changing global marketplace. The Compact promotes uniformity through application of uniform product standards embedded with strong consumer protections.

The Insurance Compact established a multi-state public entity, the Interstate Insurance Product Regulation Commission (Commission) which serves as an instrumentality of the Member States. The Compact serves as a central point of electronic filing for certain insurance products, including life insurance, annuities, disability income, and long-term care insurance that are reviewed for compliance pursuant to comprehensive and detailed uniform product standards developed and adopted by Member States as their product content requirements, affording a high level of protection to purchasers of asset protection insurance products.

Since meeting its operational threshold in May 2006, the Commission now has 48 Member States representing 75% of the premium volume nationwide. The Commission has three officers that are elected annually, a Management Committee, a Legislative Committee, Consumer and Industry Advisory Committees, and seven other member Committees who direct Compact activity.

Benefits

• Flexible Work Environment
• 37.5 Hour Work Week
• Tuition Reimbursement
• Referral Bonuses
• Choice of Insurance Plans
• Vacation Buy Back
• Adoption Assistance
• Parental Leave
• Employee Recognition Programs
• Days Off for Community Service
• Student Loan Repayment Program

Positions Available
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  • 1 day ago

    Actuary Reviewer

    Insurance Compact Commission - MO, United States
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    The Insurance Compact Commission has an exciting opportunity for an Actuary Reviewer. We are looking for a team member who would enjoy working for an organization that supports insurance regulators, consumers, and insurance companies by improving the efficiency and uniformity of product filing review and approval in the ever-changing insurance marketplace. The Actuary Reviewer is responsible for providing professional actuarial support to the collaborative review and approval of Compact product ...

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