Compliance Director

ABOUT BESTOW

Bestow is a leading insurance technology platform serving some of the world's largest and most innovative life insurers. We are on a mission to increase financial stability for everyone. Bestow is a team of mission-driven, results-oriented individuals. We offer all employees a remote/hybrid workplace, meaningful benefits, substantial growth opportunities, and equity.

Bestow participates in the E-Verify Program.

ABOUT THE TEAM

Reporting to the Deputy Chief Compliance Officer, the Compliance Director will enjoy an exciting and dynamic opportunity to enhance Bestow’s state-of-the-art compliance program. Your high-impact role will help formulate a world-class compliance program for Bestow customers, employees, and contractors, fostering continued trust in the Bestow brand for customers, regulators, and employees.

Dallas Hybrid or Remote (US) #LI-REMOTE

ABOUT THE ROLE

Bestow is looking for a Compliance Director to lead the risk management and quality assurance program and contribute in the following ways:

• Ownership of the compliance testing and auditing programs.
•  Facilitate the review of state and federal regulatory compliance requirements, including an analysis of the business impact/operational risk assessment for enacted laws/regulations and recommended company compliance actions to ensure regulatory compliance.
• Advise on and anticipate strategic and tactical regulatory solutions by providing compliance subject matter expertise for project/process/product initiatives.
• Work with the Deputy Chief Compliance Officer to identify and advise on compliance action plans that have a regulatory impact on the company’s business.
• Work with the Deputy Chief Compliance Officer and the Chief Security & Privacy Officer in developing third-party risk assessments.
• Assist with implementing appropriate strategic/tactical solutions for compliance business requirements.
• Assist with the continued enhancement of the compliance program and compliance policies thereby fostering continued regulatory and customer trust of Bestow.
• Assist with the monitoring and management of regulatory requirements and reports.
• Ownership of issues and problems, helping to develop risk-based recommendations for solutions with assistance that can be presented to senior leaders.
• Help oversee compliance adherence through self-assessment programs and coordination of regulatory examinations.

• Bachelor’s Degree or equivalent experience required (Master’s preferred)
• 10-15 years of life insurance, legal and/or compliance industry experience
• Continuing progress toward or completion of insurance compliance certifications such as CCEP, CCP, FLMI, ALMI, AIRC, or CLU

• Experience with leading a compliance program:
• Managing a GRC Tool (Fusion preferred)
• Managing and creating third-party risk management assessments
• Developing risk metrics for continuous reporting
• Leading and managing risks and controls matrix for each area of the organization

• Experience with leading a testing and auditing program:
• Creating and managing the testing and auditing plan
• Periodic planned testing of organizational programs
• Conduct testing after reported incidents

• Excellent written and oral communication skills
• Ability to work both independently and in a team environment with compliance and business personnel
• Strong partnering skills and ability to think creatively
• Ability to manage multiple projects with minimal to limited supervision
• Highly organized and you pay close attention to detail
• You are proficient with Google Apps, Zoom, JIRA, and online chat/communication tools

TOTAL REWARDS

At Bestow, we’re proud to be awarded for our team members, innovative products, and culture. Our standard benefits include:

Competitive salary and equity based on role

Policies and managers that support work/life balance, like our flexible paid time off and parental leave programs 

100% paid-premium option for medical, dental, and vision insurance

Lifestyle stipend to support your physical, emotional, and financial wellbeing

Flexible work-from-home policy and open to remote

Remote and WFH options, as well as a beautiful, state-of-the-art office in Dallas’ Deep Ellum, for those who prefer an office setting

Employee-led diversity, equity, and inclusion initiatives

Recent Employer Awards include:

Best Place for Working Parents 2023

Great Place to Work Certified, 2022 + 2023 + 2024

Built In Best Places to Work, 2022 + 2023

Fortune’s Best Workplaces in Texas 2022 + 2023

Fortune’s Best Workplaces in Financial Services and Insurance 2022 + 2023

We value diversity at Bestow. The company will recruit, hire, and promote regardless of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, pregnancy or maternity, veteran status, or any other status protected by applicable law. We understand the importance of creating a safe and comfortable work environment and encourage individualism and authenticity in every team member. 

Thanks for considering a job at Bestow.