Company Description

Sia Partners is a unique management consulting firm composed of 850+ passionate consultants who drive business changes among our customers. Through unparalleled industry expertise, we deliver superior value and tangible results to our clients in over 21 sectors and service teams.

Financial institutions has drastically changed over the last decade and further evolutions are yet to come. Regulatory constraints have driven most of these transformations, but the disruptive revolution is much more complex and cannot be limited to the latter. Business models must be adapted within each business line and operating models must take into account industrial partnership, outsourcing or strategic alliances. Sia Partners assists its clients in coping with these transformations in order to improve their competitive advantages, flexibility productivity and profitability: strategic deployment, financial performance, business process optimization, digitalization, risk and regulatory adherence.

Sia Partners in NYC is hiring a contractor with ACH Regulatory knowledge.

Thanks to Sia Partners’ international footprint, the Financial Services practice is strategically located in all major financial and energy hubs (New York, Charlotte, UK, Europe, and Asia Pacific) and our integrated model allows teams from different countries to easily partner, when appropriate.

Job Description

Role Type: Contractor

Project: Insurance Regulatory Compliance

Duration: 14 weeks

Location: Remote/Charlotte/Current York/Toronto

ROLE OVERVIEW

We are seeking a subject matter expert (SME) in insurance regulations and compliance to support one of our key insurance clients.



This contractor role will focus on conducting a regulatory compliance review at the federal and state level to identify gaps that may exist in policies, procedures, standards and controls for life insurance, health, other employee benefits, and annuities offered by insurance carriers. The ideal candidate will have solid knowledge of insurance regulations (federal and state level), advanced proficiency with AI-powered compliance tools, and proven expertise in conducting comprehensive gap analyses.

KEY RESPONSIBILITIES

- Serve as the main point of contact with the Client, driving the day-to-day execution and delivery of the project objectives and milestones
- Serve as a subject matter expert on Insurance carrier operations and regulations
- Leverage understanding of both state and federal level regulations applicable to insurance carriers offering Life, Health and other Employee Perks to complete a gap analysis between state and federal level regulations against our clients’ policies, procedures, standards and documented controls
- Manage a team of junior consultants
- Deploy RegAI (Sia's proprietary reg review and reg matching AI agent) to help deliver the final report; utilize RegAI to accelerate regulatory text analysis, requirement extraction, and gap identification
- Analyze and interpret complex regulatory language across multiple jurisdictions and translate into specific compliance obligations as well as specific requirements




- Review and assess internal documentation for completeness, accuracy, and alignment with regulatory requirements
- Develop detailed gap analysis matrices, compliance assessment reports, and prioritized remediation recommendations

QUALIFICATIONS

- 5+ years of insurance carriers regulatory compliance and controls experience in risk or regulatory roles
- Demonstrated expertise in conducting comprehensive gap analyses between regulatory requirements and organizational policies, procedures, standards, and controls
- Deep expertise in insurance regulations focused on life Insurance, medical, dental and other employee benefits at the federal and state levels including NAIC
- Advanced ability to read, interpret, and extract specific compliance obligations from complex regulatory texts (statutes, regulations, bulletins, guidance documents)
- Experience with insurance regulatory frameworks including ORSA, ERISA, AML, OFAC, and SOL
- Proven experience mapping regulatory requirements to internal control frameworks and identifying control deficiencies
- Experience in KYC/AML and financial crime controls for insurance products
- Strong analytical skills with ability to systematically compare regulatory standards against documented policies, procedures, and controls
- Strong understanding of insurance products (life insurance, annuities, health insurance, disability, dental, vision, and other employee benefit products)
- Extensive experience reviewing and assessing compliance documentation, policy manuals, procedure documents, and control descriptions
- Proficiency in using technology tools for compliance reviews, including AI-powered regulat

📌 Manager - Regulatory Compliance (Contract) (Toronto)
🏢 Talantir
📍 Toronto