Sr Compliance / Regulatory Analyst LIC

Location: Minneapolis, Minnesota

Why Join Thrivent

Thrivent is a mission-driven, not-for-profit financial services organization empowering Christians to flourish through holistic financial advice, investments, insurance, and generosity programs. Headquartered in Minneapolis, Minnesota, we serve over 2 million members nationwide with a faith-based approach to financial wellness. As a Sr Compliance / Regulatory Analyst LIC, you'll play a pivotal role in safeguarding our mission by ensuring regulatory excellence in our life insurance compliance operations.

Join a collaborative culture that values courage, collaboration, and commitment. At Thrivent, you'll enjoy a hybrid work environment in vibrant Minneapolis, competitive pay, and comprehensive benefits. Be part of an organization consistently ranked as a top employer by Forbes and Glassdoor, where your expertise in compliance and regulatory analysis directly impacts lives. Thrivent fosters continuous improvement, exceptional employee engagement, and an unwavering client commitment. Shape a culture aligned with our purpose, promise, and values, maintaining trust with clients while advancing your career in financial services compliance.

Role Description

The Sr Compliance / Regulatory Analyst LIC position is responsible for analyzing and applying complex regulatory and compliance requirements to Thrivent’s life insurance business practices. You will ensure appropriate regulatory processes and controls are established and functioning effectively. This role demands interpreting detailed, often intricate regulatory requirements, leveraging practical and conceptual subject matter expertise. Provide polished, clear consultation and advice to help business partners understand and mitigate risks. Handle complex assignments, lead documentation for regulatory investigations or audits, and represent Thrivent in high-stakes interactions.

In this senior-level role, you'll partner cross-functionally to drive compliance initiatives, conduct in-depth research, and model Thrivent’s leadership competencies. Ideal for seasoned professionals passionate about regulatory compliance in the insurance industry, this position offers leadership opportunities in a dynamic, values-driven organization.

Detailed Responsibilities

• Gather and synthesize information from multiple sources, including regulatory websites, legal research tools, and industry resources, to deliver meaningful insights.
• Conduct thorough research and apply knowledge to business practices, communications, and procedures to draw conclusions and recommend actionable steps.
• Clearly and succinctly communicate findings to business partners, representatives, and management, enabling stakeholders to grasp regulatory requirements and associated risks.
• Partner collaboratively with key stakeholders to identify and remediate compliance deficiencies.
• Provide expert compliance/regulatory consultation on complex matters, performing testing and monitoring functions to uphold standards.
• Represent the unit on cross-organizational initiatives; lead in-unit projects and support key regulatory/compliance efforts across divisions and corporate levels.
• Regularly interact with regulators and auditors, developing, maintaining, and implementing robust policies and procedures.
• Model Thrivent’s leadership competencies – courage, collaboration, and commitment – by demonstrating resiliency, fostering teamwork for optimal decisions, and ensuring accountability.
• Support an environment of continuous improvement, employee engagement, and client focus, upholding Thrivent’s purpose, promise, and values.

Required Skills

Thrive in this role with these essential skills:

• Advanced regulatory interpretation and analysis
• Risk assessment and mitigation
• Stakeholder consultation and communication
• Compliance testing and monitoring
• Policy and procedure development
• Research using legal and industry tools
• Project leadership and cross-functional collaboration
• Interaction with regulators/auditors
• Documentation for audits/investigations
• Subject matter expertise in life insurance compliance

Education & Experience

• Bachelor’s degree or equivalent relevant work experience.
• 3-10 years of directly related experience in compliance, regulatory analysis, or life insurance.
• In-depth knowledge of applicable laws, regulations, regulatory requirements, and industry best practices in financial services and insurance.

Compensation Overview

Competitive base salary plus performance incentives, reflecting seniority and expertise.

Benefits

Thrivent offers exceptional benefits including medical, dental, vision, 401(k) with company match up to 6%, generous PTO, parental leave, wellness programs, professional development, and faith-based volunteering opportunities. Enjoy flexible hybrid work, employee assistance programs, and tuition reimbursement to support your growth.

Thrivent is an Equal Opportunity Employer committed to diversity, inclusion, and providing reasonable accommodations.