Regulatory Operations Analyst III

** Business Area:
** Administrative & Claims Operations

** Job Type:
** Full time

** Position

Purpose:

** Reviews, interprets and summarizes proposed and enacted legislation and regulatory updates to the business as a subject matter expert on various complex topics. Performs state or federal policy research and regulatory change monitoring with a goal of achieving formal regulatory approval of Commercial/Marketplace products.

** Key Details:
** Working hours are CST (Central). Must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Sponsorship and future sponsorship are not available for this opportunity, including employment-based visa types H-1B, L-1, O-1, H-1B1, F-1, J-1, OPT, or CPT.

+ Identifies, analyzes and interprets proposed or enacted legislation related to assigned product at the federal and state level and communicates findings to impacted departments. Independently performs risk assessments, including impact to business applications and downstream output. Maintains database and other reference materials related to legislative and regulatory issues and compliance.

+ Performs comprehensive, complex regulatory analyzes, including the review, summarization and dissemination of key regulatory updates and changes related to Commercial/ACA rules and regulations at the state and/or federal level. Leads regulatory interpretation related to Commercial/ACA Rules and regulations and the commercial product explaining concepts clearly and adapting language and presentation based on audience level. Provides advice to business as new regulations emerge.

+ Uses persuasive arguments and secures cooperation from the business in order to address potential legal, contractual and/or regulatory issues. Ability to determine appropriate approach for solving regulatory problems.

+ Develops trust-based relationships within varied audiences and collaborates with other functional areas to lead large projects and initiatives. Attends cross-departmental meetings as department representative, provides guidance to the business related to regulatory requirements and appropriately escalates matters to management. Solutions to address potential legal, contractual and/or regulatory issues which arise working closely with internal departments as well as Legal and Compliance.

+ Support and manage relationships between health plans and regulatory agencies, including state and federal regulators. Independently drafts responses to external requests for information required by the organization for its regulatory filings and/or for policy needs.

+ Responsibility for understanding regulations and business needs for multiple states, as well as federal regulations pertaining to the commercial health insurance market.

+ Assesses and analyzes objections related to regulatory interpretation and leads drafting of appropriate responses which are provided to regulators related to commercial/ACA filings. Partners on response with cross-functional partners as needed.

+ Leads and supports regulatory guardrails for new state entry and new product development, working closely with legal on preparation of COA application materials/submissions for new states and/or products.

+ Assists in developing and mentorship of junior employees, supporting creation and revisions to training materials.

+ Performs other duties as assigned.

+ Complies with all policies and standards.

** Education/

Experience:

*
* + Bachelor's Degree in Business, Communications, Healthcare, Political Science/Pre-Law or equivalent experience required. Master's Degree in a related field, Juris Doctorate degree may be considered in place of experience preferred.

+ 4+ years experience in health insurance, legal, compliance or related field required.

+ Experience reviewing regulations and providing interpretation using terms appropriate for the audience preferred.

+ Experience in commercial health insurance and/or behavioral health managed care preferred.

Pay Range: $70,100.00 - $ per year

** At Centene, we connect people to the care they need to live healthier lives - and the work you do here makes that impact real every day.
** You'll take on meaningful challenges that directly support individuals, families, and communities, building your skills while making healthcare more accessible and effective. It's work with a purpose you can see, backed by a team committed to improving lives well beyond the workday.

Centene offers a comprehensive benefits package including:…