Vice President of Compliance

Mark Banks is the Vice President of Compliance for SILAC Insurance Company®. Mr. Banks has more than 23 years of experience in the life & health insurance industry, with 20 years in regulatory and corporate compliance roles.  Mr. Banks’ primary responsibilities include oversight of annuity product compliance, corporate licensing and reporting, and legislative and regulatory tracking and implementation, among other things.

Prior to joining SILAC, Mr. Banks served as a Regulatory Compliance Administrator fort he Regence Group, a Blue Cross and Blue Shield affiliate, where he focused on product compliance and legislative and regulatory activity for the states of Utah and Idaho.  Mr. Banks started his compliance career with Altius Health Plans, an Aetna affiliate HMO.

Mr. Banks is a former President of the Western Chapter of the Association of Insurance Compliance Professionals and holds Associate, Insurance Regulatory Compliance (AIRC) and Associate, Life Management Institute (ALMI) designations from the Life Office Management Association.

VP of Compliance
23+ years of experience