SUMMARY:

Provide compliance support, particularly annuity suitability reviews and analysis, statutory reporting, audits and other regulatory compliance work.

RESPONSIBILITIES:
• Use of sound and consistent judgment to perform annuity suitability reviews with thorough analysis of information presented and accurate application of state laws, company policies and procedures for annuity sales
• Utilize FAST and other company computerized systems to correctly track, document, and troubleshoot annuity suitability reviews
• Assist in resolution of suitability issues that may arise
• Identify suspicious suitability trends, patterns or practices identified during suitability reviews and taking appropriate action to impact behavior, including escalation with explanation of findings and recommendations for addressing issues identified
• Keep abreast of laws and regulations for annuity sales and changes to them as well as company processes and procedures for annuity products
• Participate in cross training support as needed
• Respond in a timely manner to suitability and other compliance related inquiries with appropriate discretion for information disclosed based on the audience
• Perform any other compliance duties as requested

EDUCATION and EXPERIENCE:
• BA or BS preferred or equivalent relevant work experience and training
• Minimum 3-5 years annuity suitability reviews and analysis experience
• Minimum 3-5years regulatory compliance experience with in-depth knowledge of fixed annuity and life insurance products

SKILLS AND KNOWLEDGE:
• Understanding of industry regulations, the regulatory environment for fixed annuity and life insurance sales, insurer supervision systems for annuity sales, financial services products, and concepts for managing wealth
• Ability to interact with all levels of Company associates and business units as well as state regulators and external business partners, including producers, insurance agencies, third party administrators, service providers and others
• Resourceful and able to find information that is not readily available from a single source
• Excellent analytical and problem-solving skills, including the ability to disaggregate issues, determine root causes, and recommend solutions
• Ability to multitask efficiently and manage priorities and time to complete tasks
• Ability to collect, organize and interpret large amounts of data
• Ability and willingness to address concerns or challenging questions when they arise
• Intermediate level proficiency in use of MS Office, Adobe Acrobat and Microsoft Teams
• Ability to maintain the strictest of confidence regarding Company information, dealings and other sensitive information
• Must exhibit a professional demeanor and maintain a high level of integrity

COMPETENCIES:

Drive – Displays motivation, is proactive and resourceful in daily work. Persists to complete responsibilities, even in the face of difficulties, is optimistic and tenacious throughout.

Collaboration – Able to actively listen to others and build relationships and trust, effectively handle conflict and interact with tact and respect. Articulates ideas and concerns so others are able to understand and is sensitive to others and is able to adapt to different types of individuals.
Able to cooperate and collaborate with colleagues to achieve shared goals and encourages others and seeks out opportunities to collaborate across the business.

Adaptable – Willingly adapts to constantly changing circumstances while maintaining perspective. Engaging in continuous learning, adjusting the application of knowledge, skills and abilities while addressing new challenges. Accepts constructive feedback.

Responsible – Follows through on commitments; clearly defines mutual expectations of selves & others. Responds to demands of job by accepting responsibility for assignments, shows initiative and takes timely and appropriate actions to meet needs.

Execution – Thinks critically and has the best interests of the company, colleagues, and customers in mind when approaching situations. Anticipates obstacles and assesses situation to determine best possible solution. Demonstrates an ability to get essential information and exercises sound judgments about alternatives. Knows both technical and practical aspects of the job and continually updates skills and knowledge.