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Compliance Officer – Product Development of Annuities
at The Compliance Search Group in Massachusetts
Financial services firm seeks a Compliance Officer to oversee annuities product development, marketing, wholesaling and related matters.
Responsibilities:
Product development of fixed and variable, life and annuity products sold in the qualified (403b/ 401k) and non-qualified markets, and oversight of state filing process.
Regulatory guidance and compliance oversight of third party administrators, including planning and performance of audits.
Creation, implementation and updates to formal compliance procedures for administration of all blocks of business issued or reinsured by the company (e.g. claims payments, tax reporting, qualified plan requirements).
Drafting, implementing and updating formal procedures for assuring compliance with insurance and securities laws (e.g. investment limitations, affiliate transactions).
Management of regulatory audits and examinations (State Insurance Dept’s, SEC, FINRA).
• Research and drafting of consumer and regulatory complaint responses.
• Compliance lead on project teams aimed at identifying risk and providing workable solutions.
REQUIREMENTS:
• High level of knowledge of fixed and variable life insurance/annuity products.
• Thorough understanding of federal and state regulatory framework and requirements.
• Significant experience performing detailed auditing and testing.
• New product development and product filing experience.
• High level of knowledge of qualified plan compliance requirements - specifically 403(b), 401(k).
• Minimum - Bachelor’s degree
• 7-10 years experience in the financial services industry, preferably with an insurance company
• FINRA Series 26 or 24, LOMA designations
Please email resumes to Jack Kelly – jkelly@ComplianceSearch.com
Responsibilities:
Product development of fixed and variable, life and annuity products sold in the qualified (403b/ 401k) and non-qualified markets, and oversight of state filing process.
Regulatory guidance and compliance oversight of third party administrators, including planning and performance of audits.
Creation, implementation and updates to formal compliance procedures for administration of all blocks of business issued or reinsured by the company (e.g. claims payments, tax reporting, qualified plan requirements).
Drafting, implementing and updating formal procedures for assuring compliance with insurance and securities laws (e.g. investment limitations, affiliate transactions).
Management of regulatory audits and examinations (State Insurance Dept’s, SEC, FINRA).
• Research and drafting of consumer and regulatory complaint responses.
• Compliance lead on project teams aimed at identifying risk and providing workable solutions.
REQUIREMENTS:
• High level of knowledge of fixed and variable life insurance/annuity products.
• Thorough understanding of federal and state regulatory framework and requirements.
• Significant experience performing detailed auditing and testing.
• New product development and product filing experience.
• High level of knowledge of qualified plan compliance requirements - specifically 403(b), 401(k).
• Minimum - Bachelor’s degree
• 7-10 years experience in the financial services industry, preferably with an insurance company
• FINRA Series 26 or 24, LOMA designations
Please email resumes to Jack Kelly – jkelly@ComplianceSearch.com
Published at 05-03-2010
Viewed: 38 times
Viewed: 38 times