Compliance Consultant - Ad Review

Employment Type

: Full-Time

Industry

: Miscellaneous



Sammons Financial Group Companies offers some of today's most sought after life insurance, annuity, and retirement planning products. Unlike most financial organizations, our companies are not publicly traded, which means we're focused on long-term value rather than short-term earnings pressures. As a privately held company, our leaders and employees remain consistently focused on long-term growth, making decisions that allow us to deliver on our commitments to customers, distribution partners, our employees, and our communities. Individually, our companies provide value in the products and services they offer. Together we represent a history of strength and longevity.What you can expect when you join Sammons Financial Group:* A casual dress code including jeans* A rich company culture driven by private ownership and intentional leadership inspiring employees to engage in our healthy, high-performing and values based culture* Healthy balance between work and personal lives. Friday afternoons off all year long, competitive PTO and generous number of paid holidays* Great benefits including medical, dental, vision, wellness plan, charitable giving programs, education assistance… to name a few* ESOP-A generous 100% company funded retirement planWhat you can expect as the Compliance Consultant - Ad Review.Responsible for performing detailed research and review of regulatory requirements and addressing changes for the industry as required. This may include reviewing, investigating, and responding to regulatory and client initiated complaints, performing agent investigations and/or ensuring advertising compliance with fixed, indexed and variable life and annuities. Responsible for incoming and outbound communications, both verbal and written, with clients, agents, third parties, and employees in other departments. Accountable for small to medium scope Compliance initiatives that involve single or small number of business functions. Accountable for compliance work involving a medium level of business risk. Required activities may also include reviewing advertising and sales literature to ensure compliance with corporate guidelines as well as state laws and regulations for both consumer and agent use only ads.* Receive, review, and research applicable state and federal regulations to ensure all regulatory requirements are incorporated into company policies and practices for both Life and Annuity. Use professional judgement and forward thinking to adapt regulations to fast pace changes in the business units and insurance industry.* Partner with and provide subject matter expertise to Sr. Compliance Consultants, Team Advisor or Manager with the receipt, review, research, investigation of and response/preparation to regulatory agencies and client initiated complaints of small to medium scope as assigned by manager. Attend compliance related meetings and present information as assigned; perform internal investigations and agent investigations when necessary. Surveying customers may be required within some projects.* Assist compliance senior management in all aspects of the compliance function related to developing and implementing policies, procedures and controls; conducting reviews of compliance processes and operations; ensuring implementation of any required corrective actions; managing projects; developing and implementing systems to automate processes and procedures to enhance efficiencies.* Develop and maintain good relationships with both internal and external customers by handling tasks in a timely and professional manner. This includes collaborating and negotiating with state regulators to resolve concerns as well as fostering relationships with state insurance department personnel in order to address decisions rendered by state personnel and, at times, openly and diplomatically address disagreements or concerns.* Research and address/resolve ?Red Flag? issues.* Communicate and train appropriate employees regarding new laws and regulations for both Life and Annuity.* Document, Update and Monitor Legislative Briefing Database.* Serve as subject matter expert for field compliance manual and/or advertising guidelines. Notify manager of necessary changes and help ensure that updates are provided to business partners on a no less than annual basis.* Ensure all compliance-related procedures are appropriately documented and categorized in a compliance manual format.* Accountable for maintenance of files as well as participating in the in the review, collection of data, data testing and response to Market Conduct Exams and 38(a)-1.* Use SLS concepts and/or other practices to assist manager with incorporating the shared values and division vision and mission statement into the department.* If your focus within the department is advertising review related:Log and track all review status and actions in Advertising Compliance Database.In conjunction with corporate guidelines, personal product knowledge and professional judgment, review submitted ads and marketing pieces for compliance purposes and respond within established corporate timeframes to approve or suggest changes and negotiate revisions for compliance and ultimately approve the final version after any recommended changes have been implemented.Collaborate with and provide subject matter expertise to other areas including Product Development, Actuarial, Marketing Communications, Marketing Strategy Team and Finance to verify specific aspects of ad.Responsible for the preparation and submittal of advertising forms to the appropriate states? Departments of Insurance, as required.What we are looking for:* Bachelor's Degree business or related field preferred or equivalent business experience preferred* Juris Doctorate degree preferred* 3-4 years' relevant compliance, internal audit or other equivalent experience preferred* Working knowledge of life and annuity products, with specific knowledge of insurance company operations* Ability to make sound and proper decisions by applying personal knowledge of guidelines, product information and personal professional judgement in review of assigned materials* Excellent interpersonal and customer service skills* Strong analytical solving skills, including the ability to accumulate, organize, and assimilate large amounts of information* Excellent attention to detail and accuracy; including proofreading skills* Ability to manage multiple tasks simultaneously and manage competing priorities* Ability to work independently and be a team player by demonstrating flexibility, understanding of other positions, providing constructive and relevant input to discussions* Organizational skills* Demonstrate professionalism and an aptitude for problem resolution* Advanced computer skills, including Microsoft Word and Excel and Adobe Acrobat* Excellent written and verbal communication skills* Excellent interpersonal and customer service skills* Criminal background check required* Due to the financial nature and level of accountability of this position, a credit and criminal background check is required

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