Annuity Operations - Compliance Manager

NexAnnuity; Dallas (TX); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Competitive salary

Generous benefits package

401(k) plan with employer match

Industry leading health insurance with no premiums or deductibles

Job summary

A leading financial services company in Dallas seeks a detail-oriented Compliance Manager to join its Retirement Solutions team. The role involves monitoring regulatory changes, conducting compliance audits, and refining policies to ensure adherence to industry standards. Candidates should have a Bachelor's degree and 5-10 years of relevant experience. This position offers a competitive salary, generous benefits, and opportunities for professional growth within a collaborative environment.

Qualifications

• 5 – 10 years of experience in insurance compliance or operations.
• Familiarity with regulatory bodies and insurance industry standards.
• Professional certifications such as AIRC, CCP, or similar are a plus.

Responsibilities

• Monitor regulatory changes affecting insurance operations.
• Conduct audits to verify compliance with industry regulations.
• Collaborate with operations team to implement process improvements.

Skills

Analytical skills

Problem-solving skills

Communication skills

Attention to detail

Education

Bachelor’s degree in Business, Finance, or a related field

Tools

Microsoft Office Suite

Compliance management tools

Job description

NexAnnuity is looking for a detail-oriented, proactive individual to join the Retirement Solutions team as a Compliance Manager in our Annuity Operations group. This role supports both compliance and operational initiatives, ensuring regulatory adherence, refining internal policies and procedures, and promoting operational best practices.

Key Responsibilities:

• Monitor and interpret regulatory changes affecting insurance operations and ensure company policies and procedures reflect current standards.
• Conduct audits and assessments to verify compliance with industry regulations.
• Identify and resolve compliance vulnerabilities and provide guidance to the team on insurance compliance-related matters.
• Conduct review of complaints, prepare and file responses, maintain complaint logs.
• Conduct compliance review for large annuity cases, perform suitability and enhanced underwriting review; review policy contract exception requests, file company responses and maintain review logs.
• Review product forms, administration forms, company guides, and manage updates to training materials in response to regulatory changes and carrier updates.
• Review agent contracting and licensing, agent appointments, renewals and terminations, improve and maintain agent contracting/appointment reporting.
• Assist in preparing various reports for senior management and regulatory bodies.
• Participate in the improvement of compliance procedures and operational enhancements.
• Collaborate with operations team to identify and implement process improvements.

Qualifications:

• Bachelor’s degree in Business, Finance, or a related field.
• 5 – 10 years of experience in insurance compliance, operations, or a related insurance industry role.
• Familiarity with regulatory bodies and insurance industry standards.
• Strong analytical and problem‑solving skills.
• Excellent written and verbal communication abilities.
• Proficiency in Microsoft Office Suite, especially Excel, and compliance management tools.
• Professional certifications such as AIRC, CCP, or similar are a plus.

Preferred Skills:

• Ability to manage multiple priorities in a fast‑paced environment.
• Attention to detail and high ethical standards.
• Experience with Third‑Party Administrator (TPA) operations.
• Experience with annuities compliance and operations.
• Familiarity with NAIC regulations and state insurance departments.
• Familiarity with state licensing for carrier, agency, and agents, including SBS, NIPR, and Sircon.

NexAnnuity offers a competitive base salary and bonus based on experience and performance. NexAnnuity offers a generous benefits package that includes an industry leading health insurance plan with no employee premiums or deductibles and a 401(k) plan with employer match.

NexAnnuity’s talented professionals share a passion for excellence, commitment to teamwork, and pride based on the firm’s track record in the alternative investment industry.

NexAnnuity is an Equal Opportunity Employer.