Life Insurance Compliance Analyst

Sammons Financial Group Companies; Sioux Falls (SD); On-site; USD 50,000 - 93,000; Full time

Benefits offered by this job

Comprehensive health coverage for you

Performance-based incentive program

ESOP and 401(k) enrollment

Fridays off and work-life balance

Tuition reimbursement and professional

development opportunities

Volunteer time off and charitable 匹

Job summary

Sammons Financial Group is seeking a Compliance Consultant to support the life insurance compliance program, including regulatory examinations and annual filings. The role emphasizes research, policy guidance, and exam readiness testing to identify gaps and support preparedness.

Strong writing, Excel skills, and attention to detail are preferred, with limited travel. The candidate should have a background in life insurance compliance and the ability to interpret regulations, communicate clearly,

Qualifications

• Bachelor's Degree in business or related field preferred or equivalent business experience.
• 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
• 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
• Minimal overnight travel; anticipate up to 5%

Responsibilities

• Receive, review, and research applicable state and federal regulations to ensure all regulatory requirements are incorporated into company policies and practices for Life and Annuity.
• 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.
• 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; collaborating and negotiating with state regulators to resolve concerns and address decisions.
• 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 review, collection of data, data testing and response to Market Conduct Exams
• Assist in the review, collection of data, data testing and response to Market Conduct Exams
• Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity).
• As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands.
• Participate in other initiatives and/or projects as necessary.

Skills

Research skills

Writing skills

Analytical thinking

Communication skills

Attention to detail

Team player

Education

Bachelor's degree in business or related field

Juris Doctorate

Tools

Microsoft Word

Excel

Adobe Acrobat

Job description

Sammons Financial Group is seeking a Compliance Consultant to support the life insurance compliance program, including regulatory examinations and annual filings. The role emphasizes research, policy guidance, and exam readiness testing to identify gaps and support preparedness.

Strong writing, Excel skills, and attention to detail are preferred, with limited travel. The candidate should have a background in life insurance compliance and the ability to interpret regulations, communicate clearly,