Senior Annuity Compliance & Suitability Lead

Sammons Financial Group Inc.; West Des Moines (IA); On-site; USD 63,000 - 104,000; Full time

Benefits offered by this job

Health coverage

Stock ownership plan (ESOP)

401(k)

Paid time off

Tuition reimbursement

Volunteer time off

Matching gifts

Job summary

Sammons Financial Group in West Des Moines, IA, seeks a qualified candidate for an experienced Suitability Review Consultant role. You will conduct and document suitability decisions for annuity new business, manage escalated files, and coach team members to ensure regulatory compliance and accuracy.

You will lead case reviews, monitor QA processes, and collaborate with compliance, IT and external distributors to strengthen processes.

Qualifications

• Bachelor's degree preferred.
• Minimum 5 years' broker dealer back office, annuity or insurance client service experience preferred.
• Previous suitability or compliance experience preferred.
• Proficient use of PC and Microsoft Office products.
• Strong verbal and written communication skills.
• Excellent analytical problem solving skills with the ability to make decisions.
• Demonstrated ability to influence others.
• Advanced organizational skills with ability to focus on appropriate details; self-motivator and ability to work efficiently and independently to meet service levels.
• Ability to adapt to frequent change.
• Ability to work periodic overtime, sometimes with relatively short notice.
• Series 6 and Series 26 licenses (or Series 7 and 24) or ability to obtain within 120 days required.
• FINRA SIE preferred.
• Some travel may be required.

Responsibilities

• Conduct suitability reviews of annuity new business applications and manage escalated files and agent outreach.
• Provide leadership and direction to the Suitability Review Consultants including workload management, coaching, training and case review support.
• Offer individualized case management and back office support to top producers by working with agents on suitability questions and pre-sale reviews.
• Maintain and update team procedures to ensure accurate, efficient processing of workload.
• Maintain knowledge of annuity products and external financial products to support suitability reviews.
• Complete heightened reviews and analyze trends and share results with management.
• Assist with monthly QA of the suitability phone and review process, mentoring team members.
• Assist management with annual re-certifications/audit of third party distributors for compliance.
• Review post issue complaints with the Compliance team.
• Provide SME input to IT and Agile projects through meetings, stories, and user acceptance testing.
• Support other Annuity New Business teams when volume allows.
• Accept calls/escalations from distribution partners professionally.
• Assist leadership with research requests for escalated cases.

Skills

Bachelor's Degree

Broker dealer back office

Annuity/insurance client service

Securities licenses

Communication skills

Analytical problem solving

Influence others

Organizational skills

Overtime ability

Travel may be required

Education

Bachelor's Degree Preferred

Tools

PC

Microsoft Office

Job description

Sammons Financial Group in West Des Moines, IA, seeks a qualified candidate for an experienced Suitability Review Consultant role. You will conduct and document suitability decisions for annuity new business, manage escalated files, and coach team members to ensure regulatory compliance and accuracy.

You will lead case reviews, monitor QA processes, and collaborate with compliance, IT and external distributors to strengthen processes.