Senior Compliance Analyst

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as a Senior Compliance Analyst and play a key role in ensuring regulatory compliance and mitigating fraud risks within the Special Investigative Unit (SIU). You will be responsible for agent monitoring, anti-fraud investigations, and supporting compliance procedures. This senior role involves guiding investigations, reviewing agent activity, responding to regulatory inquiries, and compiling data reports. The position requires a Bachelor's degree or equivalent experience, 5+ years in the insurance industry with a life insurance and annuity focus, and strong analytical and communication skills. F&G offers a flexible work environment with options for in-office, hybrid, and remote work arrangements. The company is committed to creating a great place to work and values employee well-being.

Requirements

• Bachelor’s degree in business, criminal justice or related field or equivalent relevant work experience required
• 5+ years of experience in the insurance industry with a concentration on life insurance and annuity products
• Strong verbal and written communication skills
• Strong organizational skills
• Strong analytical skills and aptitude for detailed work
• Ability to perform in a fast-paced production environment while addressing multiple responsibilities

Responsibilities

• Effectively communicate and provide agents, Company personnel, and third-party administrator with support on Compliance procedures and the Company’s agent monitoring and anti-fraud programs
• Maintain strong working knowledge of the Company’s products, administrative systems and procedures
• Support continuous improvement and implementation of departmental and company procedures
• Support the complaint response team, as needed, to meet regulatory deadlines, including investigating complaints and drafting complaint responses
• Guide the investigation of suspect agent activity and address potential issues
• Support screening of producers seeking appointment or re-appointment with the company and participate in the Agent Onboarding Committee decision making process
• Manage the company’s electronic agent monitoring program reviewing activity and sales transactions to identify patterns requiring further investigation
• Respond to state insurance regulator inquiries regarding agents or fraud investigations, manage the collection of required information, and draft responses for management review
• Compile and provide data and reports to senior management on agent monitoring trends, and make recommendations on ways to reduce re-occurring issues
• Conduct investigations of potential fraud, elder abuse or agent monitoring escalations as assigned
• Prepare investigative reports and documentation necessary to report relevant findings to management in a timely manner
• Take appropriate actions to resolve fraud cases and mitigate risk to the Company, at the direction of management
• Perform ad-hoc investigative requests by management, as assigned
• Create and file annual fraud reports and other required fraud notifications to state insurance regulators
• Perform other functions, duties and projects, as assigned
• Regular and punctual attendance

Preferred Qualifications

• Knowledge of Life and Annuity compliance and regulatory environment preferred
• Anti-Fraud designations or completed coursework towards designations such as CFE or CAMS curriculum is a plus

Benefits

Ability for in-office, hybrid and remote work arrangements