Senior Regulatory Associate

Summary

Join Protective as a Compliance Representative and contribute to protecting millions of lives. You will serve as a compliance consultant, providing guidance on complex inquiries and business processes. Maintain the company's 38a-1 program and provide compliance support for various product lines. Responsibilities include reviewing research requests, monitoring regulatory activity, and managing compliance implementations. You will also conduct process reviews, legal research, and ensure compliance with electronic transactions and quarterly statements. This role requires a Bachelor's degree, 5-7 years of experience in life insurance and annuities, and strong analytical and communication skills.

Requirements

• Bachelor’s degree in Business, Finance, Law, or a related field, JD and FINRA license preferred
• A minimum of 5-7 years experience working with life insurance and annuities
• Experience with periodic testing and reporting of operation activities
• Experience with implementing procedural enhancements
• Proficient in Microsoft Office including: Excel and Word
• Experience working with various databases
• Self starter with the ability to multi task in a fast paced environment
• Excellent written and verbal communication skills
• Strong analytical and problem-solving skills
• Ability to work independently and as part of a team

Responsibilities

• To be the compliance representative for the P & R Compliance Department and to assist the VP of Compliance in their functions
• Serves as compliance consultant for complex compliance related inquiries
• Provide consultation regarding business processes and operations, and complaints
• Responsible for maintaining the company’s 38a-1 program
• Provides compliance support for variable product lines
• Compliance lead for implementation of complex regulations and business initiatives
• Review and analyze research requests
• Monitor and analyze regulatory activity and advise management of items that are impactful to the company
• Manage compliance implementation of new process requirements
• Provide compliance support for operations including but not limited to
• Process Reviews
• Legal Research Requests
• Electronic Transaction Compliance
• Quarterly Statements
• Mailroom Exceptions
• Manage the company’s 38a-1 program
• Maintain 38a-1 Legal Inventory
• Create and Maintain 38a-1 Policy Level Documents
• Periodic Review of Written Supervisory Procedures
• Map Rules to Business Activities and Documented Policies and Procedures
• Perform Risk Assessment of Impacted Business Areas
• Training and Awareness
• Provide compliance support for variable product lines of business, including but not limited to
• Monitor and interpret regulatory developments (SEC, FINRA, NAIC, state insurance departments) affecting variable life and annuity products
• Develop and implement compliance policies and procedures to ensure adherence to applicable laws and regulations
• Conduct risk assessments and oversee remediation plans for compliance gaps
• Collaborate with product development and marketing teams to ensure compliant product design and promotion
• Serve as a subject matter expert on variable products and annuity compliance

Preferred Qualifications

Good working knowledge of annuities, universal life insurance and variable universal life insurance

Benefits

• Comprehensive health, dental and vision insurance
• Mental health benefits and an employee assistance program
• A variety of paid time away benefits ( e.g. , paid time off, paid parental leave, short-term disability, and a cultural observance day)
• Contributions to healthcare accounts
• A pension plan
• A 401(k) plan with Company matching
• ProHealth Rewards, Protective’s platform to improve wellbeing while earning cash rewards