Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Summary:

The Compliance Consultant will be responsible for assisting with the management and oversight of our individual annuity and life insurance compliance program.  This role may work closely with senior management, distribution, product, and operations on a variety of projects and issues critical to the Company’s success.

Main Accountabilities:

• Assist with evaluating suitability of new annuity applications; identify and report on trends
• Monitor and test certain annuity transactions and business processes
• Help evaluate, identify, and propose solutions for areas of compliance and fraud risks
• Assist with privacy monitoring, issue resolution and reporting
• Assist with ad hoc projects and various initiatives

Qualifications:

• Variable annuity product knowledge/experience strongly preferred
• Ability to analyze situations for compliance and business risks, and implement solutions to address and mitigate such risks
• Bachelor’s degree or equivalent professional experience
• Commitment to customer service and quality
• Effective communication skills, both verbal and written
• Excellent analytical and problem-solving skills
• Knowledge and understanding of insurance laws and other regulations related to the life and annuity business
• If not a FINRA-registered principal, commitment to obtain within six (6) months from date of hire

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company. 

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