Protective Life

Sr Associate Regulatory

Protective Life$90K — $110K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • College degree (J.D. or paralegal degree preferred)
  • 5+ years of experience with regulatory examinations in insurance or financial industry
  • Familiarity with life insurance and annuity products preferred
  • Strong organizational and communication skills
  • Critical thinking and analytical skills for problem-solving

Responsibilities

  • Manage regulatory inquiries for PLICO and affiliates
  • Respond to regulatory body inquiries related to insurance and securities activities
  • Coordinate timely submission of required regulatory filings with businesses
  • Identify and address potential risk areas from Market Conduct findings
  • Collaborate with industry peers and regulators on emerging regulatory issues
  • Maintain updates on regulatory inquiries and trends for management
  • Support compliance program maintenance including policy development and privacy areas

Benefits

  • Comprehensive health, dental, and vision insurance
  • Mental health benefits and employee assistance program
  • Variety of paid time off benefits including parental leave and short-term disability
  • Company contributions to healthcare accounts and pension plan
  • 401(k) plan with Company matching
  • ProHealth Rewards program for overall wellbeing engagement
Full Job Description
The Senior Compliance Analyst of the Regulatory Affairs and Market Conduct team works with state regulators and other external parties to manage inquiries and examinations of Protective Life Insurance Company ("PLICO") and its insurance affiliates. This position will work across the organization to obtain information and respond to regulatory inquiries. In addition, develop timely and accurate responses to inquiries/examination questions by researching applicable rules, regulations, and laws. The Senior Compliance Analyst will act as a liaison between regulators and internal business partners. The position will clarify requests from regulators and review information provided by business partners to ensure it is responsive and effectively advocates the company's position. The position will work closely with the division compliance teams to gather information and review relevant regulatory requirements. In addition, will collaborate with counsel to assist in the review and drafting of regulatory responses. Success in this role requires analytical and organizational skills, efficiency, motivation, communication and writing skills, attention to detail, and the ability to independently handle multiple projects in time sensitive situations. Responsibilities: • Effectively manage regulatory inquiries of PLICO and affiliated insurance companies. Responsible to work directly with all necessary parties at the company to collect responses/information, research applicable laws and regulations and formulate responses to examination inquiries • Respond to inquiries from regulatory bodies for information pertaining to insurance and/or securities activities and/or representatives • Partner with the business and divisional compliance units when required regulatory filings must be submitted to designated regulators and coordinate filings in a timely manner • Identify potential areas of risk based on Market Conduct findings; work with the Compliance Testing Group and divisional compliance team to address with business partners • Interact with industry peers and regulators to share and gather information related to emerging regulatory issues likely to be the subject of inquiries and/or examinations or that may otherwise impact the company • Maintain the information to be included in regulatory report updates to keep management abreast of regulatory examinations/inquiries, trends, and emerging issues • Support other compliance department leaders in the development and maintenance of the company's corporate compliance program. Such areas may include but are not limited to Policy development, Privacy, AML, and Code of Conduct Experience: • College degree (J.D. or paralegal degree preferred) • 5 years of experience with regulatory examinations in an insurance company and/or broader financial industry experience. • Experience with life insurance and annuity products is a plus • Skills and Attributes • Strong organizational and communication (written and verbal) skills • Critical thinking and analytical skills • Effective interpersonal skills to work with diverse styles/cultures • Strong computer research skills and investigative skills • Ability to work effectively with people in all levels/areas of the organization • Autonomous and self-driven but able to partner with others in a team environment • Must have the ability to handle pressure and prioritize multiple competing projects • Must be willing to work overtime occasionally, as needed #LI-SB1 $90,000 - $110,000 a year Protective's targeted compensation for this position is $90k-$110k. Actual salaries may vary depending on factors, including but not limited to, job location, skills, and experience. The range listed is just one component of Protective's total compensation package for employees. This position also offers additional incentive opportunities through an annual incentive based on individual and Company performance. Employee Benefits: We aim to protect the wellbeing of our employees and their families with a broad benefits offering. In addition to offering comprehensive health, dental and vision insurance, we support emotional wellbeing through mental health benefits and an employee assistance program. Work/life balance is important and Protective offers a variety of paid time away benefits (e.g., paid time off, paid parental leave, short-term disability, and a cultural observance day). The financial health of our employees is just as important as physical and emotional health. Some of the financial wellbeing benefits include contributions to healthcare accounts, a pension plan, and a 401(k) plan with Company matching. All employees are encouraged to protect their overall wellbeing by engaging in ProHealth Rewards, Protective's platform to improve wellbeing while earning cash rewards. Eligibility for certain benefits may vary by position in accordance with the terms of the Company's benefit plans.

About Protective Life

Protective Life Corporation is a life insurance company founded in 1907 in Birmingham, Alabama. The company offers a range of life insurance and annuity products, as well as investment and retirement solutions. Protective Life operates in all 50 states and the District of Columbia, and has more than 2,800 employees. The company is a subsidiary of Dai-ichi Life Holdings, Inc., a Japanese insurance company. Protective Life has received high ratings from independent rating agencies, including A.M. Best, Moody's, and Standard & Poor's.
Learn more about Protective Life
Size
2,800 employees
Industry
Founded
1907

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