COLI Consultant Sr.

M Financial Group•Dallas, TX

10d•Hybrid

About The Position

M Financial Group: With more than 140 Member Firms located primarily across the United States, M Financial is one of the nation's leading financial services design and distribution companies. Since 1978, our network of independent insurance, investment, and executive benefit firms has served the needs of ultra-affluent individuals, corporate executives, successful entrepreneurs, and Fortune 1000 companies. Our Member Firms are independent but work together toward a common goal: to offer a broad range of sustainable solutions designed to help their clients meet their financial goals.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Business, Math, or related area
Minimum of seven to ten years of direct related work experience in actuarial, accounting, finance or insurance environment with demonstrated ability to progressively assume increased responsibility
Expert level understanding of mathematical terms and analysis
Strong attention to detail, analytical, and project management skills
Excellent problem-solving skills as well as ability to exercise independent judgment and make decisions
Excellent oral and written communication skills
Well-developed computer skills, including proficiency with programs such as Microsoft Word, Excel, and PowerPoint
Ability to establish and maintain effective working relationships with M Team members, carriers, M Member Firms, M Marketers and advisors
Proactive with the ability to work independently, demonstrating initiative, drive, orientation to goal accomplishment

Nice To Haves

Experience modeling and analyzing insurance company-owned life insurance (ICOLI) is preferred
Active Life Insurance and securities licenses or ability to obtain within 6 months of employment

Responsibilities

Identify information needed to develop client ready presentations using financial analyses based on COLI and other investment-based products
Work independently to prepare proposals for COLI and executive benefits marketing to for-profit and nonprofit corporations
Provide expert insurance analyses to support to M Member Firms and Marketers, including analysis and technical solutions, in the design of executive benefit plans and COLI financing strategies
Use a variety of software programs, including Microsoft Excel and life insurance carrier software, to create COLI illustrations and financial exhibits to project earnings, cash flows, yields, and internal rates of return of COLI
Complete analysis of COLI illustrations, making recommendations regarding plan design, insurance carrier selection, product selection, and configuration to maximize COLI and benefit performance within applicable constraints
Take a lead role in presenting insurance analyses and product selection to advisors and clients
Coordinate work from other departments (Actuarial, Publications, Client Administration) to complete marketing proposals
Mentor and coach M Team members; review work product of junior Insurance Analysts
Review, assess, and summarize COLI-based solutions and make recommendations to stakeholders based on the financial analyses compiled
Perform other projects and duties as assigned