Compliance Consultant

Group 1001 • Zionsville, IN

6d

About The Position

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. Why This Role Matters: 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.

Requirements

• 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

Nice To Haves

• Variable annuity product knowledge/experience strongly preferred
• Experience in financial services strongly preferred
• Knowledge and understanding of insurance laws and other regulations related to the life and annuity business is preferred

Responsibilities

• 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

Benefits

• 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.
• All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.
• Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level