Supervisory Principal – Compliance

Protective • Birmingham, AL

9d • $62,000 - $76,500

About The Position

The work we do has an impact on millions of lives, and you can be a part of it. We help protect our customers against life’s uncertainties. Regardless of where you work within the company, you’ll be helping provide protection and peace of mind when our customers need it most. Protective Life is seeking a Supervisory Principal to join our Compliance team. This role is critical in ensuring that annuity and life insurance transactions meet regulatory and company standards. You will review and approve applications for fixed and indexed annuities sold through third-party distributors, as well as life insurance policies sold in New York. Additionally, you will provide oversight for our limited-purpose broker-dealer and support compliance projects that strengthen our Protection and Retirement business. This position requires strong attention to detail, sound judgment, and the ability to communicate effectively with producers and internal teams. If you are articulate, confident, and eager to learn, we want to hear from you.

Requirements

• Strong understanding of compliance principles and regulatory requirements.
• Excellent oral and written communication skills.
• Ability to multi-task and manage high-volume work in a fast-paced environment.
• Strong analytical and problem-solving skills.
• Knowledge of fixed and fixed-indexed annuities preferred.
• Ability to make supervisory and regulatory decisions confidently.
• Bachelor’s degree or equivalent work experience.
• 1–3 years of industry experience required.
• Life and Health Insurance license (or ability to obtain within 90 days).
• Series 6 or 7 licenses preferred.
• Expertise in Micorosoft 365 applications (Word, Excel, Powerpoint) required.

Nice To Haves

• Familiarity with FINRA regulations and suitability standards is a plus.

Responsibilities

• Review and approve annuity applications for suitability and compliance with company guidelines.
• Review and approve life insurance policies sold in New York, ensuring adherence to state-specific requirements (e.g., Regulation 60).
• Collaborate with producers and wholesalers to proactively assess annuity sales for suitability prior to submission.
• Monitor and interpret state laws and regulations, including NAIC Suitability in Annuity Transactions Model Regulation.
• Recommend program enhancements and assist in developing compliance training.
• Conduct quarterly oversight of FINRA-registered firms, focusing on suitability practices and complaint reviews.
• Approve new FINRA-registered firms by reviewing supervisory procedures, forms, and conducting due diligence.
• Identify trends related to producers or firms based on declined submissions and other data.
• Assist with market conduct analysis, executive reporting, and annual certifications for selling firms.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees