Senior Compliance Analyst, Product Filing

At American Equity we offer leading annuity products that help empower our clients to fulfill their needs and wants in retirement. Our success comes from hiring high-energy individuals who embody the beliefs that drive our unique culture. We currently fund over half a million retirements nationwide, and have been headquartered in West Des Moines, Iowa, for over twenty-five years with satellite offices in Charlotte, NC and New York, NY.

GENERAL PURPOSE OF THE JOB:

The Senior Compliance Analyst is a key member of a Compliance Product Filing Team that has a laser focus on creating business value and operates in a fast-paced product development environment. This role is responsible for ensuring product compliance, obtaining new product approvals with regulators and overseeing the implementation of product projects.

Position sits in West Des Moines and will work an onsite hybrid schedule

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Represent Compliance as a key member of product project teams that develop and implement new products and enhancements to the product portfolio.
• Lead the preparation of contracts and related forms for filing and manage any assigned filing plans.
• Subject matter expert on product and filing trends and consult with the business on new products and services to ensure compliance requirements are met.
• Manage the formal submission of contracts and related forms through state electronic filing systems, in accordance with requirements and standards.
• Collaborate with multiple business teams to drive the development of contract language, forms and responses to objections received from regulators.
• Partner with business teams on internal and external requests for gathering filing information and ensure appropriate responses are provided in a timely manner.
• Maintain an understanding of new and existing insurance regulations and their impact to the Company's current and future products.
• Maintains professional contact with regulatory bodies, engage with relevant trade groups and attends industry meetings as appropriate.

Other Responsibilities

• Oversee the development of requirement specifications for product projects as necessary for the implementation of those forms.
• Supports internal operations to ensure ongoing compliance of in-force contracts.
• Oversee the ongoing compliance with state specific issues.
• Maintains record of forms history; coordinates with and monitors business areas to ensure proper forms are available and used.
• Proactively identify opportunities to improve and streamline contract filing, submission and documentation processes
• Performs other related work as assigned.

SUPERVISORY RESPONSIBILITIES:

Direct Reports: 0

General Description of Indirect Reports (2 and 3-downs): 0

EDUCATION AND/OR EXPERIENCE:

• Bachelor's degree in business or related field of study; plus 5 years of progressively responsible related compliance or operational risk management experience; or an equivalent combination of education and/or experience.
• Experience with audits preferably with a registered investment advisor or broker/dealer preferred.
• Experience with project management plus managing processes for compliance or operational risk preferred.
• Experience filing annuities and registered products.

CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS:

• Completion of industry designations or other relevant industry coursework preferred (i.e. LOMA, American College designations and/or Series 6/26).
• Registered investment advisor or broker/dealer preferred.

KNOWLEDGE, SKILLS AND ABILITIES:

• Ability to handle pressure, adapt to change and meet deadlines in a fast-paced environment.
• In depth knowledge and understanding of insurance business, specifically annuities.
• Strong verbal and written communication skills and confident in presenting to senior leaders and responding to questions.
• Strong interpersonal skills and ability to collaborate in driving successful outcomes.
• Ability to maintain awareness of new laws, regulations and models that impact the distribution of annuity products.
• Able to take initiative in identifying regulatory, reputational, legal and financial risks.
• Ability to work cooperatively with regulators, employees, and other third parties.
• Strong organizational, time management and planning skills with attention to detail.
• Ability to read, analyze, and interpret general business periodicals, professional journals and technical/operational procedures.
• Strong analytical and problem-solving skills with ability to define problems, collect data, establish facts, and draw valid conclusions on practical problems that deal with a variety of concrete variables in situations where only limited standardization exists.
• Understand general compliance topics such as testing, controls and risk assessment.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to travel up to 10% of the time.

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This description covers the major purpose and essential functions of the job. It is not intended to give all details or a step-by-step account of the way each task is to be performed. Employees may receive other job-related instructions and be required to perform other job-related work requested by their manager. All requirements are subject to possible modification to provide reasonable accommodation to qualified individuals with disabilities.

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