Job Summary

The Compliance Department is currently seeking a Compliance Consultant for our Waltham, MA or Indianapolis, IN location. This position has a hybrid work schedule with some days in the office. The Compliance Consultant will be primarily responsible for assisting with the compliance management and oversight of our wholesale broker-dealer, Clarendon Insurance Agency, Inc. Additional responsibilities will include supporting general compliance functions relating to the annuity and life insurance business lines. This role will interact with senior management, distribution, product and operations on a variety of projects and issues critical to the Company’s success.

Main Accountabilities

• Process state registrations and insurance licenses and track continuing education requirements
• Facilitate courses and exams for securities registrations and insurance licensure
• Coordinate reporting for licensing activity
• Track & Monitor Annual, Quarterly and Monthly Firm Element and Compliance Requirements
• Manage compliance email box and respond to questions appropriately
• Aggregate data for monthly, quarterly supervisory reports
• Prepare 407 Letters in response to employee requests when opening accounts at another financial institution
• Review and log gifts, entertainment and non-cash compensation activity and publish periodic reports
• Conduct review of annuity and life insurance marketing materials, including social media posts, blogs, videos and podcasts, and review and monitor electronic communications for compliance with regulations and policies
• Participate in compliance program testing, which includes transactional and periodic testing of supervisory controls
• Respond to questions from business unit personnel and wholesalers regarding compliance policies and procedures
• Assist with ad hoc projects and various initiatives

Qualifications

• Bachelor’s degree
• FINRA Series 6 & 26 preferred - required within 6 months of hire
• 3+ years of financial services experience
• Knowledge and understanding of insurance laws, SEC regulations, FINRA rules and other requirements related to the life and annuity business
• Sound judgment and ability to analyze complex situations
• Strong work ethic, team player
• High degree of professional ethics and integrity
• Excellent organizational skills and attention to detail
• Effective communication skills, both verbal and written
• Commitment to customer service and quality