[Remote] Life Insurance & Annuities Operations Compliance Analyst at Protective Life

Birmingham, Alabama, United States

Protective Life Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Insurance, Life InsuranceIndustries

Requirements

  • Bachelor’s degree in business, finance, or a related field (or equivalent experience)
  • 5+ years of experience in the life insurance industry highly preferred
  • 2+ years of experience in compliance, regulatory, or project management roles required
  • Proven ability to work in cross-functional environments
  • Excellent verbal and written communication skills
  • Proficiency in managing multiple assignments and meeting deadlines
  • Ability to manage multiple priorities under tight deadlines
  • Knowledge of life insurance market or ability to learn quickly
  • Sound judgment and decision-making aligned with corporate goals
  • Effective communication and relationship-building skills
  • Ability to adapt to changing business conditions and advocate for change
  • High attention to detail and confidentiality with sensitive data
  • Proficiency in cross-functional collaboration and project execution

Responsibilities

  • Serve as the primary contact for regulatory audits and compliance activities
  • Maintain and update policies and procedures to meet state and industry regulations
  • Develop and implement corrective action plans for compliance gaps
  • Collaborate with Legal, Compliance, IT, and Internal Audit to address risk areas
  • Conduct reviews and audits to ensure processes operate compliantly
  • Lead and support cross-functional projects that improve compliance and efficiency
  • Document business requirements and communicate specifications for system changes
  • Analyze current and future state processes and recommend improvements
  • Assist in creating training materials for regulatory changes
  • Build strong relationships across multiple departments to support compliance initiatives
  • Act as a subject matter expert for life insurance operations and compliance best practices

Skills

Key technologies and capabilities for this role

Regulatory ComplianceAuditsPolicy ManagementCorrective Action PlansRisk ManagementProcess ImprovementCross-Functional CollaborationBusiness RequirementsLife Insurance OperationsTraining Materials

Questions & Answers

Common questions about this position

What is the salary range for the Life Insurance & Annuities Operations Compliance Analyst position?

Protective’s targeted salary range for this position is $62,000 to $76,500. Actual salaries may vary depending on factors like job location, skills, and experience.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What skills and experience are required for this role?

Required qualifications include a Bachelor’s degree in business, finance, or related field, 2+ years in compliance, regulatory, or project management roles, and 5+ years in the life insurance industry highly preferred. Key skills include ability to manage multiple priorities under tight deadlines, effective communication and relationship-building, proficiency in cross-functional collaboration, and high attention to detail.

What is the company culture like at Protective Life?

The role thrives in a fast-paced environment focused on problem-solving, cross-functional collaboration with teams like Compliance, Legal, IT, and Operations, and making an impact on compliance and governance in the insurance industry.

What makes a strong candidate for this position?

Strong candidates have 5+ years of life insurance industry experience, 2+ years in compliance or regulatory roles, a Bachelor’s degree in business or finance, proven cross-functional collaboration, and skills in managing deadlines with sound judgment and communication.

Protective Life

Provides financial planning and life insurance services

About Protective Life

Protective Life provides financial planning and life insurance services aimed at individuals and businesses. The company offers a variety of products, including life insurance policies and retirement planning guides, to help clients secure their financial future. Their services are designed to assist financial advisors, insurance agents, and individual clients in protecting assets and planning for retirement. Protective Life operates through both business-to-business (B2B) and business-to-consumer (B2C) models, partnering with financial professionals while also reaching out directly to clients via their online platform. What sets Protective Life apart from competitors is their focus on excellent customer service and the provision of educational resources, which empower clients and advisors to make informed decisions. The company's goal is to help clients achieve financial security through comprehensive solutions and support.

Birmingham, AlabamaHeadquarters
1842Year Founded
IPOCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Mental Health Support
Paid Vacation
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Employee Assistance Program

Risks

Increased competition from digital-first insurance startups could erode market share.
Interest rate fluctuations pose a risk to Protective's investment income.
Direct-to-consumer insurance models may impact Protective's B2B distribution strategy.

Differentiation

Protective.com emphasizes excellent customer service and educational resources for informed decision-making.
The company offers support and training for financial advisors and insurance agents.
Protective.com operates on both B2B and B2C models, reaching diverse client bases.

Upsides

Increased demand for digital insurance solutions drives innovation in the life insurance sector.
The rise of fee-based advisory services reshapes the financial planning landscape.
Big data analytics allows better risk assessment and personalized insurance products.

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