Protective Life
Supervisory Principal – Compliance
Protective Life, Birmingham, Alabama, United States, 35275
Protective Life is seeking a
Supervisory Principal
to join our Compliance team. This critical role ensures 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, and provide oversight for our limited‑purpose broker‑dealer and support compliance projects that strengthen our Protection and Retirement business.
Base Pay Range $62,000.00/yr - $76,500.00/yr
Key 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
Skills & Abilities
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
Qualifications
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
Familiarity with FINRA regulations and suitability standards is a plus
Expertise in Microsoft 365 applications (Word, Excel, Powerpoint) required
Employee Benefits Protective Life offers a broad benefits package that includes comprehensive health, dental, and vision insurance, mental health benefits, an employee assistance program, paid time off, paid parental leave, short‑term disability, and a cultural observance day. Financial benefits include contributions to healthcare accounts, a pension plan, a 401(k) plan with company matching, and access to ProHealth Rewards, our platform for improving wellbeing while earning cash rewards.
Accommodations for Applicants with a Disability If you require an accommodation to complete the application and recruitment process due to a disability, please email eric.hess@protective.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.
Protective Life is an equal‑opportunity employer committed to inclusion and diversity.
Artificial intelligence tools may be used to support parts of the hiring process, such as reviewing applications or assessing responses. Final hiring decisions are made by humans.
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Education and Training
Industry Insurance
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Supervisory Principal
to join our Compliance team. This critical role ensures 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, and provide oversight for our limited‑purpose broker‑dealer and support compliance projects that strengthen our Protection and Retirement business.
Base Pay Range $62,000.00/yr - $76,500.00/yr
Key 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
Skills & Abilities
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
Qualifications
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
Familiarity with FINRA regulations and suitability standards is a plus
Expertise in Microsoft 365 applications (Word, Excel, Powerpoint) required
Employee Benefits Protective Life offers a broad benefits package that includes comprehensive health, dental, and vision insurance, mental health benefits, an employee assistance program, paid time off, paid parental leave, short‑term disability, and a cultural observance day. Financial benefits include contributions to healthcare accounts, a pension plan, a 401(k) plan with company matching, and access to ProHealth Rewards, our platform for improving wellbeing while earning cash rewards.
Accommodations for Applicants with a Disability If you require an accommodation to complete the application and recruitment process due to a disability, please email eric.hess@protective.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application and recruitment process.
Protective Life is an equal‑opportunity employer committed to inclusion and diversity.
Artificial intelligence tools may be used to support parts of the hiring process, such as reviewing applications or assessing responses. Final hiring decisions are made by humans.
Seniority Level Not Applicable
Employment Type Full‑time
Job Function Education and Training
Industry Insurance
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