Job Board

The CEFLI Job Board is a free resource provided to our CEFLI Members. Only CEFLI Members may post a job vacancy to the CEFLI Job Board.
Job vacancies are available for viewing by the general public.

For Information on how to submit a job vacancy please click here or send job details to Mallory Bennett via email: MalloryBennett@cefli.org.


Current Postings:

THE BALTIMORE LIFE INSURANCE COMPANY
 
Job Posting Number: 346
Job Title: AVP, Compliance
Dept.: Risk Management
Job Type: Full Time, Exempt
 
Major Duties and Responsibilities:
Establish and modify rules and procedures related to market conduct and compliance.  Direct related activities of the Baltimore Life Insurance Company and integrate compliance functions throughout the organization, so as to assure product and producer compliance with insurance regulations and laws as well as Company rules and guidelines.
 
1. Manage compliance staff, assuring resources are used in a way that supports corporate objectives.
2. Interpret new and existing laws and regulations and form recommendations for compliance in ways that are appropriate for Baltimore Life.
3. The candidate will have significant experience with the compliance issues associated with traditional life insurance products (eg. for life and fixed annuities).
4. Communicate the impact of new laws and regulations and oversee change management when policies and procedures require revision.
5. Develop, implement and maintain Company policies and procedures related to Market Conduct and Compliance.  
6. Provide training and support to business units to assure company practices comply with laws, regulations and Company rules.
7. Oversee the compliance audit program and monitor related corrective action activities.
8. Manage market conduct exam activities.
9. Maintain an active presence in appropriate industry associations to stay informed of changes in the marketplace, to network, and to stay abreast of best practices.
10. Experience with SERFF and product filing and development a plus.  
 
Skills and Qualifications:
This individual must possess a thorough knowledge of the insurance business, industry and products.   The ability to approach difficult issues tactfully but firmly is critical to the success of this individual. The ability to think strategically as well as tactically is required. The right candidate should also have familiarity with traditional compliance tools (Word, Excel, PowerPoint, etc.), as well considerable experience with regulatory research and analysis. Familiarity with compliance related solutions is also recommended. He or she must have outstanding organizational and communication ability and work well under pressure.  The individual must also exhibit a professional and calm demeanor and maintain a high level of integrity and credibility.  Given the confidential nature of many of the issues that are addressed in this area, this individual must possess the ability to maintain the confidence of senior management and the Board of Directors.  
 
Education and Experience:
BA, BS and 10 years of life insurance compliance work, and at least 5 years in a management role. Law degree is a plus, but not required. Advanced industry designation such as CLU and/or FLMI helpful.
 
Work environment:
This position functions within an air-conditioned office building where smoking is prohibited. This position functions in a high-pressure environment to meet deadlines. 40 hours minimum per week required.
 
 
Contact: Colleen Cornwell 410-581-6641 colleen.cornwell@baltlife.com
 

 
LOMBARD INTERNATIONAL
 
Job Title: Title: Market Conduct & Compliance Specialist
 
Position Summary
Lombard International seeks a highly organized, detail-oriented Market Conduct & Compliance Specialist for our Philadelphia, PA office. Working within the Compliance team, the Specialist performs a range of substantive duties on behalf of the firm’s insurance and securities related entities.
 
 
Responsibilities Include:
Interpret new and existing laws and regulations, communicate them to others and form recommendations for compliance in ways that are appropriate for applicable entities
Assist with the testing and documentation of the effectiveness of various compliance manuals, procedures and programs
Prepare and review insurance and/or securities regulatory filings
Assist with regulatory exams and inquiries
Review marketing material
Provide market conduct and compliance training and support to various departments
Assist with other projects and tasks as assigned
 
Requirements:
  • Paralegal certification and/or a Bachelor’s Degree in business or a related field
  • Project management and/or business analyst experience  (ability to maintain and develop templates, checklists, and project management and business analysis tools)
  • Advanced aptitude with traditional (Word, Excel, PowerPoint, etc.)  and corporate (e.g. registered agent, annual report and good standing) compliance tools
  • A minimum of 3 years market conduct and/or compliance experience with knowledge of insurance model regulations, securities laws, state laws and regulated business environments
  • FINRA Series 6 plus 26 registrations or ability to obtain within nine months
  • Proven organization, time management and communication skills with attention to detail and the ability to effectively interact with various levels using independent judgment and discretion
  • Occasional travel up to 10% of time may be required
 
Desired Skills and Experience:
  • Knowledge of insurance business and compliance issues associated with variable life and annuity insurance products; advanced insurance industry designation such as CLU and/or FLMI helpful
  • Considerable experience with regulatory research and analysis
  • Active presence in (or ability to develop)  industry associations to stay informed of changes in the marketplace, to network, and to stay abreast of best practices
  • Demonstrated ability to identify issues, assess and mitigate risk and think strategically
  • Professional and calm demeanour and high level of integrity and ethics
Apply here.
 
 

 
GUGGENHEIM LIFE AND ANNUITY COMPANY
 
About the Position:
 
Guggenheim Life and Annuity is seeking an experienced hands-on annuity/life insurance compliance professional to fill this senior role on the Regulatory Compliance team.  This individual will have overall responsibility for the principal strategy and day-to-day coordination of Guggenheim Life and Annuity Company’s market conduct-related compliance program.  Responsibilities include managing a team of compliance professionals, researching and interpreting compliance materials, ensuring products and procedures are aligned with business model and statutory requirements, developing, planning and implementing procedural changes resulting from regulatory changes, and communicating with senior leadership and impacted departments to update products and procedures to remain compliant with statutory requirements.  The Vice President Compliance will also lead insurance market conduct investigations and responses, oversee the review of all sales and marketing product materials, and participate in new product development.
In addition to extensive experience (minimum 7 – 10 years) in a senior position managing compliance professionals, the successful candidate must have a deep understanding of best practices in compliance and experience developing and implementing compliance policies, systems and practices.  The position is located in the Indianapolis office.
 
 
Specific Responsibilities Include:
 
Interpret compliance-related materials and communicate information to all affected departments; coordinate the implementation of compliance-related changes to match changing business needs.
Develop and maintain effective compliance policies and procedures, as well as compliance testing programs; monitor overall compliance program and conduct regular reviews.
Oversee the review of all insurance and annuity product advertising for both IMO and digital distribution channels, sales illustrations, product descriptions and related disclosures, agent training materials and other materials used in the sale of insurance products; draft revisions, documents, forms and other materials used in the product sales and implementation cycle; maintain log of approved advertising and marketing materials.
Maintain market conduct compliance records; coordinate and facilitate market conduct examinations; coordinate multi-departmental communications, task scheduling, and follow-up pertaining to market conduct.
Review and file product forms in all applicable jurisdictions for assumption reinsurance transactions.
Oversee the complaint process and draft responses to complaints, regardless of source, including researching issues surrounding the complaint; assist the General Counsel with the litigation process resulting from compliance and/or market conduct issues.
Develop and implement compliance training and education as needed.
Coordinate internally to maintain compliance with firm enterprise policies and procedures.
Support senior management and work with legal to provide compliance support for a range of ongoing business initiatives.
Manage and respond to internal and regulatory audits, examinations, and inquiries.
Attend industry conferences and stay abreast of regulatory changes and developments; ensure necessary updates when compliance policies and procedures are implemented.
Participate on tactical committee responsible for operational, legal and compliance risk.
 
 
Skills & Experience Required:
 
Bachelor’s degree required; law degree preferred but not essential
7 – 10 or more years of practical and hands on experience in the regulation of life insurance companies, including experience in a senior position managing compliance professionals in an insurance company is necessary
Deep understanding of best practices in compliance and experience in developing and implementing compliance policies systems and processes
Experience responding to regulatory audits and/or examinations with direct experience interfacing with senior state or federal regulators
Insurance industry education obtained through LOMA, LIMRA, NAIC or other recognized entities related to insurance industry regulations
Robust writing, analytical, and communication skills
Strict attention to detail
Solutions oriented with strong diplomacy skills is most suitable for the position
Ability to make decisions, use independent judgment to evaluate issues, weigh downstream implications of potential actions, propose and implement solutions
Ability to adapt quickly and appropriately in accordance with the constant evolution of the company and industry
Experience working within an organization distributed across geographic locations a plus
Advanced skills in MS Office applications, including proficiency with spreadsheets, database applications and document management software
General internet research skills and a familiarity with legal research on- and off-line, including Westlaw
 
 
In addition, the ideal candidate will be or will have:
 
  • Attention to detail
  • Ability to multi-task and commitment to achieving results
  • Professionalism, tact, diplomacy
  • Sense of urgency, initiative
  • Problem solving; analytical
  • Flexibility; adapt quickly and appropriately to changing needs
 
About Guggenheim Life and Annuity Company:
 
Guggenheim Life and Annuity Company, a subsidiary of Guggenheim Partners, provides financial services to institutional and retail customers through fixed annuity products distributed through networks of independent marketing organizations and agents nationwide.
 
Apply HERE.