What are the responsibilities and job description for the Senior COLI Insurance Analyst position at M Financial Group?
M Financial Group is a community of leaders comprising the best and brightest minds in our industry. By combining individuals’ expertise and skill, M Financial Group has become a powerful force committed to advancing the interests of our industry, communities, and clients for over 40 years. M’s solutions are rooted in the diverse expertise of our team, our collaborative approach to innovation and our comprehensive support.
We embrace a progressive, dynamic mindset for every role. M Financial Group provides a professional community that actively supports individuals with diverse backgrounds and perspectives who come together to build and support best-in-class solutions. If you’re looking to be a part of a high performing, collaborative, and dedicated team, M Financial Group is in search of our next Senior Insurance Analyst to join our team.
This position is responsible for financial analysis of corporate owned life insurance (COLI) products and nonqualified employee benefit plans for potential new and existing corporate clients.
Project Management / Case Development
- Identify information needed to develop client ready presentations using financial analyses based on COLI and other investment based products
- Prepare proposals for COLI and executive benefits marketing to for-profit and nonprofit corporations
- Provide support to Member Firms and Marketers, including analysis and technical solutions, in the design of executive benefit plans and COLI financing strategies
- Use a variety of software programs to create COLI illustrations and financial exhibits to project earnings, cash flows, yields, and internal rates of return of COLI
- Complete analysis of COLI illustrations, making recommendations regarding plan design, insurance carrier selection, product selection and configuration to maximize COLI and benefit performance within applicable constraints
- Coordinate work from other departments (Actuarial, Publications, Client Administration) to complete marketing proposals
- Ability to review, mentor and coach junior Financial Analysts
- Review, assess, and summarize COLI-based solutions and make recommendations to stakeholders based on the financial analyses compiled
- Experience modeling and analyzing insurance company owned life insurance (ICOLI) a plus
- Perform other duties as assigned
QUALIFICATIONS
COMPENSATION AND BENEFITS
Salary will be commensurate with relevant experience, knowledge, and skills.
You will also be eligible for an annual incentive plan bonus.
M Financial offers a comprehensive benefits package, including :
JOB CONDITIONS AND ENVIRONMENT
This position description is not intended to be and should not be construed as an all-inclusive list of responsibilities, skills or working conditions associated with this position. While this description is intended to accurately reflect the position’s activities and requirements, management reserves the right to modify, add or remove duties as necessary.
