What are the responsibilities and job description for the Senior Compliance Analyst position at Pacific Life Insurance Company?
Job Description :
Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead - our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate - pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own.
We're actively seeking a talented Compliance Analyst II to join our Compliance Team in [Newport Beach, CA; or Omaha, Ne. This role is hybrid. We believe in empowering our employees to get work done both in and out of the office.
How you'll help move us forward :
- Conduct risk-based compliance testing, through periodic reviews of business products, services, processes, and third parties to determine the effectiveness of regulatory compliance controls and adherence to laws and regulations. Work with management to determine any corrective action plans required to address the underlying issues identified in the review
- Conduct compliance monitoring through ongoing review of trends and occurrences that may identify compliance violations and work with Compliance Director to formulate an annual compliance review plan,
- Manage scheduled, enterprise-wide regulatory reporting and filings, including, but not limited to, NAIC's Market Conduct Annual Statement (MCAS), state Long Term Care (LTC) reporting and Accident & Health (A&H) filings. This includes engaging with the appropriate business areas, gathering relevant data, creating filing submissions, and quality reviewing data prior to submission.
- Assist with the management of state Department of Insurance related market conduct examinations and related regulatory inquires including working with the appropriate business area to ensure responses are timely and accurate; engaging with counterparts throughout Pacific Life to ensure consistency among responses to examination inquiries; and assist with the development of action plans to address findings.
- Assist with the coordination of third-party broker-dealer reviews, which includes auditing of annuity sales files to ensure applicable state suitability and best interest laws are followed.
- Obtain required annual suitability certifications from our 500 third-party broker-dealer distribution partners.
- Work with management to mature existing producer and broker-dealer oversight functions, with an eye towards analytic-based improvements.
The experience you bring :
What makes you stand out :
LI-KB1
You can be who you are.
People come first here. We're committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com / lifeatpacificlife.
Benefits start Day 1.
Your wellbeing is important. We're committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.
Base Pay Range :
The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
100,530.00 - $122,870.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.
EEO Statement :
Pacific Life Insurance Company is an Equal Opportunity / Affirmative Action Employer, M / F / D / V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.
Salary : $100,530 - $122,870
