Insurance Compliance Officer and Ad Review

Job Description

As part of the Compliance team at Impact Partnership and Impact Partnership Wealth, the Compliance Analyst will serve as the primary resource supporting the compliance needs of Impact insurance agents working with insurance carriers and reviews for IPW marketing materials related to Investment Advisory products and services. For the Ad review functions, this position requires an understanding of securities state and federal advertising rules and regulations, to ensure compliance of our materials with the applicable requirements. For the Insurance business, building and maintaining relationships with our carrier partners and help to facilitate and escalate matters as they arise. In an ever-changing regulatory environment, we are looking for a self-motivated individual, who embraces change and believes in proactive problem solving.  This position reports to the VP of Compliance. 

Duties/Responsibilities

• Primary contact for insurance agents and insurance carriers. 
• Works with insurance carries and agents regarding insurance regulations and other compliance-related topics.
• Establish and maintain professional working relationships with carriers and key contacts to ensure meaningful and effective communications between Impact and our carrier partners.
• Ability to effectively communicate verbally and in writing in a clear and concise manner.
• Understand and interpret insurance statutes/regulations pertaining to the insurance industry.
• Review and approve producer/advisor communications, promotional materials, and sales training, as well as consumer-oriented advertising and marketing materials for investment advisory products and services.
• Review and revise internally created and producer-created advertising, sales training, and seminar programs to ensure compliance with applicable securities state and federal rules and regulations, as well as carrier guidelines, as permitted for investment advisory services.
• Assist with IAR onboarding and approval of core materials for the IARs investment advisory practice
• Support and respond to Business Lines with escalated cases design and/or suitability reviews.
• Work with carriers and/or agents to review and support client complaints and/or agent investigations.
• Respond to agent and carrier requests with optimal customer service while operating within ethical and compliance guidelines.

Other duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

Required Skills/Abilities:

• Ability to gain knowledge and understanding of compliance requirements and regulations
• Advanced knowledge of insurance and investment products
• Advanced understanding of sales and services processes as well as company policies and procedures
• Demonstrated ability to interact and effectively communicate with all levels of management, associates, producers, carriers and vendors
• PC proficiency, including strong knowledge of Microsoft Excel, Word, etc.
• Strong customer service, interpersonal skills and attention to detail
• Ability to communicate complex subject matter both verbally and in writing
• Ability to work independently and as a member of a team
• Ability to work under pressure and manage several projects simultaneously
• Critical reading skills

Qualifications/Education

• Bachelor’s degree
• Securities industry experience
• 2 or more years’ experience working in the financial services industry
• Series 65 preferred or interested in obtaining in the future (or some other similar industry credential

Benefits:

Impact Partnership offers a positive and upbeat work environment; Medical, Dental, Vision, FSA (flexible spending)/Dependent Care, STD (Short Term Disability), Life Insurance, 401k (match), Paid Parental Leave, Holiday Pay and a very generous PTO (paid time off) benefit.

EEO Statement:

Impact Partnership LLC is an Equal Opportunity Employer. It is the policy of the company to provide equal opportunity for all teammates and applicants for employment without regard to race, color, creed, religion, gender, sexual orientation, national origin, age, marital status, mental or physical disability, pregnancy, military or veteran status, or any other basis prohibited by state or federal law. All employment is decided on the basis of qualifications, merit, and business need.