Compliance Analyst, Regulatory Filing

At American Equity we offer leading annuity products that help empower our clients to fulfill their needs and wants in retirement. Our success comes from hiring high-energy individuals who embody the beliefs that drive our unique culture. We currently fund over half a million retirements nationwide, and have been headquartered in West Des Moines, Iowa, for over twenty-five years with satellite offices in Charlotte, NC and New York, NY.

GENERAL PURPOSE OF THE JOB:

The Compliance Analyst will be responsible for assisting with the administration of our compliance program to comply with state and federal laws, rules and regulations and company standards. The role will be integral to building and maintaining an effective compliance risk control environment that enables AEL’s activities. As part of the team, you will be working closely with other internal departments providing support and help to mitigate regulatory exposure/risk to American Equity by enforcing the company’s policies and procedures.

**Position sits in West Des Moines and will work an onsite hybrid schedule**

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Prepare and submit state-specific insurance forms and filings in compliance with regulatory guidelines.
• Draft documentation, complete request forms, and compile support materials for submission.
• Coordinate with internal departments to gather and validate data required for regulatory submissions.
• Monitor regulatory bulletins and ensure timely adoption or action on changes.
• Perform quality assurance reviews on filings, including competitor and internal documentation.
• Manage regulatory follow-up questions to form filings to ensure the business provides appropriate and timely responses.
• Communicate effectively with regulatory agencies and internal teams regarding filing statuses.
• Maintain and update filing records and ongoing documentation.
• Retrieve and review compliance materials through various industry sources.
• Contribute to the timely development and maintenance of internal corporate policies, procedures and training materials.
• Assisting with the administration of our broker-dealer Compliance program to comply with the respective legal, licensing, and regulatory obligations.

Other Responsibilities

• Navigate state insurance department websites, read and interpret regulatory filing instructions and prepare accurate and timely submissions for various regulatory reports and filings.
• Prepare and submit payment of required financial assessments and other regulatory fees via check and/or electronic methods.
• Maintain and update due date charts for regulatory filings. Maintain appropriate records of filings and payments electronically on shared department portal.
• Performs other related work as assigned.

SUPERVISORY RESPONSIBILITIES:

Direct Reports: 0

General Description of Indirect Reports (2 and 3-downs): 0

EDUCATION AND/OR EXPERIENCE:

• Bachelor’s degree in business or related field of study; plus 2 years of progressively responsible related compliance or operational risk management experience; or an equivalent combination of education and/or experience.
• Experience with state insurance exams and regulatory audits.
• Broker-dealer or registered investment advisor experience helpful.
• Experience with project management in a compliance or risk setting preferred.
• Familiarity with SERFF and 50-state commercial lines filings strongly preferred.
• Ability to analyze and apply state-specific filing requirements accurately

CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS:

• Completion of industry designations or other relevant industry coursework preferred (i.e. LOMA, American College designations and/or Series 6/26).

KNOWLEDGE, SKILLS AND ABILITIES:

• Ability to handle pressure, adapt to change and meet deadlines in a fast-paced environment.
• In depth knowledge and understanding of insurance business, specifically annuities.
• Strong verbal and written communication skills and confident in presenting to senior leaders and responding to questions.
• Strong interpersonal skills and ability to collaborate in driving successful outcomes.
• Ability to maintain awareness of and review and interpret new laws, regulations and models that impact the distribution of annuity products.
• Able to take initiative in identifying regulatory, reputational, legal and financial risks.
• Ability to work cooperatively with regulators, employees, and other third parties.
• Strong organizational, time management and planning skills with attention to detail.
• Ability to read, analyze, and interpret general business periodicals, professional journals and technical/operational procedures.
• Strong analytical and problem-solving skills with ability to define problems, collect data, establish facts, and draw valid conclusions on practical problems that deal with a variety of concrete variables in situations where only limited standardization exists.
• Understand general compliance topics such as testing, controls and risk assessment.
• Ability to write reports, business correspondence, and procedure manuals.
• Ability to travel up to 10% of the time.

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This description covers the major purpose and essential functions of the job. It is not intended to give all details or a step-by-step account of the way each task is to be performed. Employees may receive other job-related instructions and be required to perform other job-related work requested by their manager. All requirements are subject to possible modification to provide reasonable accommodation to qualified individuals with disabilities.