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Aegon · 2 weeks ago

Due Diligence Analyst - Securities / Insurance

United States

Full-time

Remote

Entry, Mid Level

$73K/yr - $90K/yr

2+ years exp

Aegon is a prominent company in the insurance and financial services sector, and they are seeking a Due Diligence Analyst to perform analysis and due diligence on product offerings. The role involves maintaining a robust database of approved products, collaborating with various departments, and ensuring compliance with governance and regulatory requirements.

Asset ManagementAuto InsuranceFinanceHealth InsuranceInsuranceLife InsuranceRetirement

Responsibilities

Review products for approval to sell on WFG/TFA company platforms for either life and fixed/variable annuity insurance products, or mutual fund, money management, and retirement products

Perform initial intake, data collection, product analysis, and alignment with existing offerings of like products on the shelf. Prepare and present findings to the Product Review Committee and other stakeholders

Direct product implementation process to set up approved products on appropriate platforms including but not limited to those used for marketing, compensation, data aggregation, and supervision

Maintain detailed competitive intelligence data to proactively ensure company product offerings are compensative and priced appropriately for the marketplace

Collaborate with Marketing, IT, Operations, and Supervision to ensure published product information is accurate and kept up to date for use by leadership and field professionals

Perform ongoing monitoring and prepare periodic reports of carriers to make sound business decisions and to satisfy governance and regulatory reporting requirements. Coordinate life and annuity offerings from the same enterprise distinguishing between subsidiary life or annuity manufacturing entities they may offer

Develop and maintain in-depth knowledge of available products to answer inquiries from staff and external parties. Assist in the training of supervisory staff on the nuance of the products and any complexities. Assist the leader of supervision in configuration of supervision and surveillance business intelligence for oversight

Create reports (e.g. product comparison, market share, competitive intelligence, etc.)

Qualification

Life licenseFINRA Series 6Insurance product analysisProduct implementation processesDue diligence experienceAnalytical skillsCustomer-focused serviceTechnical aptitudeCommunication skillsAttention to detail

Required

Intermediate level experience in the insurance/financial services industry (typically two to five years)

Life license for insurance product analysis

FINRA Series 6 or 7 for securities product analysis

Thorough understanding of individual term and permanent insurance products and the distribution life cycle (from application to issuance and in-force servicing)

Practical understanding of variable and traditional annuity products and their various features and benefits

For securities products – experience evaluating asset management offerings, advisory programs and investment company products

Knowledge of working with intermediaries such as MGA's or BGA's that may support WFG independent contractors in sales

Knowledge of product implementation processes for insurance and for broker-dealer or RIA

Experience supporting product due diligence

Analytical and research skills

Technical aptitude

Strong attention to detail

Excellent communication and customer-focused service skills