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Regions Bank · 4 weeks ago

Annuity Suitability Review Analyst

Birmingham, AL

Full-time

Onsite

New Grad, Entry Level

$47K/yr - $60K/yr

Regions Bank is dedicated to providing a career-focused environment for its associates. The Annuity Suitability Review Analyst is responsible for reviewing insurance and annuity contracts, determining their suitability, and ensuring compliance with regulations.

BankingInsurance

No H1B

Responsibilities

Reviews insurance and annuity contracts sold by licensed bankers, related to age, time horizon, income need, liquidity, and investment experience to determine suitability

Approves or denies investments on behalf the insurance carrier

Serves as the internal client contact to address documentation issues or suitability concerns

Responsibility for ensuring customers correctly understand insurance and annuity contracts

Mitigates customer risk by anticipating customer concerns and questions, and determining if the product is suitable for the customer

Monitors business unit activity to ensure compliance with laws, regulations, and internal procedures

May receive instruction from senior analysts

Qualification

Life Insurance LicenseCompliance understandingAnnuity suitability knowledgeMicrosoft Office proficiencyCritical thinkingCommunication skills

Required

High School Diploma or GED

Preferred

Life Insurance License

Ability to clearly communicate with various levels of management regarding any issues that arise

Ability to think critically and exercise sound judgement

Compliance understanding of insurance rules as well as product knowledge

Understanding of suitability as it relates to annuity sales to customers

Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)

Benefits

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Flexible Spending Account

Life Insurance

Parental Leave

Employee Assistance Program

Associate Volunteer Program

Company

Regions Bank

Glassdoor3.6

Regions Financial Corporation is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services.

Founded in 1971

Memphis, Tennessee, USA

10001+ employees

https://www.regionsinsurance.com/

Funding

Current Stage

Late Stage

Total Funding

unknown

2018-04-06Acquired

Leadership Team

Brian Happel

Executive Vice President and Fort Worth Market CEO

Daniel Hobbs

Executive Vice President, Head of Corporate Finance and Business Lines CFO

Recent News

Business Journals

Regions Bank cuts brick-and-mortar footprint, ServisFirst, First US growing

2024-04-30

Business Journals

Magic City Newsmakers: Regions Bank, Culinary Dropout, Chick-fil-A

2024-04-28

Business Wire

More Convenience. More Flexibility. Regions Bank Launches Visa Commercial Pay Mobile for Corporate Banking Clients

2024-04-24

Company data provided by crunchbase