Annuity Suitability Review Analyst

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

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Job Description:
At Regions, the Annuity Suitability Review Analyst reviews submitted contracts for placement to insurance carriers and accepts or denies requests.

Primary 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

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.

Requirements

High School Diploma or GED

Preferences

Life Insurance License

Skills and Competencies

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.)

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

Regions will not sponsor applicants for work visas for this position. Applicants for this position must be currently authorized to work in the United States on a full-time basis.

Position Type Full time

Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:
Minimum: $47,142.70 USD
Median: $59,700.00 USD

Incentive Pay Plans: This job is not incentive eligible.

Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

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

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.

https://www.regions.com/about-regions/welcome-portal/benefits

Location Details Riverchase Complex North Building
Location: Hoover, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.