Under supervision of the Director of the Compliance Testing Group “CTG, the Associate performs risk-based evaluations of Protective Life Corporation and its subsidiaries’ regulatory compliance, adherence to policies and procedures, and operational effectiveness through the timely execution of compliance testing engagements.
The Associate will conduct testing engagements; document the scope; findings; conclusion and remediation in a formal test report. This position will work closely with the Director to ensure effective and quality results are delivered.
The Associate will also:
• Research regulatory requirements and establish testing criteria.
• Request data and perform testing.
• Discuss findings with compliance and business partners.
• Communicate test results to impacted management partners via oral and written reports.
• Support the development and completion of remediation plans by business partners to ensure identified risks are addressed.
• Participate in projects as assigned.
General areas of focus:
• Market Conduct Preparedness
• New and existing regulation
• Remediation of State DOI examination findings and recommendations
• Corporate policies
• Third party contracts and agreements
• Acquisitions
• Life and Annuity Operations
• SEC Rule 38a-1 compliance
Qualifications:
- Bachelor’s degree preferred.
- internal auditor
- financial institution operations
- compliance professional
- life & annuity operations
- regulatory examinations
- SEC Rule 38a-1
- Variable life and annuities
Experience:
Five years of experience (any combination):
Knowledge, Skills and Abilities:
- Demonstrated knowledge of state and federal laws and regulations covering Protective’s suite of products and services preferred.
- Demonstrated ability to perform statistical analyses of operational and financial data.
- Ability to perform tests under general supervision and draft reports.
- Demonstrated organizational skills and ability to prioritize effectively.
- Attention to detail.
Computers and Technology: Proficient in Microsoft Office Suite, with a heavy emphasis on Microsoft Excel. Experience with Archer and audit data analysis/extraction tools a plus.
Certificates, Licenses and Registration: Certified Public Accountant (CPA), Certified Internal Auditor (CIA), and/or Certified Fraud Examiner (CFE), or Certified Regulatory Compliance Manager preferred.
Top Skills
What We Do
Protective Life Corporation (Protective) provides financial services through the production, distribution and administration of insurance and investment products throughout the United States. Protective traces its roots to its flagship company founded in 1907, Protective Life Insurance Company. Throughout its more than 110-year history, Protective’s growth and success can be largely attributed to its ongoing commitment to serving people and doing the right thing — for its employees, distributors and, most importantly, its customers. Protective’s home office is located in Birmingham, Alabama, and its 3,000+ employees work across the United States. As of June 30, 2020, Protective had assets of approximately $123 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings,
