IPSO Suitability Principal- Annuity (REMOTE)

Are you passionate about being part of a team that delivers extraordinary care to help individuals and businesses prepare for and protect their retirement? If so, then Nationwide Financial could be the place for you!

Candidate will need to obtain their FINRA Series 26 within 120 days of hire.

Position would qualify for Hybrid or WFH options.

Compensation Grade: E2

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Job Description Summary
Success on our team is directly related to embracing change, providing exceptional customer service and having a passion for getting things done right. We work together to build our business and grow profitably, with unwavering attention to detail. If you are naturally curious, want to grow and learn and develop your expertise in financial services, we want to know more about you!

As a Suitability Principal, you'll be responsible for conducting an end to end review of all Fixed, Immediate and Indexed annuity business for numerous firms within different distribution channels. You'll determine the suitability of the products being sold to clients and conduct a detailed business review to ensure documentation is in good order and processes have been closely followed.

Job Description

Key Responsibilities:

• Reviews new Fixed, Immediate, and Indexed annuity business applications received. Uses NAIC and State Regulations to determine if business is complete and suitable. Interacts with Compliance concerning questionable sales.
• Works with the appropriate parties to acquire additional documentation on new business to complete application.
• Manages phone queue to assist internal partners with suitability questions and status information.
• Conducts process review and aligns with compliance practices.
• Ensures Product Training and CE training/Agent Requirements are met.
• Underwrites and reviews transfer forms.
• Inputs data into administrative systems, imaging systems, and databases.
• Provides Agents a detailed and careful explanation for declined applications, handles concerns with thoughtful communication.
• Maintains consistent alignment with departmental practices and regulatory guidelines.

May perform other responsibilities as assigned.

Reporting Relationships: Reports to Supervisor or Manager.

Typical Skills and Experiences:

Education: Undergraduate degree in Business or Finance preferred.

License/Certification/Designation: Series 6, 26 required. Associates must obtain the required Federal and/or state licenses/registrations within the time period designated by the business unit. Additional licenses/registrations may be required when new products and services are implemented. If an associate fails or is unable to obtain required licenses/registrations within the time period designated by the business unit, the associates will be ineligible to continue in the position

Experience: 3 -5 years Field experience, Insurance back office, Service or Sales Management.

Knowledge, Abilities and Skills: Solid understanding of insurance and/or individual annuity products and services. Familiarity with state and federal insurance laws and regulations preferred. Ability to read, analyze, and interpret documents. Outstanding verbal and written communication skills with the ability to have difficult conversations and manage through disagreements. Ability to solve sophisticated problems and handle concerns.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing Exceptions to the above minimum job requirements must be approved by the: hiring manager's leader and HRBP.

Values: Regularly and consistently demonstrates Nationwide Values.

Job Conditions:

Overtime Eligibility: Not Eligible (Exempt)

Working Conditions: Normal office environment

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.

Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental, paid time off plus nine paid holidays, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

For NY residents please review the following state law information: Notice of Employee Rights, Protections, and Obligations LS740 (ny.gov) https://dol.ny.gov/system/files/documents/2022/02/ls740_1.pdf

Nationwide utilizes a geographic-specific salary structure. The range for this role in Colorado is$45,000.00 - $69,000.00

Nationwide pays based on a geographic-specific salary structure. The range for this role in Ithaca, New York is$45,000.00 - $93,000.00