Trade Review Supervisor- Life Insurance
On-siteSt. Louis, Missouri, United States
Job Summary
Review and approve Life Insurance transactions by comparing clients' portfolios and financial objectives with product specifications. Validate trade documentation for completeness and accuracy, executing authority to cancel non-compliant orders. Serve as an authorized reviewer to address special situations and coordinate objections for delayed or cancelled trades. Train and mentor new Trade Review Analysts on firm policies, procedures, and industry regulations. Collaborate with Insurance Compliance, Licensing, and Operations departments to ensure regulatory adherence. Provide subject matter expertise to Financial Advisors regarding paperwork requirements and database submissions.
Required Qualifications
- Bachelor's degree in Finance or related field
- 2+ years' of experience working in the financial services industry
- Series 7, 63, 24 or 9 & 10 license
- Resident State Insurance License (Life and Health)
- Proficient in Microsoft Excel, Word, PowerPoint, Outlook
Desired Qualifications
- Life insurance experience
- Knowledge of all brokerage products, specifically life insurance, mutual funds, UITs, ETFs, and the managed funds program
- Knowledge of multi-branch brokerage retail system
- Solid knowledge of laws, tax codes, precedents, government regulations, and agency rules; familiarity with compliance issues surrounding insurance products
- Understand the tax ramifications of insurance products and current tax codes that apply to these transactions
- Knowledge of FINRA regulations, sales practices, and issues on Investment Company act products
- Knowledge of state insurance regulations and the ability to keep current with states specific rule changes
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