Suitability Analyst

Summary

Horace Mann provides insurance and financial products, with a mission focused on helping educators protect their assets and prepare for the future. The Suitability Analyst will review financial services transactions and applications for suitability, support registered representatives, maintain regulatory documentation, and contribute to surveillance, training, forms, and process improvements within the Broker-Dealer Compliance team.

Responsibilities

• Review financial services product applications and enrollment forms for suitability in accordance with broker-dealer procedures and FINRA regulations
• Evaluate transaction information and supporting documentation to ensure established suitability requirements are met
• Complete appropriate follow-up with registered personnel when additional information or clarification is required
• Maintain complete and accurate broker-dealer documentation in accordance with regulatory and firm requirements
• Support the appropriate disposition of applications in accordance with established broker-dealer procedures
• Serve as a resource for agents and registered personnel regarding: + Product suitability + Asset allocation considerations + Financial services product replacements + Required transaction documentation
• Communicate clearly and professionally with registered representatives regarding outstanding requirements and suitability-related questions
• Help field partners understand documentation expectations and broker-dealer procedures
• Develop and utilize exception reports and surveillance systems that support the firm's supervision of registered and non-registered personnel
• Identify transactions or activities requiring additional review or follow-up
• Maintain accurate documentation to support regulatory and supervisory requirements
• Partner with leadership on suitability and broker-dealer compliance activities as appropriate
• Assist in developing training materials for registered representatives related to broker-dealer suitability activities
• Support development of new and updated forms designed to capture required contract and transaction information more efficiently
• Participate in testing new forms and related system enhancements
• Provide systems support associated with suitability processes and documentation
• Identify opportunities to improve processes, documentation, and the experience of registered representatives while maintaining regulatory standards

Skills

• H.S. Diploma or GED required
• 2+ years of related business experience within the insurance or brokerage industry
• Strong analytical and critical-thinking skills
• Excellent attention to detail and commitment to accurate documentation
• Strong written and verbal communication skills
• Ability to interpret and consistently apply procedures and regulatory requirements
• Ability to manage multiple priorities in a highly regulated environment
• FINRA Series 6 or Series 7 required
• FINRA Series 26 or Series 24 required
• Suitability and transaction analysis
• Broker-dealer operations and compliance
• Regulatory documentation and recordkeeping
• Analytical thinking and sound judgment
• Attention to detail and accuracy
• Registered representative support
• Clear written and verbal communication
• Surveillance and exception reporting
• Problem-solving and research
• Organization and prioritization
• Collaboration and relationship building
• Continuous improvement
• Four-year college degree preferred
• Series 51/53 preferred

Qualifications

Must Haves

• H.S. Diploma or GED required
• 2+ years of related business experience within the insurance or brokerage industry
• Strong analytical and critical-thinking skills
• Excellent attention to detail and commitment to accurate documentation
• Strong written and verbal communication skills
• Ability to interpret and consistently apply procedures and regulatory requirements
• Ability to manage multiple priorities in a highly regulated environment
• FINRA Series 6 or Series 7 required
• FINRA Series 26 or Series 24 required
• Suitability and transaction analysis
• Broker-dealer operations and compliance
• Regulatory documentation and recordkeeping
• Analytical thinking and sound judgment
• Attention to detail and accuracy
• Registered representative support
• Clear written and verbal communication
• Surveillance and exception reporting
• Problem-solving and research
• Organization and prioritization
• Collaboration and relationship building
• Continuous improvement

Nice to Haves

• Four-year college degree preferred
• Series 51/53 preferred

Benefits

• Bonus
• Special rates and benefits for educators