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Suitability Review Consultant

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Date: Apr 3, 2019

Location: West Des Moines, IA, US, 50266

Company: Sammons Financial Group

Sammons® Financial Group’s (SFG) member companies offer some of today’s most sought after life insurance, annuity, and retirement planning products. Unlike most financial organizations, our companies are not publicly traded, which means we’re focused on long-term value rather than short-term earnings pressures. As a privately held company, our leaders and employees remain consistently focused on long-term growth, making decisions that allow us to deliver on our commitments to customers, distribution partners, our employees, and our communities. Individually, our companies provide value in the products and services they offer. Together we represent a history of strength and longevity. 


Here is what you can expect when you join SFG:

  • A Casual dress code which includes jeans. 
  • A rich company culture driven by private ownership and intentional leadership that inspires employees to engage in our healthy, high-performing and values based culture.
  • Healthy balance between work and personal lives.  Friday afternoons off all year long, competitive PTO and generous number of paid holidays. 
  • Great benefits including medical, dental, vision, wellness plan, charitable giving programs, education assistance… to name a few!
  • ESOP- A generous 100% company funded retirement plan. 


Here's what you can expect as a Suitability Review Consultant. 

You will conduct the suitability review of Annuity business to ensure compliance with NAIC suitability, state and federal regulations.

  1. Review annuity new business and suitability documentation. Gather additional information and provide analysis, extensively document decisions and actions, evaluate and execute information for final suitability recommendation.
  2. Accept and manage escalated calls professionally and autonomously.
  3. Maintain comprehensive knowledge of offered annuity products as well as external financial products.
  4. Monitor state and federal regulatory proposed and final rules related to suitability. Ensure the Suitability Department and Annuity Division complies with all regulations and rules related to Suitability.
  5. Maintain written procedures in compliance with regulations to ensure accurate, efficient, and consistent processing of workflow.
  6. Run auxiliary reports related to the New Business and Suitability departments. Analyze the advantages and disadvantages of the possible solutions and show their impact to the bottom line. Provide timely and comprehensive feedback to management regarding these reports.
  7. Assist with the annual audit of Third Party Distributors to ensure functions are being performed as requested and are in compliance with applicable laws, rules and regulations.
  8. Assist with the review of new or revised marketing correspondence and new business forms related to Suitability.
  9. Participate in development of system test plans and user acceptance testing as necessary.
  10. Effectively communicate with all other departments within the company as they relate to suitability procedures and decisions.



  • 4-year college degree or equivalent work experience preferred
  • 3+ years of broker dealer back office, annuity or insurance client service preferred
  • FINRA Series 6 and Series 26 licenses (or Series 7 and 24) required within 90 days of position start date
  • Excellent verbal and written communication skills
  • Analytical problem solving
  • Ability to influence others
  • Advanced organizational skills with ability to focus on appropriate details
  • Self motivator and ability to work efficiently and independently
  • Ability to adapt to frequent change.
  • Proficient use of PC and Microsoft Office Products
  • Proven facilitation skills
  • Ability to work periodic overtime, sometimes with relatively short notice
  • Some travel may be required
  • FINRA regulations require fingerprinting for this position;  Management reserves the right to determine and approve incumbent suitability for this position
  • Due to the financial nature of this position, a credit check is required


Nearest Major Market: Des Moines

Job Segment: Series 7, Finance

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