Sr. Compliance Analyst

Description

Aspida is a tech-driven, nimble insurance carrier. Backed by Ares Management Corporation, a leading global alternative asset manager, we offer simple and secure retirement solutions and annuity products with speed and precision. More than that, we’re in the business of protecting dreams; those of our partners, our producers, and especially our clients. Our suite of products, available through our elegant and intuitive digital platform, focuses on secure, stable retirement solutions with attractive features and downside protection.

A subsidiary of Ares Management Corporation (NYSE: ARES) acts as the dedicated investment manager, capital solutions and corporate development partner to Aspida. For more information, please visit  or follow them on Linked In.

Sometimes, a group of people come together and create something amazing. They don’t let egos get in the way. They don’t settle for the status quo, and they don’t complain when things get tough. Instead, they see a common vision for the future and each person makes an unspoken commitment to building that future together. That’s the culture, the moxie, and the story of Aspida.

Our business focuses on annuities and life insurance. At first, it might not sound flashy, but that’s why we’re doing things differently than everyone else in our industry. We’re dedicated to developing data-driven tech solutions, providing amazing customer experiences, and applying an entrepreneurial spirit to everything we do. Our work ethic is built on three main tenets:
Get $#!+ Done, Do It with Moxie, and Have Fun.

Aspida is seeking a skilled, self-motivated, and independent compliance professional for the role of Senior Compliance Analyst. The Senior Compliance Analyst is a senior-level compliance professional responsible for providing compliance oversight and guidance related to annuity products, including contract drafting, point-of-sale requirements, and contract administration.

The successful candidate will have substantial insurance compliance experience and a demonstrated ability to interpret regulatory requirements, identify compliance risks, collaborate with internal business partners, and translate regulatory expectations into practical processes and controls. This position requires an experienced individual contributor who can independently manage complex compliance assignments. The Senior Compliance Analyst will serve as a subject-matter expert resource to internal stakeholders and will provide training, mentoring, and guidance to less-experienced compliance professionals.

This role reports to the Senior Compliance Manager and is required to be onsite at our Durham office 3 days a week.

Annuity Product Compliance

• Provide compliance oversight and guidance throughout the annuity product development lifecycle.
• Draft, prepare, and submit contract forms, riders, endorsements, and related filings to the Interstate Insurance Compact and state insurance departments via SERFF, respond to regulatory objections or requests for additional information and confirm final implementation of approved products.
• Evaluate point-of-sale requirements, disclosures, forms, sales materials, and related documentation for compliance with applicable laws, regulations, and internal standards.
• Support the annuity suitability and best-interest program, including the NAIC Suitability in Annuity Transactions Model Regulation (#275) best-interest standard, producer training and disclosure obligations, and Regulation Best Interest considerations for registered products.
• Provide compliance oversight of contract administration processes, including implementation, servicing, amendments, replacements, and other…