ALO Suitability Principal

Overview

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, Nationwide Financial could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

This is a hybrid role Monday
- Friday 9:00-5:30 with two days (Tues-Thurs) in our Grandview Heights office. The primary focus for this position is to review Fixed Life Suitability.

• Review new Fixed, Immediate, and Indexed annuity business applications; determine completeness and suitability using NAIC and state regulations; interact with Compliance concerning questionable sales.

• Work with appropriate parties to obtain additional documentation on new business to complete applications.

• Manage phone queue to assist internal partners with suitability questions and status information.

• Conduct process reviews and align with compliance practices.

• Ensure Product Training and CE training/Agent Requirements are met.

• Underwrite and review transfer forms.

• Input data into administrative systems, imaging systems, and databases.

• Provide Agents with a detailed and careful explanation for declined applications, and handle concerns with thoughtful communication.

• Maintain consistent alignment with departmental practices and regulatory guidelines.

• May perform other responsibilities as assigned.

Reporting Relationships:
Reports to Supervisor or Manager.

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/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more.

To learn more about the benefits we offer, please refer to the benefits information.

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.

Note to Employment Agencies: Nationwide does not accept unsolicited resumes from employment agencies. No fee will be paid if the candidate is subsequently hired as a result of the referral or through other means.