Suitability Principal - VUL & Group Plans

About the role

The Suitability Principal (VUL & Group Plans) role involves conducting back-office review and firm-acceptance of new and existing submissions related to Brokerage, Direct and Third-Party Advisory accounts. This role requires reviewing trading activity of registered representatives and determining root cause of issues, providing solutions, and resolving matters independently.

Responsibilities

• Conduct back-office review and firm-acceptance of new and existing submissions related to Brokerage, Direct and Third-Party Advisory accounts
• Review trading activity of registered representatives through supervisory control procedures and application of firm policies and procedures
• Determine root cause of issues, provide solutions, and resolve matters independently without management supervision at times
• Implementation and management of operational and supervisory procedures for the firm
• Effectively communicate with registered representatives, agency personnel, and internal business partners such as Compliance, Field Inspection, and Regional Supervisory Directors
• Consult with registered representatives, Agency Supervisory Officers and Regional Supervisory Directors, providing guidance on suitability concerns and guidelines
• Identify and report to management on trending and risk mitigation measures

Requirements

• FINRA Series 7 & 24 required at time of application
• 2+ years MMLIS Experience or 3+ years' experience within the brokerage/advisory space
• High School Diploma or equivalent
• Principals working 100% remotely may be subject to on-site inspection by MML and/or regulators
• Candidates residing within 50 miles of the MassMutual Springfield office will be expected to work a Hybrid schedule of 3 days a week in the office

Ideal Qualifications

• 3+ years MMLIS experience and / or 5+ years' experience conducting suitability reviews within the brokerage/advisory space
• 2+ years experience with variable universal life and group retirement plans
• 2+ year experience with Microsoft Excel and performing pivot tables
• Ability to work in a fast paced, ever changing environment
• High degree of ownership and sense of urgency
• College degree preferred with a concentration in business or finance
• Superior customer service skills
• Excellent interpersonal skills; team player, self-motivated; patient demeanor; approachable style
• High aptitude for effective problem resolution
• Strong organizational and time management skills are essential
• Passion for embracing business process improvement opportunities
• Must be able to think independently and tactfully challenge the opinions of others

Qualifications

• FINRA Series 7 & 24 required at time of application
• 2+ years MMLIS Experience or 3+ years' experience within the brokerage/advisory space
• High School Diploma or equivalent

Benefits

MassMutual offers a comprehensive benefits package that includes:

• Medical, dental, and vision insurance
• 401(k) plan with employer matching
• Generous vacation time
• Up to 320 hours of caregiver leave
• Three paid days for volunteering
• A $1,250 annual Well-Being Wallet

Pay

$69,000 - $90,500

Schedule

Hybrid schedule of 3 days a week in the office and 2 days working remotely