The Insured Retirement Institute (IRI) is a member-driven association.
Except as otherwise indicated below, all member company employees are welcome to join as many committees and working groups as they would like, and there is no limit to the number of member company employees who can participate in any particular committee or working group.
Visit your IRI account to manage committee and working group participation.
IRI Operations and Technology Committees
Carrier Data Enablement Steering Committee
This group is focusing on the financial professional experience with two desired outcomes to achieve i) Provide a digital-first model eliminating the critical friction points from the financial professional experience from onboarding, research and product selection, sale, issue, and maintenance to ultimately decrease time to issue and remove the hassle and ii) Increase the net new number of financial professionals that understand, transact, and manage annuities with pleasure. The task force is currently focusing on short-term, mid-term, and long-term initiatives that will make annuities easy to support.
Meeting Schedule: Monthly calls
Criteria: Invitation only, senior level carrier members, does not have to be a member but it is encouraged.
IRI Staff Liaison: Katherine Dease
Operations and Technology Senior Steering Committee
The IRI Operations and Technology Senior Steering Committee (SSC) provides a framework to strategize and prioritize initiatives within the Operations and Technology Community to best support the insured retirement income industry.
Meeting Schedule: Bi-monthly calls
Criteria: Invitation Only based on participation.
IRI Staff Liaison: Katherine Dease
Operations and Technology Distributor Steering Committee
This group is supporting the Carrier Data Enablement Task Force with the necessary data and advise to ensure we are solving the most critical points in the financial professional journey. The distribution has agreed to participate in an IRI lead survey to identify the most critical friction points in the financial professional journey that are impacting the ability to grow the market. Additional questions will help identify the target financial professional persona for our initial focus, as well as identify the next focus which will be the target persona that has the most growth opportunity. Distributors also agreed to send the survey to their financial professionals to get their direct feedback. IRI will consolidate this data and analyze it alongside the data already collected from the carrier to identify and prioritize the industry wide issues. This data will help inform the Carrier Data Enablement Task Force and the two workstreams of the most critical focus points.
Meeting Schedule: Monthly calls
Criteria: Invitation only, senior level distribution.
IRI Staff Liaison: Katherine Dease
Operations and Technology Committee
The Operations and Technology Committee acts as a platform for member collaboration, participation, and industry leadership to drive the support of the retirement solutions industry with a focus on operational efficiencies through standardization and simplification of the product life cycle by leveraging technology, while responding to regulatory directives. Operations and Technology focuses on four main strategic pillars: 1. market penetration and engagement across the BD, Independent (Insurance Marketing Organizations (IMOs), and Registered Investment Advisors (RIAs) and Outside Insurance Desks (OIDs), and the solution providers, 2. Increasing awareness and adoption of existing digital solutions 3. process and regulation, and 4. data enablement.
Meeting Schedule: Bi-monthly calls
Criteria: Open to all IRI member company representatives.
IRI Staff Liaison: Katherine Dease
IRI Operations and Technology SubCommittees
e-Solutions and Adoption Subcommittee
The IRI Operations and Technology e-Solutions and Adoption Subcommittee is focused on transforming current e-Solution capabilities and promoting the adoption of those technologies. This working group examines opportunities to advance digital and electronic solutions in alignment with IRI’s long-term digital strategy.
Meeting Schedule: Monthly calls
Criteria: Open to all IRI member company representatives.
IRI Staff Liaison: Bryan Harmelink
Experience Subcommittee
The Experience Subcommittee is focused on digital first experiences for consumer and financial professional. This group strives to eliminate frustrations and deliver efficient solutions that enable financial professionals to easily work with the tools and solutions where they manage their business and work with consumers.
Meeting Schedule: Monthly calls
Criteria: Open to all IRI member company representatives.
IRI Staff Liaison: Bryan Harmelink
Process and Regulation Subcommittee
The Process and Regulation Subcommittee is comprised of insurance carrier members, distributor members, and solution providers that represent a holistic expertise in the entirety of the Operations Administrative Lifecycle. This subcommittee, in conjunction with the Compliance and Implementation Committee, examines regulatory requirements and carrier and distributor processes that impede client-first servicing. They propose alternative best practices and solutions that improve the annuity sales experience while maximizing the use of current and exploration of future digital capabilities.
Meeting Schedule: Monthly calls
Criteria: Open to all IRI member company representatives.
IRI Staff Liaison: Bryan Harmelink
Operations and Technology Working Groups
IRI committees can form working groups on an as-needed basis to focus on specific issues that require more extensive engagement among IRI members and staff.
Framework and Conformity Working Group
Framework and Conformity Working Group is comprised of insurance carrier, distributor and industry solution provider members with technical expertise and an ability to understand the implications of change requests to industry standard formats. This group is charged with continuous improvement of the industry standards that affect our electronic data interchange.
Meeting Schedule: Monthly calls
Criteria: Open to all IRI member company representatives.
IRI Staff Liaison: Bryan Harmelink