Annuity Payouts Admin Processor

Constellation Insurance, Inc.•Montgomery, OH

50d•Hybrid

About The Position

The Annuity Payouts Administrative Processor is responsible for processing annuity payouts transactions on deferred annuity contracts, rider exercise requests, settlement certificates, lottery payments, third party terminal funding and pension payments. Here's a glimpse of your responsibilities and the meaningful impact you'll create as the Annuity Payouts Administrator Processor: Reviewing and processing entry-level financial and non-financial transactions including forced annuitization, deferral, quotes, direct deposit set up, reissue of returned payments, address changes, income verification and updates to tax withholding Processing suitability reviews, fund requests from transfer company, book funds received via check or wire and submitting requests for commission payments Communicating with agents and contract holders by telephone, letter and email regarding contract service and processing

Requirements

An associate's degree or equivalent work experience
LOMA ACS designation within 12 months of hire
Experience with Microsoft Office
Strong organization skills
Ability to multi-task
Strong problem-solving skills
Excellent verbal and written communication skills

Responsibilities

Reviewing and processing entry-level financial and non-financial transactions including forced annuitization, deferral, quotes, direct deposit set up, reissue of returned payments, address changes, income verification and updates to tax withholding
Processing suitability reviews, fund requests from transfer company, book funds received via check or wire and submitting requests for commission payments
Communicating with agents and contract holders by telephone, letter and email regarding contract service and processing

Benefits

Competitive pay: Fair compensation for your hard work.
Healthcare coverage: Comprehensive medical, dental, and vision from day one.
Life insurance: Company-paid coverage for you and your loved ones.
401(k) plan: Matching contributions to help secure your financial future.
Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
Work-life balance: Flexible time-off policy to recharge and pursue passions.
Dress for your day: Express your style comfortably at work.
Inclusion and Culture: A respectful environment that values unique contributions.
Flexible work options: Remote, hybrid, and onsite opportunities at various locations across the U.S. for better work-life integration.
Well-being focus: Programs to support a healthy balance between work and home life.
Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.