Life Financial Processor

Constellation Insurance•Cincinnati, OH

31d•Hybrid

About The Position

Life Financial Processor is responsible for processing disbursements and conducting complex calculations for various transactions. They will be in charge of handling tax gains, loan valuations, dividends valuations, and death and disability benefits. They will also be in charge of fraud control during disbursements. Your role and impact Here's a glimpse of your responsibilities and the meaningful impact you'll create as the Life Financial Processor: Ensuring contract values are properly calculated, disbursed, applied and reported Performing necessary controls to prevent fraud during disbursement processing Training, monitoring, researching, analyzing and problem solving on a daily basis Assisting management in monitoring for fraudulent activity Performing necessary controls to ensure compliance with all internal and external rules and regulations Communicating with agents and/or policy owners on any information related to service requests and updating system with notes or comments for internal customers What's in it for you 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. We're passionate about fostering an inclusive environment where everyone can thrive. Even if you don't meet every requirement, we encourage you to apply--your unique skills and experiences might make you the perfect fit for this role or another opportunity within our company.

Requirements

A college degree in math, accounting, finance or other related fields
At least three years of related work experience
Demonstrated aptitude for complex calculations
Excellent verbal and written communication skills
Ability to multi-task, learn quickly and be a team player
Experience in Microsoft Word and Excel
LOMA 281 and 291 must be completed within six months of hire
LOMA Associate Customer Service (ACS) designation within two years of hire
LIMRA AML (Anti-Money Laundering) training is required within 6 months of hire. A refresher training course is required annually thereafter
FINRA Series 6 may be required in unit processing registered products

Responsibilities

Ensuring contract values are properly calculated, disbursed, applied and reported
Performing necessary controls to prevent fraud during disbursement processing
Training, monitoring, researching, analyzing and problem solving on a daily basis
Assisting management in monitoring for fraudulent activity
Performing necessary controls to ensure compliance with all internal and external rules and regulations
Communicating with agents and/or policy owners on any information related to service requests and updating system with notes or comments for internal customers

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.