Nonqualified Investment Operations Analyst

Empower

3d • $65,600 - $92,675 • Hybrid

About The Position

The Nonqualified Investment Operations Specialist is responsible for day-to-day financial transactions for an assigned book of business. This role partners with internal departments and external parties to process financial transactions related to corporate-owned life insurance, split-dollar life insurance, mutual funds, and nonqualified plan administration.

Requirements

• Bachelor’s degree in a related field or equivalent relevant experience
• 3+ years of relevant experience in investment operations, nonqualified plan administration, life insurance, financial services, accounting, or a related field
• State Life Insurance license or ability to obtain within 120 days of hire
• Advanced proficiency in Microsoft Excel, including formulas, large-data management, workbook maintenance, and financial/rebalancing models
• Basic financial acumen and mathematical skills
• Strong verbal and written communication skills with the ability to support client-facing interactions
• Strong analytical skills and attention to detail
• Ability to manage deadlines and work effectively both independently and collaboratively
• Ability to define problems, collect and analyze data, establish facts, draw conclusions, and escalate issues appropriately
• FINRA Series 6 and Series 63 registrations
• FINRA Fingerprinting required
• Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.

Nice To Haves

• Knowledge of qualified or nonqualified benefit plan administration, life insurance, finance, accounting, financial modeling, or another technically oriented benefits-related field
• Experience with corporate-owned life insurance (COLI), split-dollar life insurance, mutual funds, or nonqualified benefit plans
• Experience using Metrix or other nonqualified plan administration platforms

Responsibilities

• Process asset and liability rebalancing transactions in accordance with signed client directives
• Prepare and maintain asset and liability reporting
• Serve as a day-to-day client contact for corporate-owned life insurance (COLI) and split-dollar life insurance, responding to technical questions and ad hoc requests in a timely manner
• Complete daily service deliverables and client-specific operational activities to support accurate, high-quality client service
• Administer complex Microsoft Excel rebalancing and premium-listing models
• Use Metrix and nonqualified (NQ) administration systems to support client servicing, financial transaction processing, and operational activities for assigned accounts
• Implement and maintain current client procedures and documentation
• Participate in client team meetings and provide updates regarding assigned book-of-business responsibilities
• Escalate client requests to management when requested services fall outside the applicable service agreement
• Perform quality-control reviews for client projects and service deliverables
• Keep team members informed of client projects, servicing expectations, and relevant developments
• Analyze issues, collect and evaluate data, establish facts, draw conclusions, make decisions within established authority, and escalate issues when appropriate

Benefits

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree