About The Position
This role is responsible for reconciling client bank accounts and suspense accounts, overseeing daily cash transactions for life and annuity products, and ensuring adherence to standard operating controls for audits. The specialist will also troubleshoot issues, journalize adjustments, handle sensitive information appropriately, develop procedures, maintain client service level agreements, and prepare Unclaimed Property reporting. Additionally, the role supports Tax Reconciliation and remittances to Federal and State agencies.
Requirements
- Reconciliation of client bank accounts.
- Reconciliation of client suspense accounts.
- Overseeing day to day inbound and outbound cash transactions for life and annuity products.
- Performing day-to-day suspense and bank matching.
- Adhering to standard operation control for audits.
- Troubleshooting, assisting, and resolving issues.
- Recommending process improvements.
- Journalizing adjustments or approved miscellaneous corrections.
- Appropriate handling of sensitive information.
- Developing procedures and controls to adhere to standard operation audits.
- Maintaining client’s standard level agreement.
- Preparing Unclaimed property reporting.
- Ensuring Unclaimed property adheres to client’s requirements.
- Supporting Tax Reconciliation and remittances to Federal and State agencies.
Responsibilities
- Reconcile client’s bank accounts.
- Reconcile client’s suspense accounts and provide supporting inventory.
- Oversee day to day inbound and outbound cash transactions for life and annuity products.
- Perform day-to-day suspense and bank matching.
- Adhere to standard operation control for audits.
- Troubleshoot, assist, resolve issues and recommend process improvements.
- Journalize adjustments or approved miscellaneous correction.
- Adhere to appropriate handling of sensitive information.
- Develop procedures and controls to adhere to standard operation audits.
- Maintain client’s standard level agreement.
- Prepare Unclaimed property reporting.
- Ensure Unclaimed property adheres to client’s requirements.
- Support Tax Reconciliation and remittances to Federal and State agencies.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
