Process and review new business annuity applications to issue the business accurately and in a timely manner
Accurately enter data into the system, suitability reviews, manage those not in good order (NIGO) and resolve outstanding issues with agents.
Learning, retaining, and updating one's knowledge of a wide variety of financial product information and internal processes and procedures, while adhering to strict financial industry rules and regulations.
Assist with processing other types of maintenance and withdrawal transactions as needed.
Provide information regarding contract values, contract status updates, withdrawals, fund performance, outstanding issue requirements, 1035 exchanges, IRA and Qualified Plan transfers and rollovers, agent licensing, and commissions for new business.
Support both Agent/Advisors and Clients with all new business operations.
Assist in special projects as needed.

High School Diploma or GED equivalent required, Bachelor's Degree preferred
3+ years of operational/customer service or processing experience or a combination is required
Strong verbal and written communication skills
Strong problem-solving skills and experience working in a fast-paced environment
Prior experience in financial services knowledge of the annuity market, with specific focus on the fixed, fixed indexed and variable annuities is preferred

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package.
Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.
Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability.
All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.
Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

Contract Administration Representative – New Business Operations

Key skills