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.
What sets you up for success
- 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
Top Skills
What We Do
Constellation® is a growing portfolio of medical professional liability insurance and partner companies including MMIC, UMIA, Arkansas Mutual and MMIC RRG. We were formed in response to the ever-changing realities of health care and dedicated to reducing risk and supporting physicians and care teams, thereby improving business results. We help medical professionals attain their dream to help, heal, and serve.
Our strategy is based on the fundamental belief that together we are stronger, that by sharing resources and expertise, we can help physicians, health care teams and health care institutions reduce risk, improve care and increase profitability. The best part is, what we do is good for everybody. This is how we arrived at our brand strategy, ”Together for the common good.” By working together, we all become part of something bigger than ourselves."
Our insurance protects something we can all get behind:
Your commitment to provide the very best in care
For decades we have been backing the great work of physicians, clinics, hospitals, health systems and senior living communities throughout the country.
And, we're mutual—our policyholders are owners, and their influence and expertise help guide the decisions that have made us financially strong for more than three decades.
And, our policies come with brainpower—our responsive team is here to answer your questions, help you manage unanticipated situations, and keep you current in the ever-changing health care industry.
We offer webinars, assessments and events, plus data analytics and action plans—all designed to help you minimize your risks and improve patient safety practices, using data-informed, customized action plans.
