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Financial Processing Associate
Transamerica US
Norwood, MA, United States
Job Details - this job has expired, please see similar jobs below
Job Family
Cash
Job Description Summary
Under general supervision provide outstanding customer service to clients by processing remittances within the Company standards and IRS regulatory guidelines for various retirement plan accounts.
Responsibilities:
• Prepare remittances promptly, accurately and independently, consistently meeting or exceeding strict quality and timing standards for an assigned group of clients.
• Assure participants funds are invested within the same day preventing market risk for Transamerica.
• Negotiate solutions that balance the needs of the customer and Transamerica with direction from Remittance Specialists and/or Management.
• Provides cooperative, courteous, responsive service and information to Plan Administrators and Account Consultants with daily remittance items, creating positive working relationships.
• Assist assigned clients daily on remittance related processes and regulations.
• Represent the remittance process during client meetings for assigned caseload.
• Create appropriate documentation for all remittance related transactions.
• Apply technologies, techniques, and procedures to accomplish business area goals and objectives.
• Maintain a variety of assignments effectively and demonstrate the ability to adjust for changing priorities.
• Interpret error messages and apply appropriate error resolution.
Qualifications:
• Minimum of 1 year business education or equivalent experience.
• Strong analytical/problem solving skills.
• Strong numerical ability
• Attention to detail
• Excellent verbal and written communication skills
• Must be able to work independent
Preferred Qualifications
• Banking, cash management, bookkeeping or other numbers management experience very strongly preferred
• Pension experience and the ability to differentiate between various retirement products
• Understanding of retirement plan regulations and how these apply to remittance processing is preferred.
• Proficiency using MS Office tools
Behavioral:
• Strong attention to detail
• Excellent numerical aptitude
• Excellent Communication skills
At Transamerica we promote a Future Fit mindset. What is a Future Fit mindset?
• Acting as One fosters an environment of positive collaboration
• Accountability allows us to own the problem as well as the solution
• Agility inspires new ideas, innovation and challenges the status quo
• Customer Centricity encourages an above and beyond approach to our customer
Working Conditions:
• Normal office environment.
Why Work for Us
Total Rewards at Transamerica: It’s more than a paycheck.
Our comprehensive Total Rewards package is designed to help support you in many ways — throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind… to help you live your best life, grow personally and professionally - and feel valued for the work you do.
Learn more about our Total Rewards Package.
Equal Opportunity Employer:
Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies.
Ontario Applicants:
Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA").