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Annuity Corrective Processing Associate
Prudential Securities
Dresher, PA, United States
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Description
Prudential Annuities has an exciting opportunity for a result's and service-oriented individual to be part of the Annuity Corrective Processing Team. The incumbent will handle manual corrections within our administrative system (VPAS) for Variable Annuities that allow for backdating, corrections and reversals on client accounts.
In this Associate role, you will be expected to interpret business requests and handle a daily case load while meeting expected quality production and slippage standards. This will involve corrections to Annuity New Business Payments and/or benefits, subsequent payments, contributions, disbursements, reallocation, deceased and matured transactions. You will also be responsible for pricing of variable funds and may be required to prepare less complicated manual calculations which helps the organization in determining hedge amounts and potential client harm.
Qualifications
• Must be available to work a minimum of one late night per week
• Ability to review and interpret plan documents
• Strong mathematical, statistical and analytical skills
• Solid verbal and written communication skills
• Prior experience working with VPAS would be preferred
• Annuities industry experience would be a plus