Specialist, Operations - Pension Risk Transfer

Nationwide
Columbus
Workplace: RemoteFull timeUSD 79,500 - 148,500 annuallyFunction: Legal, Risk & ComplianceExperience: 6+ yearsEducation: bachelorsSkills: ["Communication","Problem-solving","Planning","Coordination","Data analysis"]

Support day-to-day Pension Risk Transfer (PRT) operations by managing data used for annuitant experience, pension payroll funding, premium validation, risk mitigation, contract drafting, and financial reporting. Validate TPA reporting, oversee SLA and compliance, optimize data processes, handle escalations, and perform monthly reconciliations and funding/journal entry validation. Collaborate across Finance, Treasury, Technology, Compliance, and Third-Party Administrators.

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FursaFursa
Nationwide
Nationwide
1 day ago

Specialist, Operations - Pension Risk Transfer

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Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 12 hours agoStatus: Live

Job Summary

Support day-to-day Pension Risk Transfer (PRT) operations by managing data used for annuitant experience, pension payroll funding, premium validation, risk mitigation, contract drafting, and financial reporting. Validate TPA reporting, oversee SLA and compliance, optimize data processes, handle escalations, and perform monthly reconciliations and funding/journal entry validation. Collaborate across Finance, Treasury, Technology, Compliance, and Third-Party Administrators.
Location: Columbus
Workplace: Remote
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Validate TPA escheatment reporting, review weekly death reports, and approve or seek authorization to write off overpayments.
  • •Oversee Third-Party Administrators (TPAs), including SLA metrics and call center statistics, tracking deliverables, capturing meeting notes, and managing monthly compliance reporting.
  • •Manage monthly data optimization and data misstatement processes to reduce risk and initiate survivor payout as appropriate.
  • •Ensure Power of Attorney documents meet requirements to update communication documents; manage new contract data optimization and annuity exhibit creation.
  • •Handle case escalations, validate monthly funding wires and journal entries, and reconcile suspense accounts monthly while recommending solutions for discrepancies.
Travel: Low travel

Pay and Benefits

Salary: USD 79,500 - 148,500 annually
Perks:Health InsuranceLife Insurance401kPaid LeavePension

Key Requirements

  • •Six years’ experience in a business information analysis role or similar work involving analysis, problem solving, planning, coordinating, and organizing.
  • •Undergraduate studies in business, insurance, mathematics, or a related field; prefer degree or professional insurance coursework.
  • •In-depth knowledge of business information analysis concepts, data mining, and using various data sources related to insurance policies and procedures.
  • •Familiarity with regulatory and compliance issues and product terminology and processes.
  • •Strong verbal and written communication skills and ability to analyze data requests and work under tight time constraints.
Experience:6+ years
Education:Bachelor's
Skills:CommunicationProblem-solvingPlanningCoordinationData analysis

Company Brief

Nationwide
Nationwide is a mutual insurance and financial services company offering auto, home, life insurance, retirement planning, investments, and banking products for individuals and businesses across the United States.
Industry: Insurance
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Established Company
Headquarters: Columbus, United States
Founded: 1926
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Glassdoor: 3.6
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