Disbursement Specialist – Fixed Annuities

Job description

Job Title: Disbursement Specialist – Fixed Annuities Onsite, Location: League City, Texas – Marina One Status: Full-Time, Hourly Reports to: Senior Manager, Production The Disbursement Specialist is responsible for reviewing and processing outgoing disbursements for annuity contracts, with a strong emphasis on accuracy, risk awareness, and timely completion. You will review distribution request forms received digitally, by email, and by mail; enter and validate data in multiple systems; and partner with internal teams to ensure funds are released correctly and on schedule. What you’ll do: - Review and analyze distribution request forms and supporting documentation to ensure completeness and accuracy - Process high-volume disbursement transactions including full/partial surrenders, systematic withdrawals, outgoing 1035 exchanges, and fixed or interest-only distributions - Enter and validate data in administrative systems; resolve exceptions such as mismatched policy or banking information - Screen disbursement requests for fraud prevention and escalate risk concerns appropriately - Apply an understanding of tax codes and distribution rules to support proper tax reporting (e.g., with...