Great-West Financial Empower Retirement

  • Risk & Control Processing Specialist

    Location US-CO-Denver (DTC)
    Posted Date 3 weeks ago(6/25/2018 4:50 PM)
    Job ID
    15908
    # Positions
    1
    Category
    Account Operations
  • Position Highlights

    Would you like to be a part of one of America's leading financial services firms? Great-West Financial is the nation’s second largest insurer in sales of individual life insurance through banks. We also offer annuity and executive benefits products. Under Empower Retirement, we provide employer sponsored retirement plans as the nation’s second largest retirement plan provider.

     

    Our over 5,000 associates across 40 locations across the country provide world class service to:

     

    30,000+ employer sponsored retirement plans

    8 million+ employees participating in their employer-sponsored retirement plan

    467,700+ individual life insurance and annuity accounts

    $460 billion+ total assets under administration

     

     

    The Risk and Control Processing Specialist is responsible for all duties related to stale dated checks per the Corporate Check policy. Position consists of ensuring SAP system is updated to ensure letter notifications are mailed per each providing company's Unclaimed Property (UCP) procedures.

    Primary Responsibilities

    • Unclaimed Property uncashed check letter notification maintain SAP tables and queries; address verifications through Lexis/Nexis; and maintaining company specific procedures.
    • Researching, replying to all requests; requires research in EASY, SAP, PRISM, shared drive workbooks and working with other departments to provide resolution.
    • Institution/segment/plan specific instructions to move uncashed checks to the plan level accounts. Requires working with Managers to identify plan and contract terminations, building cash events, processing stop/void checks, requesting accounting entries to transfer funds to Corporate UCP account.
    • Inventories, a list of all outstanding checks through a specific time frame for institution and plans are completed monthly/quarterly or upon request via service request or e-mail.
    • Researches all requests received from various teams. Research involves multiple applications.

    Qualifications

    • An associate's degree in accounting (or related field) preferred.
    • One or more years of related experience.
    • Without a degree an additional six months to one year of directly related experience is required.



    Physical Requirements/Working Conditions: Normal Office Working Conditions Using established procedures and working under moderate supervision, performs assigned tasks.Performs review of data and activity to prevent risk of loss due to errors.Develops working relationships with peers and management

    The above statements are intended to describe the general nature and level of work being performed by individuals assigned to this job. They are not intended to be an exhaustive list of responsibilities, duties and skills.

    About Great-West Financial

    At Great-West Financial® and Empower Retirement, our more than 5,700 global associates are dedicated to helping customers secure their financial futures. We offer a range of retirement savings products, life insurance, annuities and investment services from offices across the country. If you’re interested in joining a company that enjoys a record of strong performance and is rich in history yet innovative, bold and transformative, then our organization is an outstanding place for you to grow and succeed. We’re an equal opportunity employer dedicated to workforce diversity. We’re also committed to providing a drug-free workplace.

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