DavenportRecruiter Since 2001
the smart solution for Davenport jobs

Variable Annuity Principal Trainee

Company: Modern Woodmen
Location: Rock Island
Posted on: September 23, 2022

Job Description:

Are you looking for a career with opportunities for growth and advancement? Becoming a Variable Annuity Principal Trainee at MWA Financial Services, Inc. (MWAFS) will prepare you for a career in the Financial Services industry.

We provide on-the-job training to obtain the necessary licenses required to provide direction, service and support for registered representative and members of MWA Financial Services, Inc. (MWAFS) by determining if a transaction is in the best interest of the client related to variable annuity transactions.

What would you be doing?

  • Support registered representatives and members by answering calls, researching questions or concerns, drafting letters to members and training representatives on product related questions.
  • Principal and review all incoming applications on a daily basis, including follow-up on all pending applications that require further paperwork and or documentation, updating systems and records as required.
  • Process and track withdrawals, surrenders, transfer outs, exchanges and internal transfer requests on a daily basis.
  • Notify Registered Representatives when transfer, surrender, etc. paperwork is received and follow up with the representative and/or members regarding Modern Woodmen penalties and tax consequences.
  • Provide trade desk services for Registered Representatives and members with variable annuity certificates.
  • Develop, prepare and review a variety of periodic reports, making recommendations for changes and improvements.
  • Assist MWAFS Marketing in making outbound calls to agents to promote sales of Variable Annuity products.
  • Assist in developing, maintaining and updating procedures.

    What do we expect from you?

    • Bachelor's degree.
    • Ability to pass FINRA Series SIE, 6 and 26 exams within 6 months of hire. We provide time to study during work hours to help you achieve this goal.
    • Excellent communication and customer service skills.
    • Strong attention to detail and accuracy, with the ability to prioritize and coordinate multiple tasks.
    • Demonstrate problem solving and analytical skills.
    • Ability to work well with the pressure of deadlines and be a productive member of the team.
    • Continue to expand industry knowledge.

      Additional information about this opportunity:

      • Starting pay: $22.67 per hour/ $44,200 annual salary
      • This is a full-time position: 37.5 hours per week (7.5 hours per day), Monday- Friday, with flexible start time between 7:00AM-9:00AM.
      • This is a hybrid position (3 days in office/2 days work from home per week), located at Modern Woodmen's home office in Rock Island, IL.
      • Full-time benefits include:
        • Company-paid retirement plan
        • Matching 401(k) Plan
        • Medical, Dental, Prescription drug Insurance. We pay 100% of employee health insurance premium and 50% of employee dependents' premiums.
        • Group Term Life Insurance
        • Long-term and short-term disability.
        • Paid vacation, sick and personal time.
        • 9 Paid holidays
        • Voluntary benefits: Vision, Flexible Savings Accounts, Accident Insurance

          Modern Woodmen is an equal opportunity employer.We strive to maintain a culture of respect and are committed to diversity and inclusion for all employees.

Keywords: Modern Woodmen, Davenport , Variable Annuity Principal Trainee, Other , Rock Island, Iowa

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Iowa jobs by following @recnetIA on Twitter!

Davenport RSS job feeds