About this role
A New Business Analyst provides support to Financial Services Representatives in analyzing, clarifying, and submitting new client applications. A New Business Analyst on the Investments Team is directly responsible for processing new business and/or service work on existing accounts as quickly as possible. The New Business Analyst will be responsible for investment business related to annuity submissions, or MMLIS brokerage/advisory securities business.
The ultimate responsibility is to assist the Financial Service Representatives while prioritizing client interest.
Requirements
Duties and responsibilities
Quality check new business applications before submitting them to be processed
Process new business applications in an organized and timely manner
Log checks in a compliant manner to ensure all incoming and outgoing payments are documented
Advise Financial Services Representatives on how to properly execute transactions and submit new business applications
Assist Financial Services Representatives with escalations related to new business transactions
Collect metrics for Barnum’s profit from Investment Business (Annuities and/or MMLIS
Brokerage and Advisory Business)
Collect metrics on NIGO (Not In Good Order) applications
Act as a liaison between Financial Service Representatives and the home office
Handle any escalations from FSR’s regarding their submissionsInvestigate NIGO Applications and resolve accordingly Research and resolve errors on the part of the home office or vendor on behalf of the FSR
Act as a leader for Jr. New Business Analysts
Train Employees and Agents on Operational Processes
Create and present training materials on new business processes and industry/firm
changes.
Track new business through its life cycle and investigate issues, concerns and delays
Leverage teammates and be able to manage time during high case loads or unforeseen circumstances
Understand the financial/strategic goals of the firm and how to help the firm reach
those goals
Qualifications include:
2+ years of professional experience, financial services industry preferred
Strong analytical and organizational skills
Easily adaptable to changes in processes and priorities
Strong multi-tasker with a high level of accountability
Customer service-oriented and professional
Fast learner, reasonable level of common sense
CRN202801-8007532