BOLI Analyst

Newport, an Ascensus company, helps employers offer their associates a more secure financial future through retirement plans, insurance and consulting services. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport is independent, experienced, and responsive.

Job Summary: Responsible for tracking historical monthly cash values and death benefits for BOLI clients, as required for accurate monthly, quarterly and annual reporting.

Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Recognizes trends and performing analysis while developing an in-depth understanding of BOLI products, including crediting rate reset timing and methodology.
• Develops a process and methodology for regular yield analysis and identification of changes relevant to the clients' portfolios.
• Works as a team player in a team environment building partnerships across departments at Newport.
• Performs various financial functions and cell manipulation in Microsoft Excel including Internal Rate of Return (IRR), VLookup etc.
• Works under pressure and adapts easily to changing priorities within a fast-paced, demanding environment.
• Solves complex problems and improve processes.
• Works independently under tight deadlines.
• Effectively collaborates with others, seeks/conveys information, initiates action, adapts to change and openly shares knowledge with colleagues
• Focuses on learning in everyday activities and events
• Regular, reliable, and punctual attendance

Management Responsibilities

• n/a

Required Education, Experience and Certificates, Licenses, Registrations

• Bachelor's degree from an accredited university in Business, Finance, Accounting, Economics, Mathematics or related field
• Must have advanced MS Office skills, especially in Excel.

Preferred (but not required) education or skills for this role are

• None

Competencies

• Analytical
• Builds Collaborative Relationships
• Detail Oriented
• Flexibility
• Planning and Organizing
• Thoroughness
• Written and Oral Communication Skills
• Time Management
• Project Management
• Initiative

TRAVEL: Up to 5%

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.