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BOLI (Bank Owned Life Insurance) Analyst (Entry Level)

Newport

in Greensboro NC

Logo for Newport

Newport helps companies 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 Description:

Newport is looking to hire a BOLI (Bank-Owned Life Insurance) Analyst who will be responsible for the maintaining accuracy in the tracking of historical monthly cash values and death benefits for BOLI clients, as required for accurate monthly, quarterly and annual reporting. If you thrive on complex number problem solving this opportunity could be a great step for you to learn the industry!

Your Responsibilities will include:

  • Recognizing trends and performing analysis while you develop an in-depth understanding of BOLI products, including crediting rate reset timing and methodology.
  • Developing a process and methodology for regular yield analysis and identification of changes relevant to the clients’ portfolios.
  • Working in a team environment building partnerships across departments at Newport
  • Performing various financial functions and cell manipulation in Microsoft Excel including Internal Rate of Return (IRR), VLookup etc.
  • Adapting easily to changing priorities within a fast-paced, demanding environment

Qualifications, Education and Experience:

  • Bachelor’s degree from an accredited university in Business, Finance, Accounting, Economics, Mathematics or related field
  • Strong analytical skills as well as written and oral communication skills.
  • Must have advanced MS Office skills, especially in Excel.
  • Proven ability to solve complex problems and improve processes.
  • Highly organized, with effective time management, project management skills
  • Must be both a team player and an independent worker under tight deadlines. 

Newport offers for employment are conditioned upon satisfactory completion of our employment screening process (including, but not limited to, a review of past employment and education records, background investigation, and/or credit check and fingerprints.)

Newport unequivocally rejects racism and discrimination of any kind and fosters an environment of belonging to provide access and opportunity for all.  As an Equal Opportunity Employer we do not discriminate on the basis of race, religion, color, sex, sexual orientation, gender identify, gender expression, national origin, age, non-disqualifying physical or mental disability, veteran status, or any other basis covered by applicable law. All employment is decided on the basis of qualifications, merit, and business need.

How to Apply

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