The Group Annuity Lead supervising a team of para-professionals that are responsible for processing and calculating defined benefit payments for defined benefit plans funded through group annuity contracts. This job oversees a variety of defined benefit plan objectives, including benefit calculations and distributions for clients. As a team supervisor, this job is responsible for setting day-to-day operational objectives for team members and ensuring policies and procedures are understood and followed by direct reports.
Key Responsibilities and Duties- Manages the administration of a number of group annuity plans to provide efficient and accurate service.
- Supervises payment calculation distributions for defined benefit plans.
- Reviews and authorizes institutional plan level transactions.
- Prepares and reviews institutional and other reports prior to submitting to management.
- Works to modify and improve existing group annuity processes as needed and available.
- Analyzes impact of and suggests alternatives for required regulatory changes.
- Takes ownership of problem resolution or service recovery efforts as necessary.
- Manages performance of team through regular, timely feedback as well as the formal performance review process to ensure delivery of exceptional services and engagement, motivation and development of team.
Educational Requirements- No Advanced Degree Required Preferred
Work Experience- 3+ Years Required; 5+ Years Preferred
Physical Requirements- Physical Requirements: Sedentary Work
Career Level 7PL
Required Qualifications:
- 3+ years of work experience
Preferred Qualifications:
- 5+ years of experience with defined benefit plan operations
Related Skills
Adaptability, Communication, Continuous Improvement Mindset, Customer Engagement, Data Analysis, Data-Based Decision Making, Detail-Oriented, Financial Risk Management, Relationship Management, Technology Systems, TIAA Products/Services Acumen, Transaction Processing
Anticipated Posting End Date:
2026-10-23
Base Pay Range: $126,000/yr - $186,000/yr
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
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