Annuity Disbursement Specialist

American National Insurance; League City (TX); On-site; USD 52,000 - 76,000; Full time

Job summary

American National Insurance seeks a detail-oriented Disbursement Specialist to support the Annuity Operations team in League City, TX. You will review, validate, and process annuity distribution requests with a focus on accuracy, compliance, and timely completion.

You will interact with policy owners, financial professionals, and internal partners by phone and email, handling complex transactions and ensuring proper reporting and regulatory adherence.

Qualifications

• High school diploma or equivalent.
• 2–4 years of relevant professional experience.
• Strong attention to detail and commitment to accuracy.
• Effective written and verbal communication skills.
• Ability to manage multiple priorities in a deadline-driven environment.

Responsibilities

• Review and process annuity distribution requests for accuracy and compliance.
• Process transactions including surrenders, withdrawals, exchanges, and distributions.
• Communicate with policy owners, financial professionals, and internal teams via phone and email.
• Review documents for fraud prevention and risk mitigation.
• Apply knowledge of annuity taxation and distribution requirements.
• Maintain knowledge of withholding requirements and IRS regulations.
• Support processing involving various retirement accounts and distributions (IRAs, 401(k), 457, pensions).
• Enter and validate transaction data in multiple systems.
• Collaborate with team to meet service deadlines.
• Handle time-sensitive New York Regulation 60 transactions per policy.

Skills

Attention to detail

Communication skills

Multi-tasking

Time management

Education

High school diploma

Job description

American National is seeking a detail-oriented Disbursement Specialist to support our Annuity Operations team. In this role, you will review, validate, and process annuity distribution requests while ensuring accuracy, regulatory compliance, and timely completion. The ideal candidate thrives in a fast-paced environment, enjoys working with detailed financial transactions, and can confidently communicate with customers, agents, and internal business partners through phone and email interactions.

What You'll Do

• Review and process annuity distribution requests, ensuring completeness, accuracy, and compliance with company procedures.
• Process a variety of annuity transactions, including:
  • Full and partial surrenders
  • Systematic withdrawals
  • Outgoing 1035 exchanges
  • Fixed and interest-only distributions
• Communicate with policy owners, financial professionals, and internal departments via phone and email to resolve questions, obtain missing information, and provide updates regarding pending transactions.
• Review documentation and transaction requests for fraud prevention and risk mitigation.
• Apply knowledge of annuity taxation and distribution requirements to ensure proper processing and reporting.
• Maintain knowledge of federal and state withholding requirements and applicable IRS regulations.
• Support processing involving:
  • Traditional and Roth IRAs
  • 401(k), 457, and pension-related annuity distributions
  • Required Minimum Distributions (RMDs)
  • 72(t) distributions
  • Transfers and rollovers
  • Inherited IRAs
  • Spousal distributions
• Accurately enter, validate, and maintain transaction data within multiple administrative systems.
• Partner with team members and internal stakeholders to meet service expectations and processing deadlines.
• Review, verify, and process time-sensitive New York Regulation 60 transactions in accordance with company policies, compliance requirements, and regulatory guidelines.

What We’re Looking For

Required Qualifications

• High school diploma or equivalent.
• 2-4 years of relevant professional experience.
• Strong attention to detail and commitment to accuracy.
• Effective written and verbal communication skills.
• Ability to manage multiple priorities in a deadline-driven environment.

Preferred Qualifications

• 2-3 years of insurance, annuity, banking, or financial services experience.
• Experience processing financial transactions, withdrawals, disbursements, transfers, or related account activity.
• Working knowledge of basic accounting principles, banking procedures, or financial operations.
• Experience handling customer inquiries through both phone and email communication.

Why Join Us?

You’ll play a critical role in helping customers access their annuity funds accurately and efficiently while contributing to a team focused on service, compliance, and operational excellence.