About the role
Section 1: Position Summary
The Compliance team internship role will encompass learning and practical application of core compliance principles and requirements to real work allowing for hands-on experience in testing tasks, including allocated links, financial data reconciliation, and more. The intern will have a background in actuarial science or mathematics and a keen interest in compliance and regulatory processes.
Section 2: Job Functions, Essential Duties and Responsibilities
- Census Load: Assist in the preparation and loading of census data into compliance systems, ensuring accuracy and completeness.
- Allocated Links: Support the creation and management of allocated links for compliance testing purposes.
- Financial Data Reconciliation: Perform basic financial data reconciliation tasks to ensure data integrity and compliance with regulatory standards.
- Documentation: Maintain accurate and up-to-date documentation of compliance testing processes and results.
- Reporting: Assist in the preparation of compliance reports and summaries for internal and external stakeholders.
- Collaboration: Work closely with the compliance team to identify and resolve any issues related to compliance testing tasks.
- Learning and Development: Participate in training sessions and workshops to enhance your understanding of compliance processes and regulatory requirements.
- Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
- At Ascensus we are guided by our Core Values of People Matter, Quality First and Integrity Always®. They inspire us every day to prioritize an environment of respect for those we serve and one another and should be visible in your actions on a day-to-day.
Supervision
- N/A
Section 3: Experience, Skills, Knowledge Requirements
- Education: Currently pursuing or recently completed a bachelor’s degree in actuarial science (BSC) or a master’s degree in mathematics (MSC).
- Analytical Skills: Strong analytical and problem-solving skills with attention to detail.
- Technical Proficiency: Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and familiarity with data management tools.
- Communication: Excellent verbal and written communication skills.
- Team Player: Ability to work effectively both independently and as part of a team.
- Adaptability: Willingness to learn and adapt to new tasks and challenges.
For all virtual remote positions, in order to ensure associates can effectively perform their job duties with no distractions, we require an uninterrupted virtual workspace and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 25 Mbps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Note: For call center roles specifically, it is a requirement to either hardwire your equipment directly to the internet router or ensure your workstation is in close proximity to the router. Please ensure that you are able to meet these expectations before applying.
We are proud to be an Equal Opportunity Employer
Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.
Aplyr's read
Ascensus empowers individuals to secure their financial future through innovative savings solutions, attracting professionals dedicated to personalized service and technological advancement.
What's promising
- •Ascensus is a leader in retirement and college savings, providing stability in the financial services sector.
- •The company invests in innovative technology, enhancing its service offerings and operational efficiency.
- •Employees benefit from a culture focused on personalized service, fostering strong client relationships.
What to watch
- •The financial services sector is highly competitive, posing challenges for market differentiation.
- •Regulatory changes in retirement savings can impact business operations and strategy.
- •Limited public information about Ascensus's diversity and inclusion initiatives.
Why Ascensus
- •Ascensus specializes in both retirement and college savings, offering a dual focus uncommon in the industry.
- •The company emphasizes personalized service, setting it apart in a tech-driven financial landscape.
- •Ascensus's commitment to innovative technology supports its leadership in savings solutions.
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About Ascensus
Ascensus is a leading provider of retirement and college savings solutions, dedicated to helping individuals save for their future through innovative technology and personalized service.