What are the responsibilities and job description for the Disbursement Specialist – Fixed Annuities position at American National?
Job Title: Disbursement Specialist – Fixed Annuities
Onsite, Location: League City, Texas – Marina One
Status: Full-Time, Hourly
Reports to: Senior Manager, Production
The Disbursement Specialist is responsible for reviewing and processing outgoing disbursements for annuity contracts, with a strong emphasis on accuracy, risk awareness, and timely completion. You will review distribution request forms received digitally, by email, and by mail; enter and validate data in multiple systems; and partner with internal teams to ensure funds are released correctly and on schedule.
What You’ll Do
Job titles may span multiple career levels. Base pay is determined by a variety of factors, including training, transferable skills, relevant experience, business needs, and market conditions. Compensation is subject to change and may be modified in the future.
This job posting outlines the general nature and level of work for this role and is not intended to be a comprehensive list of duties, responsibilities, or qualifications. We are committed to building a diverse and inclusive workplace, and we encourage candidates to apply even if their experience does not perfectly align with every qualification- you may be a strong fit for this role or other opportunities at American National.
American National offers a comprehensive benefits package supporting employees’ health, financial security, and well‑being, including multiple medical plan options, dental and vision coverage, basic life insurance, and health savings accounts. Employees are automatically enrolled in a company‑funded 401(k) plan, receive paid time off and holidays, and work in an inclusive, people‑first culture that values flexibility, work‑life balance, professional growth, and a casual dress environment.
American National is a financially strong and stable insurance organization with a legacy of trust and impact dating back to 1905. We’re committed to supporting our employees as they build meaningful careers while helping protect what matters most to our customers and communities. Guided by our core values- Financial Strength, Integrity, Respect, Service, and Teamwork (FIRST)- we foster a collaborative, people‑centered workplace where individuals are encouraged to grow, contribute, and make a difference today and for the future. Learn more about our company, by following us on social media: LinkedIn, Facebook, Instagram.
Hiring Practices
American National’s recruitment policies help us place individuals in a timely and efficient manner, and only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application by logging into their account.
While candidates may choose to use artificial intelligence (AI) tools for personal interview preparation, the use of AI or automated tools is not permitted during any live or recorded interview, assessment, or at any stage of the application process where original candidate responses are required. Candidates are expected to represent their own qualifications, skills, and experiences throughout the hiring process. American National does not accept unsolicited resumes or candidate submissions from third‑party recruitment agencies without a valid, signed agreement in place, and no fees will be paid for unauthorized submissions. Additionally, American National’s ability to sponsor employment‑based immigration authorization is limited and available only for certain positions based on business needs and role requirements.
American National is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information or any other legally protected categories. American National is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.
Onsite, Location: League City, Texas – Marina One
Status: Full-Time, Hourly
Reports to: Senior Manager, Production
The Disbursement Specialist is responsible for reviewing and processing outgoing disbursements for annuity contracts, with a strong emphasis on accuracy, risk awareness, and timely completion. You will review distribution request forms received digitally, by email, and by mail; enter and validate data in multiple systems; and partner with internal teams to ensure funds are released correctly and on schedule.
What You’ll Do
- Review and analyze distribution request forms and supporting documentation to ensure completeness and accuracy
- Process high-volume disbursement transactions including full/partial surrenders, systematic withdrawals, outgoing 1035 exchanges, and fixed or interest-only distributions
- Enter and validate data in administrative systems; resolve exceptions such as mismatched policy or banking information
- Screen disbursement requests for fraud prevention and escalate risk concerns appropriately
- Apply an understanding of tax codes and distribution rules to support proper tax reporting (e.g., withholding requirements, IRA/qualified plan distributions, transfers vs rollovers)
- Communicate with representatives, policy owners, and internal departments via email and by phone to resolve issues and meet service level agreements
- Manage work across multiple shared inboxes and workflow queues while maintaining strong attention to detail
- Two years of relevant work experience in a transaction-driven, detail oriented, and deadline focused work environment
- Strong attention to detail and commitment to quality—accuracy is critical
- Ability to learn new systems quickly and follow established procedures while handling changing priorities
- Strong written and verbal communication skills with a service mindset
- Self-motivated critical thinker who can research discrepancies and drive issues to resolution
- Work experience in any of the following fields: Insurance, banking, finance (2–3 years preferred)
- Working knowledge of basic accounting functions and/or bank procedures
- Experience processing disbursements, withdrawals, transfers, or other regulated financial transactions
Job titles may span multiple career levels. Base pay is determined by a variety of factors, including training, transferable skills, relevant experience, business needs, and market conditions. Compensation is subject to change and may be modified in the future.
This job posting outlines the general nature and level of work for this role and is not intended to be a comprehensive list of duties, responsibilities, or qualifications. We are committed to building a diverse and inclusive workplace, and we encourage candidates to apply even if their experience does not perfectly align with every qualification- you may be a strong fit for this role or other opportunities at American National.
American National offers a comprehensive benefits package supporting employees’ health, financial security, and well‑being, including multiple medical plan options, dental and vision coverage, basic life insurance, and health savings accounts. Employees are automatically enrolled in a company‑funded 401(k) plan, receive paid time off and holidays, and work in an inclusive, people‑first culture that values flexibility, work‑life balance, professional growth, and a casual dress environment.
American National is a financially strong and stable insurance organization with a legacy of trust and impact dating back to 1905. We’re committed to supporting our employees as they build meaningful careers while helping protect what matters most to our customers and communities. Guided by our core values- Financial Strength, Integrity, Respect, Service, and Teamwork (FIRST)- we foster a collaborative, people‑centered workplace where individuals are encouraged to grow, contribute, and make a difference today and for the future. Learn more about our company, by following us on social media: LinkedIn, Facebook, Instagram.
Hiring Practices
American National’s recruitment policies help us place individuals in a timely and efficient manner, and only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application by logging into their account.
While candidates may choose to use artificial intelligence (AI) tools for personal interview preparation, the use of AI or automated tools is not permitted during any live or recorded interview, assessment, or at any stage of the application process where original candidate responses are required. Candidates are expected to represent their own qualifications, skills, and experiences throughout the hiring process. American National does not accept unsolicited resumes or candidate submissions from third‑party recruitment agencies without a valid, signed agreement in place, and no fees will be paid for unauthorized submissions. Additionally, American National’s ability to sponsor employment‑based immigration authorization is limited and available only for certain positions based on business needs and role requirements.
American National is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information or any other legally protected categories. American National is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.