1. MATTHEW A. HERRERA
Woodbury NJ 08096 | 856-287-0370 | matthewaherrera06@gmail.com
SUMMARY
Analytical thinker with solid problem solving skills who is committed to a high level of accuracy
and competency.
EXPERIENCE
April 2005-
March 2015
Supervisor, In-Force Annuities, Reliance Standard Life Insurance
April 1992-
March 2005
Annuity Administration System Analyst, Reliance Standard Life Insurance
DEMONSTRATED PROFICIENCIES
Analytical and critical thinking
Regulatory based research and analysis
Knowledge of annuities and annuity related tax laws
Proven time management skills
Strong and effective oral and written communication skills
RESPONSIBILITIES
Supervise team of three (3) individuals responsible for the complete administration of
over 63,000 policies valued in excess of 3 billion dollars
Disbursement Auditing – review and approve all Death Claims and disbursements over
$50,000
Insurance Department Complaints/Subpoenas – research and respond to
SME for the Leverage Administration System as well as the liaison between the IT
Department and end-user
Liaison between internal/external Auditors and Annuity Department
1099R/1099-INT/5498 tax forms - review, correct and delete as necessary
Interest Rates – Review rate sheets for accuracy and uniformity, verify coded rates for
accuracy prior to upload
Death Master File – compare system files to Social Security database for matches
Multiple Beneficiary Death Claim Calculations – track and calculate remaining benefits
Escheat process - outstanding check research and replacement
Daily review and resolution of error, financial activity and accounting out-of-balance
reports
Provide administration assistance, as needed
EDUCATION
1985-1989 BA, Business & Economics, Lafayette College, Easton PA
