Junior Distribution Associate

Overview

Banner Life Overview 

The Banner Life family of companies, which includes Banner Life Insurance Company and William Penn Life Insurance Company of New York, is a leader in Pension Risk Transfer with over 35 years of experience globally, servicing over a million annuitants. Building on our global success, we established our Pension Risk Transfer platform in the US in 2015.  The business has grown steadily with over $14 billion in total premium as of year-end 2025.  

 At Banner Life family of companies, we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live.  We are passionate about what we do and how we do it. This means working with pace and energy to reach our goals and challenging ourselves to achieve more.  We strive to create a unique environment where a balance between work and life is possible.  

Purpose and Objective

The Junior Distribution Associate is part of the Distribution Team, whose purpose is to represent Banner Life’s Family of Companies’ values by ensuring a great experience for clients, building trusted relationships with intermediaries, and facilitating growth opportunities for the company.

This role sits at the intersection of deal execution and team operations, combining transaction support responsibilities with ownership of core coordination and governance processes. The successful candidate will play a critical role in ensuring the smooth execution of US PRT transactions, supporting transaction leads on live opportunities, and is expected to grow within the team over time by taking direct ownership of smaller, less complex transactions.

Role and Responsibilities

Transaction execution support:

• Support the Distribution Lead on active PRT transactions by assisting in the preparation of client proposals and RFP responses, drafting and coordinating transaction contracts, and managing due diligence requests.

• Coordinate internal stakeholders from various teams to ensure timely delivery of transaction deliverables

Transaction management:

• Maintain and manage detailed project plans for all active transactions

• Respond to stakeholder requests for information, manage expectations, keep relevant parties informed, focus on timely delivery, and take ownership of resolving issues.

Governance management:

• Track governance requirements on all deals to ensure relevant approvals are requested and held on time, and that senior stakeholders are kept informed of approval progress.

• Work with appropriate parties to assist with governance meeting scheduling

Pipeline management:

• Contribute to the maintenance of the team’s pipeline of RFPs and live opportunities

• Ensure all opportunities are properly logged, tracked, and progressed

Process improvement

• Identify opportunities to improve efficiency in transaction execution and coordination

• Work as a member of the team, contribute to knowledge sharing through on-the-job training, and participate in team meetings in order to improve the capability, values, morale, and contribution of the team.

• College Degree or relevant work experience.
• Expected skills and behaviors include:
• Commitment to delivering the best outcomes for clients
• Ability to successfully balance the demands of routine work, ad hoc requests, and project delivery
• Strong collaboration skills to assist with managing projects with multiple stakeholders
• Ability to develop a basic understanding of highly technical content and translate it into appropriate content for our clients
• Strong analytical and technical skills
• Strong communication skills
• Critical problem-solving skills and the ability to make sound decisions
• Ability to communicate clearly and effectively with executive-level individuals, both internal and external

• 10 - 25 vacation days, depending on experience level and years of service
• 4 floating holidays, 2 personal days, & 2 wellness days
• 10 - 15 sick days, depending on years of service
• 2 paid volunteering days
• Health benefits, including medical, dental, and vision coverage
• Supplemental health benefits and life insurance
• 6 weeks of paid parental and maternal leave
• Immediate vesting into a 401 (k) savings plan with up to 6% company match
• 100% employer-contributed Pension Plan - Cash Balance Plan after 1 year of service
• Flexible Workspace and Arrangements
• Tuition and Certification reimbursements
• Infertility and domestic partner benefits

The expected hiring compensation range for this position is $80,000 - $100,000 USD annually. Base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The current bonus target for the position is 5% of the base salary with a stretch to twice the target, modified for corporate and individual performance.

**This role is remote or hybrid located in Stamford, CT, or Frederick, MD**

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.