Life Insurance Business Development Associate
1 week ago
We are seeking a highly motivated and detail-oriented New Business Associate to join our team at Raymond James Financial. As a key member of our life insurance business development team, you will play a critical role in supporting the underwriting process for life insurance applications submitted by financial advisors/agents.
Key Responsibilities- Initial Application Review: Perform a thorough review of submitted life insurance applications to ensure accuracy and completeness.
- Agent Validation: Verify agent licensing and appointment for business submitted.
- Case Management: Input case information into our agency management system for permanent record-keeping.
- Application Submission: Submit good order applications to insurance carriers via secure delivery.
- Underwriting Support: Order paramedical exams required by carriers for underwriting decisions.
- Exam Tracking: Track completion of exams and forward to insurance carriers for review.
- Follow-up and Communication: Follow up on requests for information to ensure timely completion and communicate with vendors as needed.
- Policy Processing: Process issued life insurance policies for mailing to financial advisors/agents.
- Delivery Requirements: Review and submit delivery requirements to insurance carriers.
- Policy Placement: Ensure delivery requirements are received by insurance carriers and policies are placed in force.
- Policy Service Requests: Process various policy service requests.
- Agent Support: Support financial advisors/agents with requests for information.
- Education: High School Diploma or equivalent.
- Experience: A minimum of three (3) years' experience in the life insurance or financial services industry or customer service.
- Licenses/Certifications: Life and Accident & Illness License is helpful but not required.
At Raymond James Financial, we value our associates and strive to create a work environment that is inclusive, supportive, and empowering. We believe in investing in our people and providing opportunities for growth and development. If you are a motivated and detail-oriented individual who is passionate about the life insurance industry, we encourage you to apply for this exciting opportunity.
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