Business Development Associate
2 days ago
This is an exciting opportunity to join our team as a Business Development Associate - Life Insurance. As a key member of our Disability Solutions team, you will play a vital role in supporting the underwriting process for life insurance applications.
Job Responsibilities- Perform initial reviews of submitted life insurance applications
- Validate agent licensing and appointment for business submitted
- Input case information into our agency management system for permanent record keeping
- Submit good order applications to insurance carriers via secure delivery
- Order paramedical exams required by carrier for underwriting decision
- Track completion of exams and forward to insurance carrier for review
- Follow-up on requests for information to ensure timely completion
- Process issued life insurance policies for mailing to financial advisors/agents
- Send follow-up notices to financial advisors/agents until delivery requirements are completed
- Review and submit delivery requirements to insurance carrier
- Ensure delivery requirements are received by insurance carrier and policy is placed in-force
- Process various policy service requests
- Support financial advisors/agents with requests for information
- Performs other duties and responsibilities as assigned.
At Disability Solutions, we value our employees and offer a competitive compensation package. This includes a salary range of $45,000-60,000 per year, depending on education and experience, plus performance-based bonuses.
Requirements- High School Diploma or equivalent and a minimum of three (3) years' experience in the areas of life insurance or financial services industry or customer service.
- Knowledge of principles, practices, and procedures of general office concepts, personal life insurance operations, process flows within specific assigned functional area, and regulations for specific assigned functional area.
- Advanced skills in operating standard office equipment and using required software applications to produce correspondence, reports, electronic communication, spreadsheets, and databases.
- Ability to organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment.
- Use appropriate interpersonal styles and communicate effectively, both orally and writing, with internal associates and external contacts at all levels.
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