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Financial Analyst
1 month ago
Financial / Policy Analyst
Job Description:
- We are seeking meticulous and driven individuals to join our policy service team at NorthStar Life Services. The individual will be responsible for managing Life Insurance Portfolios. The ideal candidate should possess strong analytical skills, attention to detail, and the ability to thrive in a fast-paced environment.
Responsibilities:
- Manage Life Insurance Portfolios consisting of varying policy
- Monitor premium requirements and economics of each individual
- Comprehend policy contracts and Optimize premium requirements based on analysis.
- Prepare and review valuations and data
- Provide monthly
Requirements:
- Bachelor's degree in quantitative field (Business Administration, Finance, Economics, Statistics, Mathematics etc.)
- Professional and or internship experience in analytical
- Strong proficiency in Excel and data analysis
- Excellent verbal and written communication
Preferred Ǫualification
- Experience in analytical and quantitative
Day to Day:
- Manage client
- Premium payment requests and
- Premium projections and
- Provide gap
- Run comprehensive policy data report to review cash flows and identify any potential
- Communicate with insurance carriers to obtain policy status, values
- Navigate and update our proprietary
- Client communication and data
- Optimize premium
- Read and understand policy contracts, illustrations, annual statements and other policy and premium related documents.
- Calculate the minimum premium amount to keep policy in
- Run policy data through the financial model based on given parameters and analyze the output that includes premium projection and valuation.
- Coordinate with internal team on specialized
- Participate in life settlement transactions/trade for the Buyer or
- Pricing/Valuation.
- Policy data Data Tape/Market Data Report.
- Participate in IT Testing for product
Bachelors degree in Business Admin, Economics, Accounting or Finance REQUIRED
All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance. To the extent our customers require a background check for certain positions, the Company faces a significant risk to its business operations and business reputation unless a review of criminal history is conducted for those specific job positions.
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