Life Insurance, Service Specialist/Coordinator
1 week ago
Who We Are
NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: .
NFP is a leading insurance broker and consulting firm that provides employee benefits, specialized property and casualty, retirement, and individual private client solutions through our licensed subsidiaries and affiliates. Our expertise is matched by our commitment to each client’s goals and is enhanced by our investments in innovative technologies in the insurance brokerage and consulting space.
Summary of Role:
The Life Insurance Specialist will assist with the implementation of new life insurance policy purchases for executive clients such as COLI, BOLI, 162a Bonus, 1035 Exchange plans. This role focuses on administration and operations for the servicing team. Duties include determining appropriate life insurance application forms, preparation of forms, coordination of medical underwriting requirements and direct correspondence with clients, insurance brokers and insurance companies to complete all phases of the life insurance purchase.
This is a full-time position working from our Warrington, PA office. We are flexible in offering a hybrid schedule approx. 2 days a week in the office and when required and other days from home, after sufficient training.
Essential Duties and Responsibilities:
- Ensuring that policies are implemented in a timely, accurate, and professional manner.
- Knowledge and understanding of nonqualified benefit plans and an understanding of the basics of investments is a plus.
- Administration could but not limited to: change of broker, surrender, owner and beneficiary changes.
- Meet broker dealer compliance requirements.
- Able to support other areas of the company as needed
- Must be able to work from our Warrington, PA office weekly
Experience/Skills
- Experience with life or other insurance processing, operations, and administration is highly preferred
- Must have demonstrated strong organizational skills and takes the initiative on follow through
- Proficiency with MS Office Suite, with basic MS Excel fluency
- Ability to communicate effectively, both orally and in writing
- Analytical, apply critical thinking and and problem-solving skills
- Exhibit a high degree of self-motivation and direction. Able to pivot quickly on changing priorities
- Ability to foster a strong sense of cooperation and teamwork throughout the organization
Education/Credentials
- Life and Health License preferred or able to obtain within 90 days of hire
- Bachelor's Degree or advanced training/education preferred
- HS Diploma or equivalent is required
What We Offer
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
NFP and You... Better together
NFP is an inclusive Equal Employment Opportunity employer.
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