Policy Services Specialist
4 weeks ago
Job Overview:
We are seeking a highly skilled and assertive Policy Services Specialist to join our team. As a Policy Services Specialist, you will be responsible for administering the Annuity and Life Insurance Programs at a small Fraternal Benefit Society. This role requires strong knowledge of Annuities and Life Insurance, excellent documentation practices, and outstanding communication skills.
Duties:
- Prepare and process annuity and insurance contracts upon receiving application
- Assist members with making choices, completing forms and conversion applications
- Manage the administrative duties of policy maintenance, claim processing, and dividend handling
- Prepare all forms relating to service and maintenance of our policies, review them for accuracy and completeness
- Prepare and process loan origination paperwork
- Make data changes to the policy system and process claims for payment after verification
- Print and distribute outgoing policy notices on a monthly, quarterly, semi-annual and annual basis
- Send out forms/letters for various transactions and process when returned
- Serve as a resource for member and sales agent inquiries, by telephone and e-mail, by providing annuity and life insurance policy information
- Explain policy provisions and transaction processing
- Maintain Ohio Life Insurance Licensure requirements
Requirements and Qualifications:
- High School Diploma
- Possession of an active Ohio Life Insurance license for a minimum of two years
- Proven experience as a Policy Service Specialist or in a similar role
- Strong knowledge of Annuities and Life Insurance
- Experience in providing excellent customer service
- Current or prior experience of working face-to-face in an office setting
- Knowledge in the use of basic office equipment, such as a computer, telephone, printer, and fax machine
Skills:
- Strong attention to detail
- Adherence to time-sensitive deadlines
- Outstanding verbal and written communication skills
- Ability to work independently as well as collaboratively
- Adaptable
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