Vice President of Life Policy Administration

2 weeks ago


West Des Moines, Iowa, United States EquiTrust Full time
Job Summary

The Vice President, Life Policy Administration is a senior leadership position responsible for leading and managing the Policy Administration team at EquiTrust. This role requires a strong leader who can oversee the front-end administration, including incoming mail distributions, fund receipt, and administrative treasury functions. The successful candidate will have a proven track record of managing teams, developing processes, and ensuring compliance with state and federal regulations.

Key Responsibilities
  • Lead a team of administration professionals in managing and directing policy administration practices, policies, and procedures.
  • Develop and implement processes to ensure new contracting is completed in the Licensing/Contracting area when received with new business.
  • Manage the Policy Issue, reissue, and exception functions.
  • Oversee technical operation and functionality development of systems for all administrative units.
  • Direct functions related to the implementation, maintenance, and change formats to the administrative system.
  • Collaborate with other EquiTrust leadership team members in the strategic planning process.
  • Develop and manage budgets, allocate resources, and control expenses.
  • Provide guidance for new technologies and methods within policyholder and agent services.
  • Oversee audits, related controls, and market conduct exams to ensure compliance with all state and federal codes and regulations.
Requirements
  • Minimum 12 years of extensive leadership experience within the insurance industry, with emphasis in Annuity & Life policy administration and agent services.
  • Minimum 7 years of experience in a leadership and supervisory role.
  • LOMA Designation preferred.
  • Bachelor's Degree required.
Working Conditions
  • On-Site Location: West Des Moines, Iowa.
  • Mostly off-site.
  • Business Travel: Occasional travel (5-10% of the time).


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