Insurance Operations Internship

17 hours ago

Saint Paul, United States Valmark Financial Group Full time

Join Our TeamAt Valmark, people are the most critical component of our long-term success and fittingly the number one reason why our employees say they love working here. Employees encourage each other to succeed and have a true desire to help our advisors and clients, defining the Golden Rule that is the very essence of our culture. We also invest in our people and challenge them to reach new goals with professional development opportunities, while allowing the flexibility of a work-life balance. Our entrepreneurial spirit fosters new ideas and ways of thinking that makes working here interesting and exciting while our management team is collaborative and transparent with a clear vision for long-term success. These things combined have made Valmark a place to find a rewarding and fulfilling career and earned us the distinction of 2022, 2021, and 2020’s Top Workplaces in Northeast OhioJob Summary:The Insurance Operations Intern will support the Life Insurance New Business and Underwriting teams out of Valmark’s St. Paul, MN office. The intern will provide administrative support to the New Business team by way of setting up and reviewing new life insurance applications, and will be responsible for data management, communication with insurance companies, and other operational tasks. The intern will own various internal projects which will lead to increased exposure and knowledge across all Valmark’s business lines and within the entire financial services industry. Above all, the position will help assist all Valmark staff to deliver world class customer service by acting as an advocate on behalf of Valmark’s Member Offices and their clients.Essential Functions and Responsibilities:Application Setup and Review:Accurately enter new business into Valmark's proprietary systems so the New Business Team can begin their processReview paperwork for errors or omissions that will need to be addressed during processingNote any red flag items that will need to be discussed with the New Business Specialist or Underwriting team to advocate for the client Underwriting:Order necessary items on clients including doctor records, prescription reports, motor vehicle records, electronic inspection reports, and paramedical examsShop client files to a variety of insurance companies for informal reviewRecord informal offers for underwriting review and recommendations Project Work:Brainstorm ideas to improve the efficiency and effectiveness of the New Business TeamWork with manager to develop project plan from start to finishExecute project plan and present updates to the teamRelated Qualities:Our ideal candidate has the following qualities:Curiosity and eagerness to learnOpenness to constructive feedbackProblem solving skillsCreative thinkingDetail-oriented focusOptimistic and positive attitudeStrong communication skillsRelationship building skillsRequirements:Must be currently enrolled in college seeking a degree.

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