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Sr Application Processor

3 weeks ago


Franklin, United States Northwestern Mutual Full time

SummaryBelow, you will find a complete breakdown of everything required of potential candidates, as well as how to apply Good luck.As a Senior Application Processor, you will work as part of a team responsible for consulting, communicating and corresponding on issues related to the input of life insurance application data, including auditing applications and data input, for the purpose of establishing computer records for underwriting and other required purposes. You will troubleshoot and resolve complex application issues, whether technical/system or application-related, identifying errors and determining appropriate corrective action. As appropriate, you will handle analytical and technical review of sensitive/confidential cases referred by Application Processors and others, as appropriate. You have a commitment to staying up-to-date on company guidelines to better enable yourself to effectively analyze and respond to exceptions and unusual situations. Above all, you demand excellence of yourself; you handle tasks with the highest possible degree of accuracy and discretion.Primary Duties and ResponsibilitiesThe Sr. Processor is responsible for all the duties outlined in the lower level position with additional responsibilities for the job tasks involving more in-depth analytical and technical review of sensitive cases referred by Processors as well as LUCs, and other workgroups in TC/TUP. The Sr. Processor is accountable for accurate and timely completion of all Home Office and Field Office input work types. The incumbent is also responsible for inputting the confidential applications for HO employees and VIP cases. The employee must be familiar with company guidelines and unusual situations to analyze the in-force term contract. The Sr. Processor initiates appropriate resolution or referral to the underwriter/coordinator upon same day completion of H.O. input.Accurate Home Office input is an integral part of establishing permanent client data records which impacts premium billing, premium refunds, corporate planning and New Business analysis. The employee completes Field Office input of applications that are submitted as part of the Centralized Application Input program and those that cannot be done by the field staff or need to be reprocessed as required for cases with system limitations, new products, and/or department and training test cases. The Sr. Processor must inspect, analyze, and check for completeness and discrepancies and makes appropriate E-Referrals (notes) to the underwriter within department guidelines and standards. The Sr. Processor also serves as a resource for Field Office Input Coordinator for questions and provides recommendations for case completion. The incumbent also serves as the contact resource for cases that need special handling such as, JCL, Manual Splits and Premium Waiver Splits. The Sr. Processor is responsible to troubleshoot and resolve complex App Input issues whether system or application related. The Sr. Processor demonstrates analytical and technical skills by:Identifying errors, determining the appropriate corrective action to takeReviewing and correcting insurance rejects on the data base" Adding/Removing applications from exiting and new ISAInputting the detailed changes and communicate them to the underwriter or TC Coordinator.Identifying and referring specific fields which require underwriter attentionActivating new Insurance Service Accounts (ISA)Documenting necessary case notes for proper handling of appMaintaining performance levels within the standards set for quality and other metrics.The Sr. Processor is responsible to provide customer-focused service to internal and external customers by:Fostering a positive work team environmentParticipating in divisional or department committeesProviding service through interpersonal, verbal and written communicationProviding training support to the Network Offices upon requestServing as an App Input resource to the Field as the primary contact for the New Business Call CenterSupporting and participating in divisional PACE objectivesDistributing exception cases and FOI to all App ProcessorsIndependently resolves problems with applications submitted Not in Good Order (NIGO)Training and supporting new team members as neededQualificationsSuccessful completion of any required testing. Demonstrated ability to handle fast-paced, high volume work with high degree of accuracy.Ability to interact tactfully and positively with the Field Force and Home Office personnel.Keyboarding skills required.Demonstrated ability to complete assignments with minimal direction and to handle details accurately.This position has been classified as an Associated Person under NMIS guidelines and requires fingerprinting and completion of required form.Non-Registered Fingerprinted - FINRACompensation Range:Pay Range - Start:$18.37Pay Range - End:$27.55Geographic Specific Pay Structure:Structure 110:Structure 115:We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started nowNorthwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.SkillsInformation Gathering (NM) - Intermediate, Underwriting Practices (NM) - Intermediate, Problem Management (NM) - Intermediate, Regulatory Compliance & Suitability Analysis (NM) - Intermediate, Insurance Contract Management (NM) - Intermediate, Insurance Acumen (NM) - Intermediate, Dispute Resolution (NM) - Intermediate, Application Processing (NM) - Intermediate, Customer Centricity (NM) - Intermediate, Analytical Thinking (NM) - Intermediate, Field Relations (NM) - Intermediate, Adaptive Communication (NM) - Intermediate, Learning Agility & Critical Thinking (NM) - Intermediate, Decision Making (NM) - Intermediate, Attention to Detail (NM) - Intermediate, Insurance Products (NM) - Intermediate, Change Adaptability (NM) - Intermediate, Customer Support (NM) - Intermediate, Data Application (NM) - BeginnerFIND YOUR FUTUREWe’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging. xibtplm Flexible work schedulesConcierge serviceComprehensive benefitsEmployee resource groupsPandoLogic. Keywords: Underwriter, Location: Franklin, WI - 53132