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Operations Analyst (Insurance Administrator)
Bank of America Atlanta, GA
Full Time | Banking 7 Months Ago
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Bank of America is Hiring an Operations Analyst (Insurance Administrator) Near Atlanta, GA

Job Description:

Enterprise Role Description:

Responsible for the day-to-day analysis, research and resolution of varied problems. Functions include administering defined procedures for Insurance renewals, analysis and report generation, and exception processing. Coordinates the implementation of products/services and operational solutions. May assist in designing, documenting, implementing, and monitoring of new products/services. Provides guidance to associates within own unit regarding procedural, technical and/or operational changes. Incumbents have full working knowledge of operations environment acquired through experience in an operations environment and on the job training. Individuals typically have 2 to 4 years of experience.

Lob Job Description:

Responsible for data entry and processing related to all insurance renewals, system entry and correspondence in an accurate and timely manner for a high volume production department. Must accurately apply procedural knowledge and guidelines for appropriate handling of documents. Process all insurance related correspondence including necessary research and contact with customers and/or carriers, and provide documentation to support actions taken. Provide back up support to call center by handling calls during peak call volume. Various administrative duties (i.e. faxing, photocopying, imaging prep, etc.) and production tracking. Requires HS Diploma or equivalent and 3 - 5 years functional experience. Must have the ability to multitask with attention to detail and accuracy. Must be customer oriented with effective comprehension, listening, verbal and written communication skills. Must have the ability to work well in a high volume production environment and meet established goals. Must have the ability to work well with others and follow directions. 3 or more years of data entry experience or equivalent, preferably in an insurance environment.

Required Skills:

  • 1 years of insurance experience

  • Working knowledge of Word, Excel and Outlook

  • Advanced computer literacy, particularly Excel

  • Comfort utilizing multiple computer systems simultaneously to access data rapidly

  • Detail oriented and highly organized

  • Persistent when working on a difficult or complex problem

  • Analytical – able to learn a complex pattern and then identify inconsistencies

  • Willing to ask questions and learn on the job – self-starter

  • Able to cooperate and work well with others

  • Communicates confidently and professionally (both in writing and in speech) with peers, management, customers, and third parties

  • Consistently process volume with precision and time management

Desired Skills:

  • BS/BA degree

Shift:

1st shift (United States of America)

Hours Per Week: 

40

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

POST DATE

09/15/2022

EXPIRATION DATE

12/06/2022

WEBSITE

bankofamerica.com

HEADQUARTERS

FARMINGTON, NM

SIZE

>50,000

FOUNDED

1968

CEO

LINDA BOYCE

REVENUE

>$50B

INDUSTRY

Banking

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About Bank of America

Bank America is an insurance company based out of P.O. BOX 15292, Richmond, Virginia, United States.

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The following is the career advancement route for Operations Analyst (Insurance Administrator) positions, which can be used as a reference in future career path planning. As an Operations Analyst (Insurance Administrator), it can be promoted into senior positions as a HR Operations Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Operations Analyst (Insurance Administrator). You can explore the career advancement for an Operations Analyst (Insurance Administrator) below and select your interested title to get hiring information.

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If you are interested in becoming an Operations Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become an Operations Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Operations Analyst job description and responsibilities

During this research phase, operations analysts often forecast the results of multiple solutions before determining the most effective option.

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Operations analysts also focus on the granular daily operations of how a business runs.

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Operations analyst perform the following regular functions of their job which is managing sales data and analytics

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Sales operations analysts carry out quantitative analysis and explanation of relevant data and ongoing analysis of alternatives and solutions.

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The operations analyst’s job entails scheduling and managing this process.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Operations Analyst jobs

A career as an operations analyst requires dedication to continuing education.

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An outstanding operations analyst should be able to advise staff on all levels and develop new processes and workflows to enhance operations.

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The business operations analyst will often be required to possess and make use of the following skills, knowledge and abilities as a driving force to enhance productivity.

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Get familiar with the fundamentals.

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Pursue a professional certification.

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Step 3: View the best colleges and universities for Operations Analyst.

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