What are the responsibilities and job description for the Insurance Operations Associate position at Lead Advisor?
Description
Our Client, a leading wealth management firm, is seeking an Insurance Operations Specialist to support our insurance operations. This role is essential for maintaining the operational backbone of our insurance processes, ensuring efficiency, accuracy, compliance, and exceptional customer service. The ideal candidate will have a strong understanding of insurance products.
This opportunity offers hands-on experience and growth within the company. Our Client is dedicated to adopting new technologies and processes to deliver an outstanding client experience with superior outcomes. We have offices in Skokie and McHenry, IL, and offer a flexible hybrid schedule.
Our Values
· Do the Right Thing… Always
· Innovative in Our Approach
· Exceptional Service
· Respectful to All
· Always be Growing
Primary Duties
· Insurance Operations
· Guide clients through the underwriting process for life, disability, long-term care, and annuities.
· Provide support for servicing insurance products.
· Manage policy changes and service requests, including premium payments, handling late payments, processing loans, and updating beneficiaries or titles.
· Prepare insurance illustrations for both new and existing policies.
· Assist in processing disability, long-term care, and death claims.
· Collaborate with the investment and planning teams on insurance services when needed.
· Requirements/Licensing
· Extremely detail-oriented and organized, with the ability to manage multiple tasks effectively.
· Team-oriented and collaborative.
· Growth-minded individual, with a proactive approach to learning and professional development.
· Strong oral and written communication skills for clear client and team interactions.
· Familiarity with Microsoft Office Suite (Outlook, Excel, OneNote, Word)
· Existing Life and Health insurance licenses preferred. If not licensed, expected to be licensed within the first 90 days of employment (company support provided for licensing preparation and exams).
Job Type: Full-time
Benefits:
- 401(k)
- Work from home
Work Location: Hybrid remote in Skokie, IL