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Oak Brook

    Licensing Specialist - Oak Brook, United States - Pan-American Life Insurance

    Pan-American Life Insurance
    Pan-American Life Insurance Oak Brook, United States

    1 week ago

    Default job background
    Full time
    Description

    Licensing Specialist - Insurance Industry

    Pan-American Life Insurance Company is looking to hire a Licensing Specialist to join our Contracts and Licensing team. Our Contracting & Licensing department staff are relied upon across the Company as subject matter experts in the area of agent licensing, contracts, appointments and commissions.

    The Licensing Specialist works under direct supervision of the Manager or Specialist II to facilitate the processing of agent licenses and contracting. Responsibilities include organizing, compiling data and submitting required information on a timely basis with various insurance departments. Processing incoming contract paperwork, verifying agent profile updates for Errors and Omissions Coverage, W9s and Anti Money Laundering courses. Researching and investigating return items in mail or reports generated from the administrative system.

    THE DAY TO DAY:

  • Review and prepare incoming contracts for input into the electronic work stream.
  • Contact agents for missing documents.
  • Follow required departmental checklists and workflow items.
  • Process a high volume of work within established accuracy and time goals.
  • Review and analyze error notices on new policy applications.
  • Notify agents of required licensing, Errors and Omissions coverage, and Anti-Money Laundering training.
  • Advise internal New Business team of actions to take to resolve error messages.
  • Manage and handle all agent administration responsibilities to completion.
  • Process agent License and Appointments by performing necessary transactions to process state licensing, including payment of fees to state insurance.
  • Complete agent terminations by sending letters and terminating agent record and state appointments in all required systems.
  • Communicate with agents, field force, state insurance departments and vendors via telephone or email.
  • Collaborate with internal departments to carry out tasks.
  • Prepare reports for management and agents.
  • YOUR PROFILE:

  • High School diploma
  • 2 years work within the insurance industry
  • Experience with computer applications including the Microsoft Office Suite
  • Knowledge of the principles and processes for providing excellent customer service
  • Understands documents and applies the information to work situations
  • Conveys ideas and facts concisely and accurately in writing and uses language tailored to audience
  • Time management skills
  • Attention to detail
  • OUR PROFILE:

    Everything we do is driven by our goal of maintaining long-term growth, strength and stability to offer our customers financial security and peace of mind. We are a leader in the personal life insurance industry with a primary focus on participating whole life products. We are proud of our 117 years in business, our strong company values, our commitment to long-term relationships, and our AM Best rating of Excellent, and our Fitch rating of A. These ratings are a testament to our stability and strong leadership. We are a member of the Pan American Life Insurance Group, an equally strong and long-standing insurance company.

    We offer competitive compensation, comprehensive employee benefits, and opportunities for career development and advancement. We invest in our employees, cultivating a results-oriented work environment that is based on respect and accountability, and we reward high performance. In addition to market competitive salary and benefits, we offer:

  • Work-life balance
  • Flexible Work Assignments and time off plans
  • Professional development, tuition reimbursement and industry education
  • Friendly and collaborative environment
  • Fun opportunities to engage with teammates
  • 401(k) with generous Company match
  • HSA and Flexible spending accounts
  • Life and disability insurance
  • Work Arrangement: This position has the opportunity to work a blended schedule. A blended work arrangement allows employees to create a set schedule where specific days are worked in the office and the others are worked from home. The work hours for this position are M-F, either 8:00am to 4:30pm or 8:30am to 5:00pm with a 30-minute lunch break.

    We are excited about the opportunity to add a new team member to our organization and we look forward to meeting the person who will bring experience, fresh ideas and a positive energy to this role . If that is you, please apply at .



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