Insurance Associate Job Description
Insurance Associate Duties & Responsibilities
To write an effective insurance associate job description, begin by listing detailed duties, responsibilities and expectations. We have included insurance associate job description templates that you can modify and use.
Sample responsibilities for this position include:
Insurance Associate Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Insurance Associate
List any licenses or certifications required by the position: CPA, CE, PM, CPCU, ARM, BOC
Education for Insurance Associate
Typically a job would require a certain level of education.
Employers hiring for the insurance associate job most commonly would prefer for their future employee to have a relevant degree such as High School and Bachelor's Degree in Accounting, Education, Business, Finance, Associates, Business/Administration, English, Technical, Economics, Management
Skills for Insurance Associate
Desired skills for insurance associate include:
Desired experience for insurance associate includes:
Insurance Associate Examples
Insurance Associate Job Description
- Conducting analytical reviews with management teams of rated issuers and making written and oral presentations to rating committees,including rating recommendations
- Develop an understanding of the client's business, and become an Insurance industry specialist to understand client specific needs
- Provide support to Sales Representatives as needed
- Provide mortality study analysis and recommendations to the Director, Actuarial Services on new business opportunities
- 3 to 5 years of pension and/or life insurance experience in either a pricing, product development or valuation role
- Solid technical and analytical skills with strong problem solving ability
- Ability to work effectively independently and as part of a virtual team
- Knowledge of the UK Longevity Insurance market is a definite asset
- Work with Safety Managers on major incidents
- Responsible for processing Medicare Advantage and Prescription Drug Plan (MA/MAPD/PDP) enrollment applications and member maintenance requests using ikaMedicareGateway
- Deep knowledge of different aspects of the Indian banking Industry including market structure, key business drivers, competitive landscape, current trends, regulatory environment, key innovations in the market place
- Ability to work independently, lead large small engagements
- BA/BS in Accounting from an accredited school required
- 2-6 years of experience in public accounting - National or Large Regional Firm preferred
- Thorough knowledge of the tax process and preparation required
- Strong technical knowledge in general corporate taxation including tax provision preparation and analysis required
Insurance Associate Job Description
- Make outbound calls to potential members to clarify missing or incomplete information
- Utilize Center for Medicare and Medicaid’s (CMS) MARx system to verify eligibility and research beneficiary demographics
- Key membership elections and enrollment applications into ikaMedicareGateway system
- Update demographics and other membership information from paper correspondence and telephone call documentation
- Make outbound calls to health plan members to clarify missing or incomplete information
- Research incomplete and missing information by utilizing several internal systems such as PRISM, MARx, ikaMedicareGateway and Content Manager
- Update member demographics and track members through the Out of Area Process
- Identify complex or out of compliance cases for escalation
- Perform quality check of pending membership correspondence for completeness and accuracy
- Other duties related to membership as assigned
- Demonstrated proficiency with electronic tax research tools such as RIA and CCH, and MS Office applications such as MS Word, MS Excel, MS Outlook, and MS PowerPoint preferred
- External audit experience preferred
- 2 to 6 years of professional level accounting experience required
- CPA license in good standing is preferred
- Ability to travel to client site for engagements required
- University degree or work equivalency
Insurance Associate Job Description
- Data compilation and verification
- Fact finding and information gathering for solutions
- Provides subject matter expertise to internal and external parties with respect to several insurance coverages including
- Drafting pleadings and briefs
- Preparing correspondence to colleagues and clients
- Analyzing insurance policies, drafting coverage opinions and providing coverage recommendations for clients
- Conducting legal research using Westlaw/Lexis/Nexis
- Drafting interrogatories and document demands
- Reviewing document collections in preparation for litigation
- Attending depositions, hearings, and mediations as required
- Understanding of audit services with knowledge of GAAP
- Perform substantive testing and analytical review procedures documentation of internal control systems
- 0-3 years of customer service experience, data entry experience or working in an office environment
- Three (3) or more years of experience in finance, accounting and/or professional client services role
- Strong analytical and basic research skills related to the retrieval and organization of high volumes of information, especially financial data
- Solid organizational skills especially ability to meet project deadlines
Insurance Associate Job Description
- Report environmental claims as appropriate
- Verify renewal invoices and additional and return premiums due to policy adjustments
- Promptly respond to internal and external clients’ inquiries pertaining to coverage, claims issues, in a professional and polite manner
- Good writing skills to be used in preparation of routine correspondence, memos, letters, and emails
- Serve as the day-to-day contact person for a portfolio of clients operating within the Insurance sector
- Manage client work flow through proactive communication with client personnel, appropriate delegation to staff, and proper planning with senior managers and partners
- Review and complete tax working papers for income tax compliance and tax provision engagements
- Ensure tax engagements have been performed in accordance with Firm and professional standards, and within the scope of the engagement letter
- Research client and industry specific tax topics
- Identify and implement tax planning opportunities that emerge from compliance engagements
- Should know function of all the process in Conifer
- Should be flexible to work in any shift
- Understands team objectives and service requirements -Supports team to achieve goals
- Monitor and review of daily OFAC to comply with U.S. Treasury Department’s prohibition against doing business with Specially Designated Nationals
- Review of legal documents referred by other departments and perform various policy searches
- Investigates, researches and responds to complaints from consumers, state insurance department and other legal entities
Insurance Associate Job Description
- Assist senior management of the practice in due diligence efforts and client pursuits
- Exhibit a high degree of accuracy and attention to detail in all documentation and correspondence
- Accurately process insurance accounting transactions, which may include, processing inbound receipts relating to premium and loss recoveries and outbound payments for reinsurance and claims settlements
- Participate in Accounts Receivable projects
- Support multiple external sales professionals with prospect research, solutions development, sales management, and ongoing client support
- Responsible for executing against sales ideas & campaigns
- Key contributor to collaboration opportunities across channels and geographies
- Initiate outbound marketing phone calls and emails to prospects/consultants to schedule meetings, represent and provide information on firm strategies, gather market intelligence and initiate the next step of the sales process
- Assist employees and managers with questions and issues relating to Workers' Compensation claims
- Maintain the Claims database, which includes claims for various insurance lines
- Insurance replacement/claims/Body shop related work experience is a plus
- An interest / understanding of thefinancial
- Work directly with agents to satisfy requirements for the client’s Life New business and/or Policy Holder team
- Position can involve work with both new business and policyholder services (PHS) items
- This position will involve an estimated mix of roughly 80% processing oriented actions and 20% phone oriented actions
- Follow up on outstanding requirements via numerous methods (phone, email, mail, fax)