Analyst, PPLI

NewEdge Capital Group • New York City, NY

35d • $80,000 - $95,000

About The Position

The Private Placement Life Insurance Analyst at NewEdge is responsible for analyzing and evaluating insurance policies, programs, and data and providing recommendations to advisors and management. This role bridges complex data and business application and requires strong skills such as adaptability, problem-solving, collaboration, and organization for success in the role. Location: Stamford, CT or New York, NY

Requirements

• A Bachelor's degree in Finance, Economics, Statistics, Business Administration, or a related quantitative field is required.
• Prior experience in private placement life insurance is preferred.
• Strong analytical and critical-thinking skills are essential for dissecting complex data, identifying trends, and solving problems.
• Excellent written and verbal communication skills to clearly articulate complex findings and recommendations to diverse stakeholders.
• Meticulous attention to detail is crucial for reviewing policies and data to prevent errors and ensure compliance.
• May be required to obtain a relevant state insurance license within a specified timeframe.

Nice To Haves

• Professional certifications like Chartered Life Underwriter (CLU) is a plus.

Responsibilities

• Manage and maintain client files, policy records, and CRM data.
• Support producers and wealth advisors in aligning insurance solutions with broader financial, estate, and tax-planning strategies.
• Collect and analyze data on policyholders, policies, and premiums to identify trends and patterns.
• Assess potential risks associated with various insurance policies to determine appropriate coverage and premium rates.
• Prepare detailed reports, dashboards, and presentations on premiums and other key metrics for internal stakeholders and management.
• Review existing insurance policies and programs to identify gaps, ensure accuracy, and recommend enhancements or changes to improve effectiveness and compliance.
• Act as a communication bridge between the producer, insurance partners, and carrier home offices to ensure efficient case flow and accurate compensation tracking.
• Identify operational inefficiencies and assist in developing and implementing solutions to enhance productivity, accuracy, and automation.
• Provide support by addressing complex inquiries and explaining policies

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level