Conservation Specialist

Southern Farm Bureau Life Insurance Company•Jackson, MS

3d•Onsite

About The Position

The Conservation Specialist is responsible for proactive and reactive efforts to retain existing business (prior to cancellation by surrender or lapse), thereby increasing persistency, company revenues, and customer satisfaction.

Requirements

Bachelor's degree or a combination of education and experience
Basic knowledge of Microsoft Word and Excel
Superior verbal and written communication skills
Excellent inter-personal skills
Strong organizational and analytical skills
Must effectively demonstrate the company’s core values.

Nice To Haves

Knowledge of the life insurance industry, SFBLIC products (since inception), and tax laws (as they pertain to SFBLIC products), preferred

Responsibilities

When cancellation requests are received, discuss options/alternate solutions with requester. Communicate any disadvantages of canceling business or advantages of retaining business. Work to increase the overall percentage of business conserved.
Assist agents in understanding and implementing conservation strategies.
Assist with lapse prevention efforts to prevent policies from lapsing in the future.
Research competitors' products offered to insureds. Produce inforce illustrations and proposals as needed to assist in retention of business.
Develop and maintain scripts and correspondence for conservation efforts.
Determine focal points throughout policy duration that determine the depth and quality of our future relationships with our customers.
Correspond (verbally and in writing) with policyowners, agents, banks, attorneys, and other insurance companies/financial institutions regarding cancellations and conservation efforts.
Comply with replacement regulations for each state, NAIC regulations, and any other applicable laws.
Review and revise strategies to conserve business. Create and implement new strategies as needed.

Benefits

Health Insurance: Comprehensive coverage for employees and their families.
Access to an onsite clinic, preventive care, and prescription drugs.
Mental health coverage and an Employee Assistance Program.
Active Lifestyle Rewards Program: Incentives for maintaining an active lifestyle.
Rewards for participating in fitness challenges and wellness activities.
Weight Management Programs: Customized weight management plans.
Support for achieving and maintaining a healthy weight.
Employee Engagement: Opportunities to connect with colleagues.
Fun teambuilding activities.
Annual events for employees and their families
Company Picnic, Thanksgiving lunch, Christmas Reception.
Family Fun Night
Onsite Cafe: Convenient access to nutritious meals.
Promoting healthy eating habits.
Learning & Development: Continuous learning opportunities.
Tuition reimbursement for further education.
Mentorship Programs: Pairing employees with mentors.
Professional growth and guidance.
Promotional Opportunities: Advancement within the company.
Career growth prospects.
Life Insurance and Company-Funded Pension: Financial security for employees and beneficiaries.
Retirement planning.
Volunteer Days: Paid time off for volunteering.
Contributing to the community.