Executive Benefits Program Specialist

TruStage•Madison, WI

6d•Remote

About The Position

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future. Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition This position is responsible for supporting the Executive Benefits team by providing sales support, product and participant installation services for insurance, securities, and annuities including new non-qualified deferred compensation, Total Benefit Prefunding, and Charitable Donation Accounts. This position coordinates with the Executive Benefits teams to gather information, assist in the analysis of client needs, and assist in the design of complex cases using advanced concepts. This role is also responsible to generate and customize product illustrations for new and in-force business using specialized illustration software and customized modeling tools.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or related field
FINRA Securities Industry Essentials Examination, Series 6 or 7, 63 and investment Advisor Registration (Series 65 or 66), Life, Health and Variable Insurance licenses or ability to obtain within 90 days
3+ years of relevant experience
Life insurance experience, with illustration software experience preferred
Foundational knowledge of Executive Benefit Plans including Nonqualified Deferred Compensation, Split Dollar, and Total Benefits Pre-funding
Strong analytical and problem-solving skills
Ability to build effective relationships
Ability to clearly communicate both verbally and in writing
Ability to travel up to 10% depending on business need

Nice To Haves

Life insurance experience, with illustration software experience preferred

Responsibilities

Work in collaboration with the Executive Benefits team members and carriers to provide coordinated support in fulfilling new business responsibilities to credit unions, participants, and field reps
Maintain contact with these groups to share information, learn their needs and expectations, resolve issues and build effective working relationships
Accountable to take and submit for processing new applications for life insurance, and annuity products sold through our sales distribution channels
Participate in identification of process improvement opportunities and recommendations
Produce and transmit accurate illustrations
Completes tasks, analyses, and processes related to the following:
Gathering and analyzing and reporting investment data
Maintaining accuracy and integrity of various applications, systems, and modeling tools
Reconciling information from various sources
Modeling various scenarios for customers
Producing ad-hoc reports
Understands all aspects of approved carrier’s illustration software
Understands all aspects of approved carrier’s concepts and products
Provide product and concept support/options to external customer for basic case design
Under the direction of leadership, develop and maintain relationships with external product partners