Policy Service Specialist I

The Standard

1d • $24 - $31

About The Position

The next part of your journey is right around the corner — with The Standard. A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference? Job Summary These positions perform various billing functions such as creating initial billing set up for basic to complex policy plans. Establishing customized new group and system records. Work in conjunction with Implementation and Underwriting and Contracts to implement sold cases in a timely and accurate manner. Additionally, they are responsible for ongoing changes to the bills based on amendments to the policy and renewals. The difference in the levels is based on increasing complexity of the work and required skills.

Requirements

• 1 to 2 years equivalent experience in the insurance industry
• Associate’s degree in business or related field.
• Has developed breadth and/or depth of skills in a range of processes, procedures and systems.
• Learns to use standard strategies and professional concepts of accurate contract generation.
• Demonstrated ability to produce grammatically correct documents and ability to work with multiple or shifting priorities.
• Aptitude for Microsoft Office Suite; developed knowledge of Microsoft Excel preferred.
• Evaluate requests and documentation for system input to generate insurance billing documents.
• Works on problems of routine to moderate complexity, scope and/or nature.
• Takes ownership of routine work and operates with little guidance after period of initial training.
• Evaluates and communicates technical content in a clear manner.
• In the scope of the role, provides factual, technical, or function/group-related information with high sensitivity and discretion.
• Foster strong working partnerships with Underwriting, Contracts, Premiums and Field Personnel.

Responsibilities

• Modify and change the billing systems based on amendments and renewals.
• Initiate and implement policy amendments, work with customer service partners to communicate administrative changes to policyholder and field force; prepare updated, revised billing statements; determine effective dates; billing modes and policy acceptance requirements in order to update system records to reflect changes in coverage.
• Identify and recommend alternative administration options, negotiate exceptions to established procedures, Research, evaluate and resolve policyholder and field force requests.
• Participate in installation calls as necessary.
• Identify and recommend process and workflow improvements.
• Work on special projects as needed.
• Provide superior customer service and directly contribute to a positive customer experience.
• Responsible for adherence to established financial controls.
• Proactively communicate sensitive policy information and service options in a clear and effective manner to policyholders, producers, third party administrators (TPAs), field force and home office staff on contractual provisions, regulations and other related policy information.
• This position works with the baseline complexity billing and policy plans, interprets prior plans and customer expectations into serviceable billing documents and billing plan designs.
• Primary focus is on Standard Select (under 10 lives), Regional Account non-voluntary, and Mid-Market (1000-2500 lives) groups.

Benefits

• A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions
• An annual incentive bonus plan
• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure
• A supportive, responsive management approach and opportunities for career growth and advancement
• Paid parental leave and adoption/surrogacy assistance
• An employee giving program that double matches your donations to eligible nonprofits and schools

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree
• Number of Employees: 1,001-5,000 employees