Ascensus, through its Newport company, provides comprehensive retirement plans and consulting services to help employers secure a financial future for their associates. The New Business Analyst role involves managing nonqualified benefit plans and working with various stakeholders to facilitate the insurance implementation process effectively.
Responsibilities:
- Develop and maintain strong professional relationship with carrier contacts
- Solve routine problems independently
- Negotiate with insurance carriers on substandard cases or declines to resolve problems and issues to facilitate a favorable outcome for client
- Determine correct consent forms, carrier master or individual applications, carrier supplemental forms and other miscellaneous forms and age requirements based on the case parameters
- Responsible for managing multiple cases while simultaneously meeting deadlines
- Communicate case requirements/processes to internal and external stakeholders and maintain efficient processes and procedures required to meet client expectations
- Proactively communicate status updates and manage project for successful client implementation of insurance
- Review the efficiency of the new business placement process and proactively make suggestions to enhance efficiencies
Requirements:
- A bachelor's degree in a business-related field (OR a combination of education and industry experience)
- Experience in a project management, account / relationship management, or other similar job role requiring management of tasks and deliverables
- Solid written and oral communication skills
- Proficiency using Excel, Word, Outlook, and Adobe
- Strong analytical, problem solving, and organizational skills
- A track record of consistently meeting and/or exceeding performance expectations
- The ability to work under pressure in a fast-paced environment
- Excellent organizational skills and the ability to process and retain large volumes of information
- Experience with case implementation, life underwriting, life insurance or project management
- The ability to read and locate information on financial statements and insurance illustrations