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Now Hiring - Federated Insurance Companies - Insurance Insurance Processing Specialist in Owatonna, MN

Insurance Insurance Processing Specialist in Owatonna, MN

Federated Insurance Companies
Base Salary $45K - $45K
Total Comp: NA
Quick Apply Save
Qualifications Years In Sales
Industry: Insurance

Benefits:

yes
Customer Size: all
Car Allowance: no
Sales Cycle: Short
Travel: none
Years Selling in Industry:
Education:
They Sell Insurance Carriers
To Whom Insurance

Location:

Owatonna, MN
4

Full description of the position

Who is Federated Insurance?:
At Federated Insurance, we do life-changing work, focused on our clients success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and were looking for employees who want to make a difference in others lives, all while enhancing their own.

Federateds culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect. We strive to create a work environment that embodies our values and commitment to diversity and inclusion. We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities. Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.
What Will You Do?:
As an Insurance Processing Specialist, you will review, evaluate and process new Life and Disability Income business transactions and will work closely with our Sales Representatives, Underwriters and insureds. We are seeking a team player with effective phone skills, strong attention to detail, and a flair for handling multiple tasks efficiently.
Additional Responsibilities:
  • Serve as the first point of contact for sale representatives regarding updates and pending policy change requests.
  • Review and evaluate new Life and Disability Income applications to ensure information is complete, accurate and that all criteria is met.
  • Own and analyze case information to identify appropriate action to keep the case moving and adapting quickly to changes.
  • Review underwriting information to determine if changes are needed before generating policy changes.
  • Calculate premiums and coordinate assembly of the policy documents for the Sales Representative to deliver to the client.
  • Provide back up support to other Life Insurance Specialists as needed.
Minimum Requirements:
  • High School diploma or GED
  • One year of general business environment experience demonstrating strong problem-solving, attention to detail and multi-tasking skills.
  • Excellent Microsoft Office skills including: Word, Excel, Outlook and PowerPoint.
  • Customer service phone skills and the ability to memorize/recall information quickly.
  • Ability to work with multiple computer applications, while demonstrating speed, accuracy, and a high attention to detail.
  • An unquestioned ability to retain confidential business and personnel information.
No insurance experience is required.
The starting pay for this position is $21.60 per hour.
What We Offer:
We offer a wide variety of ways to support you as a whole, both professionally and personally. Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives. Additionally, we offer exceptional benefits to nurture your personal life. We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings. To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching. Discover more about Federated and our comprehensive benefits package: Federated Benefits You.
Employment Practices:
All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1-B visa. Federated does not interview or hire students or recent graduates with J-1 or F-1 visas or similar temporary work authorization.

If California Resident, please review Federated's enhanced Privacy Policy.
Federated Insurance Companies
Company Size
1001 to 5000 Employees
Founded
1904
They Sell
Insurance Carriers
To Whom
Insurance
Website
http://www.federatedinsurance.com
Revenue
$1 to $5 billion (USD)

Federated Insurance Companies is currently hiring for 4 sales positions
Federated Insurance Companies has openings in: MN, & OR
The average salary at Federated Insurance Companies is:

4 Yes (amount not posted)

Federated Insurance Companies
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Federated Insurance Companies

Federated Insurance Companies is currently hiring for 4 sales positions
Federated Insurance Companies has openings in: MN, & OR
The average salary at Federated Insurance Companies is:

4 Yes (amount not posted)