Claims & Annuity Sr Spec - Remote

** Open to remote**

Series 6 FINRA License - REQUIRED

About the job:

The Life Claims & Annuity Sr. Specialist is responsible for assessing and making decisions on variable/portfolio death claims, death under income plan, variable/fixed annuity, and Northwestern Access Fund accounts. This role involves partnering with the contestable team on variable contestable claims. Ensuring compliance with a $2M signature authority limit involves analyzing various documents such as death certificates, claim forms, and legal documentation.

Additionally, the specialist conducts routine reviews of claims by contract language and state laws.

What You’ll Do:

Decision Making and Claims Review

• Make fair, accurate, and timely decisions on variable/portfolio death claims, death under Income plans, variable/fixed annuities, and Northwestern Mutual Access Fund accounts. Maintaining compliance with a $2M signature authority limit.

• Examine claim information obtained, including beneficiary data, policy values, policy status, and analyze information received during the claim review process, such as death certificates, claim forms, assignment forms, divorce decrees, and estate and trust documentation.

• Research and evaluate solutions to arising situations and resolve concerns as needed. Deviate from procedures to handle unique situations effectively.

• Exhibit empathy, professionalism, and tact in all interactions, especially when handling sensitive or contentious claims.

• Provide exceptional customer service to policyholders, beneficiaries, and financial advisers, addressing their questions and concerns throughout the claims process.

• Communicate claims decisions to beneficiaries and other parties clearly and sensitively, providing detailed explanations and supporting documentation as needed.

• Manage phone and transactional responsibilities while demonstrating a strong commitment to confidentiality.

• Maintain organization, accuracy, and timeliness in individual case management systems; capture and document claim-related information accurately and/or refer tasks as appropriate.

• Maintain production and claim quality standards to ensure efficiency and accuracy.

Continuous Improvement and Innovation

• Participate in continuous improvement initiatives to enhance claims handling processes, reduce turnaround times, and improve accuracy.

• Assist with special projects and initiatives as needed to support the business.

• Embrace new technology and serve as an advocate by educating beneficiaries and field representatives.

• Support digital savvy capabilities in self and others and adapt to changing environments and new situations effectively and positively.

What You’ll Bring to the Role:

• Bachelor’s degree or an equivalent combination of education and progressively responsible work experience.

• A Series 6 FINRA License is required.

• Previous experience in claims, income plan, or annuity preferred.

• High degree of accuracy in handling detailed technical work.

• Self-motivated with proven responsibility for work results and group goals.

• Technically savvy with the ability to toggle between multiple applications and computer monitors simultaneously.

• Strong organizational skills, able to independently prioritize to meet deadlines.

• Exhibits empathy and strong client focus, with excellent customer service skills.

• Excellent communication skills (both verbal and written) to include the proven ability to negotiate.

• Leadership and decision-making skills, to include the abilities to evaluate/identify, diagnose, and implement decisions/solutions to questions/problems within the scope of the job.

• Ability to analyze complex information and ask thoughtful questions.

Skills You have:

• Adaptive Communication: Formulates strategies to be used to convey complex information about services, products, systems, or processes to targeted audiences; communicates and liaises between technical and non-technical audiences.

• Analytical Thinking:
  Organizes and compares various aspects of a situation to comprehend and identify key or underlying complex issues through the use of quantitative data and…