• Contract Specialist

    Location US-OR-Portland
    Posted Date 6 days ago(7/10/2018 5:48 PM)
    # Positions
    1
    Status
    Full-Time
    Req #
    17404
  • Overview

    If you want to make a positive difference and stand out from the crowd, you’ll fit in at The Standard (www.standard.com). Through our retirement plans and insurance products and services, we help people achieve financial well-being and peace of mind. Come join us and share our passion for serving our customers in a positively different way

     

    Evaluate requests, documentation and/or system input to create complete, accurate and legally defensible individual insurance contracts, amendments and contract related documents which accurately reflect the insurance risk and comply with the company’s underwriting and legal requirements and individual state specific requirements. Collaborate with IDI Underwriters and other support staff to ensure appropriate risk management.

    Responsibilities

    Create individual insurance contracts and related documents, based on individual insured eligibility as determined by underwriter that are complete, accurate and legally defensible. Acquire and maintain and in depth knowledge of individual state specific requirements and ensure contract  accuracy.  Review file documentation as needed to identify discrepancies in underwriter communication and approved risk. Pursue clarification and correction as needed. Policies must be created and shipped within specified turnaround time utilizing various computer programs and software.

     

    Review individual insurance applications for completeness, compliance with state and corporate requirements and valid producer contracting.  Enter personal and contract information into policy administration system verifying plan and policy features.  Determine and enter policy specific codes into system to ensure accurate actuarial data collection as appropriate.

     

    Provide 100% quality assurance review on each individual contract to ensure completeness and accuracy.  Act as subject matter expert to internal customers as relates to compliance and individual state contract requirements. 

     

    Maintain effective working relationships on contract related matters.  Communicate effectively with internal customers utilizing either verbal or written communication to resolve policy related issues.

     

    Perform Reissue from Start requests assuring accurate internal accounting, compensation impact and SOX requirements are followed.  Provide ongoing support to projects and other tasks as assigned.  Complete system testing for process and system improvements. 

    Qualifications

    1. Education: High school diploma, plus 1 to 2 years secondary education, and/or equivalent experience.
    2. Experience: Demonstrated ability to produce grammatically correct documents and ability to work with multiple or shifting priorities; Attention to detail and accuracy in a high production environment; PC skills and ability to type 45 WPM (assessment given); Ability to effectively communication with a variety of internal customers; Ability to apply policies and procedures to a variety of situations; Ability to make independent decisions in the absence of specific direction to mitigate risk.
    3. Professional certification required: N/A

     

    Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

     

    For more information regarding your Equal Employment Opportunity applicant rights, click  here.

     

    Individuals with disabilities who need assistance or accommodation with the application process should contact HR Direct at 971-321-7871.  This number is only for the use of individuals with disabilities who need accommodation with the application process.  General inquiries about application status will not be addressed.

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