drjobs Business Operations Sr Manager Life Premium

Business Operations Sr Manager Life Premium

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Lake Forest - USA

Monthly Salary drjobs

$ 135000 - 155000

Vacancy

1 Vacancy

Job Description

The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have a profile with us you can log in to check status.

Need Help

If you have a disability and need assistance with the application you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries wont receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Provides leadership and manages the team responsible for administering the rapidly growing life premium finance business. Oversee the daytoday operations of the team. Mentor and coach teammates on: loan management system functionality operational compliance with policies and procedures and ensuring a consistent bestinclass client experience. Interact with external parties (e.g. banks and life insurance companies). Serve as a resource for other departments within the organization. Contribute to defining (a) loan management development needs from both internal and external user need perspective and (b) updates to policy and procedures based on changing organizational as well as regulatory and supervisory parameters. Active involvement in risk mitigation by monitoring system data integrity and completeness and accuracy of credit files.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.
1.Oversee processes for new business annual renewals/resets and maturities.
2.Manage and maintain up to date Policies Procedures and training manuals.
3.Oversee Letter of Credit exposure reports and ensure organized safekeeping of physical Letters ofCredit.
4.Prepare for and contribute to seamless month quarter and yearend closings withFinance/Accounting.
5.Maintain data reports on proportionate share debt allocations for multilife transactions.
6.Conduct training sessions individually and/or collectively.
7.Resolve customer service issues as they arise.
8.Participate in Territory portfolio meetings.
9.Propose enhancement to loan management system and operational processes and serve as the liaison for the business with the systems development team.
10.Conduct routine and regularly scheduled meetings with the team and at least semiannual inperson team meetings.
11.Ensure system data integrity by reviewing quotes and activated loan transactions.
12.Monitor and update as needed insurance company ratings.

QUALIFICATIONS
Required Qualifications:

The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1.Bachelors degree or equivalent work experience and related training
2.Ten years of premium finance experience with a broad background in all aspects of the business
3.Five years of management experience
4.Excellent verbal and written communication skills
5. Strong problem solving skills
6. Strong analytical skills
7. Ability to work autonomously within the guidelines established by the corporation to achieve revenue and profit goals
8. Demonstrate leadership qualities with ability to motivate internal teammates


Preferred Qualifications:

1. Effective negotiating skills
2. Knowledge or experience in project or process management

The annual base salary for this position is $135000 $155000.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical dental vision life insurance disability accidental death and dismemberment taxpreferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by fulltime or parttime status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any nontemporary position for which you apply based on fulltime or parttime status position and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the LawPay Transparency Nondiscrimination Provision EVerify


Required Experience:

Manager

Employment Type

Full-Time

About Company

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.