Policy Processing Clerk, Sr. modifies, updates, and processes existing policies and claims to reflect any change in beneficiary, amount of coverage, or type of insurance. Evaluates information from application for completeness, accuracy, and policy reinstatement. Being a Policy Processing Clerk, Sr. provides training to less experienced processing clerks. May approve policy if it meets standard criteria. Additionally, Policy Processing Clerk, Sr. requires a high school diploma or equivalent. Typically reports to a supervisor. The Policy Processing Clerk, Sr. works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Policy Processing Clerk, Sr. typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Company:
Client is a Life & Annuity carrier, which is a mid-size, investment fund backed company that is fast-growing but established. The company is led by a CEO and a team with extensive experience in private equity, insurance, investment banking, and the Big 4, and is well-respected in the life & annuity space. Their mission is to provide risk management solutions for their clients, who are primarily other insurance carriers looking to transition in force life and annuity blocks of business. While the company does write some live risk, the majority of their business involves buying in force blocks of business.
Scope:
The role of Assistant Vice President (AVP) – Accounting Policy has been newly established to bolster the organization's ongoing growth and navigate increased complexity during the Company's finance function transformation for sustained expansion. In this capacity, the AVP – Accounting Policy will serve as the primary authority for technical accounting research, offering insights into the interpretation and application of existing and impending accounting guidance. This pivotal leadership position within the finance department involves providing crucial support to the Corporate Controller in ensuring adherence to mandated accounting standards. Responsibilities encompass overseeing compliance with technical accounting matters, addressing queries, guiding new transactions and projects, and facilitating the integration of emerging accounting standards. Additionally, the AVP – Accounting Policy will contribute to the preparation and evaluation of diverse US GAAP and Statutory financial statements, while also actively participating in maintaining compliance with internal controls stipulated by Sarbanes-Oxley.
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0 Policy Processing Clerk, Sr. jobs found in Stamford, CT area