Policy Service Specialist I

At The Standard, you’ll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.
 
Ready to reach your highest potential? Let’s work together.

Job Summary

These positions perform various billing functions such as creating initial billing set up for basic to complex policy plans.  Establishing customized new group and system records. Work in conjunction with Implementation and Underwriting and Contracts to implement sold cases in a timely and accurate manner. Additionally, they are responsible for ongoing changes to the bills based on amendments to the policy and renewals. The difference in the levels is based on increasing complexity of the work and required skills.

Principal Duties & Responsibilities:

• Risk Decisions:

  • Modify and change the billing systems based on amendments and renewals. 

  • Initiate and implement policy amendments, work with customer service partners to communicate administrative changes to policyholder and field force; prepare updated, revised billing statements; determine effective dates; billing modes and policy acceptance requirements in order to update system records to reflect changes in coverage.

  • Identify and recommend alternative administration options, negotiate exceptions to established procedures, Research, evaluate and resolve policyholder and field force requests.

  • Participate in installation calls as necessary. Identify and recommend process and workflow improvements.

  • Work on special projects as needed.

• Customer Service:

  • Provide superior customer service and directly contribute to a positive customer experience.

  • Responsible for adherence to established financial controls.

  • Proactively communicate sensitive policy information and service options in a clear and effective manner to policyholders, producers, third party administrators (TPAs), field force and home office staff on contractual provisions, regulations and other related policy information.

• This position works with the baseline complexity billing and policy plans, interprets prior plans and customer expectations into serviceable billing documents and billing plan designs. Primary focus is on Standard Select (under 10 lives), Regional Account non-voluntary, and Mid-Market (1000-2500 lives) groups.

Skills and Background You’ll Need

• Experience:  1 to 2 years equivalent experience in the insurance industry

• Education:  Associate’s degree in business or related field.

Key Behaviors of a Successful Candidate

• Knowledge & Skills:  Has developed breadth and/or depth of skills in a range of processes, procedures and systems.

  • Learns to use standard strategies and professional concepts of accurate contract generation. Demonstrated ability to produce grammatically correct documents and ability to work with multiple or shifting priorities. 

  • Aptitude for Microsoft Office Suite; developed knowledge of Microsoft Excel preferred.

• Job Complexity & Judgment:  Evaluate requests and documentation for system input to generate insurance billing documents. 

  • Works on problems of routine to moderate complexity, scope and/or nature.

• Independence & Supv required:  Takes ownership of routine work and operates with little guidance after period of initial training.

• Interaction & Influence:  Evaluates and communicates technical content in a clear manner.

  • In the scope of the role, provides factual, technical, or function/group-related information with high sensitivity and discretion.

  • Foster strong working partnerships with Underwriting, Contracts, Premiums and Field Personnel.

Why Join the Standard?

We have built an enduring legacy of stability, innovation and financial strength thanks to the contributions of the talented, creative and compassionate people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• A rich benefits package including a 401(k) plan with matching company contributions

• An annual incentive bonus plan 

• Generous paid time off

• A supportive and responsive management approach

• Opportunities for career growth and advancement  

• Paid time off to volunteer 

• An employee giving program that double matches your donations to eligible nonprofits and schools

• Much more!

#LI-REMOTE

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.

Salary Range:

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 identity, 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, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.