Policy Service Specialist I at The Standard – Portland, Oregon
About This Position
Remote, USA
Time Type: Full time
Requisition ID: REQ006250
Description:
The next part of your journey is right around the corner — with The Standard.
A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?
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.
We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented 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 medical, dental, vision and a 401(k) plan with matching company contributions
An annual incentive bonus plan
Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure
A supportive, responsive management approach and opportunities for career growth and advancement
Paid parental leave and adoption/surrogacy assistance
An employee giving program that double matches your donations to eligible nonprofits and schools
In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard.
Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.
The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.
Salary Range:
23.56 - 31.49Positions will be posted for at least 5 days from original posting date.
Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, 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. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. 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 The Standard's 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 and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.
About Us:
The Standard is a family of companies dedicated to helping its customers achieve financial well-being and peace of mind. In business since 1906, we’re a leading provider of group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on LinkedIn and Instagram.