What You'll DoAs an Associate Executive Benefits Administrator you’ll assist in the design consultation, issue process and administration of non-qualified plans funded by life insurance policies in the business market while promoting the importance of a properly executed plan design.
Provide administration on non-qualified plans sold in the business market. Assist in keeping the plan on track to meet the designed solutions.
Serve as focal point of contact to producers and customers for questions on non-qualified plan administration and plan design. Work to negotiate solutions to meet customer needs.
Maintain complete and accurate participant records and program files.
Provide guidance to less experienced employees.
Participate in team projects. This would include development and implementation of necessary administrate procedures and systems, designing reports and letter, and systems testing.
Build strong product knowledge and develop strong working knowledge of non-qualified plans, business marketing strategies, and illustration systems.
Who You Are
College degree or equivalent plus 3+ years related work experience.
Solid understanding of sales and marketing, policy issue, policy administration, contractual language and provisions, processes and practices, customer service delivery strategies.
General knowledge of non-qualified plans sold in the business market.
Exhibit the ability to prioritize work and maintain service standards in the face of peak times, heavy workloads, and frequent interruptions.
Exhibit quick and good judgment, excellent interpersonal skills, and accurate and detailed communication.
Able to multi-task in a fast paced environment with high accuracy and within acceptable turnaround times.
FINRA Series 6 License(s) or ability to obtain within 6 months required. Must meet firm standards for registration within applicable jurisdictions.
Due to the responsibilities of this role, candidate will be subject to a credit review.
You’ll be required to become a non-registered fingerprint person of (insert broker/dealer).
Skills That Will Help You Stand Out
Completion of FLMI or participation in CLU, ChFC is a plus but not required.
Salary Range InformationSalary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.Salary Range (Non-Exempt expressed as hourly; Exempt expressed as yearly)$20.84 - $39.81 / hourTime Off ProgramPersonal Time Off (PTO) is provided to hourly (non-exempt) employees and provides a set amount of accrued time earned each pay period. Employees can use their PTO for vacation, personal or short-term illness.Additional InformationWho We AreOperating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!Work EnvironmentsThis role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA, or Charlotte, NC). You’ll work with your leader to figure out which option may align best based on several factors.Work Authorization/SponsorshipAt this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.Nonimmigrant Workers (https://www.uscis.gov/working-in-the-united-states/temporary-nonimmigrant-workers) and Green Card for Employment-Based Immigrants (https://www.uscis.gov/green-card/green-card-eligibility/green-card-for-employment-based-immigrants)Investment Code of EthicsFor Principal Asset Management positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization.Experience PrincipalAt Principal, we value connecting on both a personal and professional level. Together, we’re imagining a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site (https://www.principal.com/about-us/careers) to learn more about our purpose, values and benefits.Principal is an Equal Opportunity EmployerAll qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.Posting WindowWe will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.Original Posting Date3/15/2024Most Recently Posted Date3/15/2024LinkedIn Remote Hashtag#LI-Remote