Sr Life Claims Specialist

Company: Farm Bureau Financial Services
Location: West Des Moines
Posted on: April 26, 2024

Job Description:

Sr Life Claims Specialist Do you desire to make a difference? Are you a flexible team player, a hard worker and a quick learner looking for a new opportunity where each day is different? Do you have past life and annuity experience and a strong customer service mindset? If so, this could be a great opportunity for you!Who We Are: At Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars, and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership, and accountability are at the heart of every decision we make and every action we take. We're proud of our more than 80-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive.What You'll Do: As a Sr Life Claims Specialist, you will play a crucial role in evaluating and investigating life insurance policies that fall under contestability as well as the assessment of complex claims. You will also:

• Analyze Death, Chronic Illness and Waiver of Premium claims and establish the basis for payment, denial, or need for additional information.
• Communicate final deposition of claims to insured, agents, beneficiaries, and other appropriate parties.
• Analyze all contestable death claims, order additional information, analyze additional information, approve or deny final payment of the claim.
• Collaborate with the Director Life & Annuity claims to create and implement policies & procedures.
• Assist internal auditors, external auditors, and reinsurance auditors with all requested information as needed.
• Ensure state escheatment rules are followed and unclaimed death funds are handled according to state requirements.What It Takes to Join Our Team:
  • College degree (Accounting preferred) or equivalent plus seven years of relevant experience required.
  • Fellow Life Management Institute (FLMI) designation preferred.
  • Knowledge of common law and medical terminology.
  • Continue study of industry literature, attend classes, and provide new and vital information to staff.
  • Must have strong analytical and problem-solving skills.
  • Some travel required (depositions, etc.).
  • Excellent organizational, interpersonal, written, and verbal communication skills.
  • Knowledge of Microsoft Office products (Outlook, Word, Excel, PowerPoint).
  • Ability to work from our office in West Des Moines, Iowa.What We Offer You: When you're on our team, you get more than a great paycheck. You'll hear about career development and educational opportunities. We offer an enhanced 401K with a match, low-cost health, dental, and vision benefits, and life and disability insurance options. We also offer paid time off, including holidays and volunteer time, and teams who know how to have fun. Add to that an onsite wellness facility with fitness classes and programs, a daycare center, a cafeteria, and for many positions, even consideration for a hybrid work arrangement. Farm Bureau....where the grass really IS greener!If you're interested in joining a company that appreciates its employees, provides growth and professional development opportunities, and offers great benefits, we invite you to apply today!Work Authorization/Sponsorship: At this time, we are not considering candidates that need any type of immigration sponsorship now or in the future, such as additional or permanent work authorization. Applicants must be currently authorized to work in the United States on a full-time, permanent basis. We are not able to sponsor now or in the future, or take over sponsorship of, an employment visa or work authorization for this role. For example, we are not considering candidates with OPT status.

Keywords: Farm Bureau Financial Services, West Des Moines , Sr Life Claims Specialist, Other , West Des Moines, Iowa