Sales Coordinator

Description:

The International Group Department is responsible for the underwriting, sale, extension, conservation, and administration of International Group Program (IGP) business worldwide. To this end, the department also manages and develops the IGP network of technical and marketing arrangements with the 53 life insurance companies which serve as the franchised outlets for the IGP system in more than 50 countries.

The Sales Coordinator is responsible for the preparation of our Client’s International Experience Reports and manages a portfolio of Clients. The role reviews Policy Year End Reports and coordinates their successful completion.

Individual Responsibilities:

• Prepares proposals, including analysis of quotations submitted by Network Partners, review of plan specifications, and preparation of benefit and cost summaries and Second Stage Accounting Exhibits with appropriate explanatory notes.

• Communicates orally or in writing with clients, brokers, Network Partners and department members to clarify and resolve questions, concerns, or requests regarding client cases and extension sales.

• Prepares IGP Second Stage Accounting Exhibits to accompany IGP proposals, in accordance with the expenses and risk formulas in the IGP Operating Guide.

• Prepare Second Stage Accounting exhibits as well as to check the accounting Policy Year End Reports.

• Conducts research as required by clients, brokers, or department members with respect to Social Security systems, labor codes, and private employee benefit practices, in more than 50 countries around the world

• Assists on special assignments for key IGP accounts, including multi-country pooling exercises. Collects data, compiles reports, communicates with Network Partners, etc.

• Prepares Administrative Data Reports for client cases, including preparation of Second Stage Accounting and details of special arrangements involving the case (i.e. Business Updates).

• Addresses any concerns regarding the experience reports with the Network Partners. Prepares a cover letter reflecting experience and key issues for the client.

• Assists in logistical arrangements and special projects.

Job Requirements:

• A basic knowledge of group insurance and pensions is essential.

• Ability to analyze complex foreign employee benefit planning situations and devise and recommend solutions to superiors for later presentation to the IGP client by superiors.

• Must maintain awareness of the constantly changing foreign benefit field.

• Responsiveness and problem solving abilities are necessary to build and maintain good client relations in the administration of assigned cases.

• General knowledge and awareness of world political and economic affairs is helpful.

• Mathematical and excellent oral/written communications skills are essential.

• Within a year in the position, an understanding of local insurance/pension products, regulations, social security, and customary benefit practices in the countries in which IGP operates is expected.