About the role
Newport, an Ascensus company, helps employers offer their associates a more secure financial future through retirement plans, insurance and consulting services. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport is independent, experienced, and responsive.
Job Summary: Performs administrative functions related to supporting the administration of claims for all insurance products supported by Newport
Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.
- Provides daily administrative support to the insurance claims team.
- Works independently to manage assigned workload and identify claims related issues requiring additional attention.
- Communicates issues to internal associates / Manager and works with appropriate parties to resolve. Effectively collaborates with others, seeks/conveys information, initiates action, and adapts to change.
- Takes ownership and initiative to ensure expectations are met, including follow through, follow-up and understanding when and how to involve others.
- Researches and collects information and material as required from various sources and follows up to ensure that all data is provided.
- Updates records, files and computer databases as needed.
- Provides assistance to departmental management for projects as needed.
- Assists in the preparation of claims related materials and correspondence. Compiles documentation, files appropriate paperwork and maintains records related to a variety of company and client information, questionnaires, policies, licenses, notifications, reports, expenses, and various other documents or activities, as required.
- Completes claim form packages.
- Conducts first level review of claim form packages.
- Coordinates payment requests from finance for death certificate requests.
- Enters related information from death certificates into a central database.
- Monitors receipt of carrier responses and prepares distribution of information maintains and updates current claims activity in central database.
- Assists in special project needs as they relate to claims administrative services.
- Interacts professionally with team members and other departments.
- Works as a self-starter and completes work in a fast-paced, demanding environment under tight deadlines.
- Focuses on learning in everyday activities and events.
- Collaborates with and openly shares knowledge with colleagues.
- Regular, reliable, and punctual attendance.
Management Responsibilities (none)
Required Education, Experience and Certificates, Licenses, Registrations
- 2-5 years of related experience and/or equivalent combination of education and experience
- Strong MS Office skills to include Word, PowerPoint, and Excel
Preferred (but not required) education or skills for this role are
- Bachelor's degree or equivalent work experience
Competencies
- Diplomatic
- Creative Problem Solver
- Integrity
- Resourceful
- Team Player
- Client Oriented
- Utilizes Sound Judgment
- Thorough
- Results Driven
- Time Management
- Attention to Detail
- Organization and Planning
Travel: Up to 5%.
Other duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.
Skills & Tags
Aplyr's read
Ascensus empowers individuals to secure their financial future through innovative savings solutions, attracting professionals dedicated to personalized service and technological advancement.
What's promising
- •Ascensus is a leader in retirement and college savings, providing stability in the financial services sector.
- •The company invests in innovative technology, enhancing its service offerings and operational efficiency.
- •Employees benefit from a culture focused on personalized service, fostering strong client relationships.
What to watch
- •The financial services sector is highly competitive, posing challenges for market differentiation.
- •Regulatory changes in retirement savings can impact business operations and strategy.
- •Limited public information about Ascensus's diversity and inclusion initiatives.
Why Ascensus
- •Ascensus specializes in both retirement and college savings, offering a dual focus uncommon in the industry.
- •The company emphasizes personalized service, setting it apart in a tech-driven financial landscape.
- •Ascensus's commitment to innovative technology supports its leadership in savings solutions.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Ascensus
Ascensus is a leading provider of retirement and college savings solutions, dedicated to helping individuals save for their future through innovative technology and personalized service.
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