Insurance Analyst Intern
Are you applying to the internship?
Job Description
About Company:
Valmark emphasizes its people-centric culture, highlighting that employees are the key to their success and enjoy working there. The company fosters a collaborative environment where employees support each other and prioritize helping advisors and clients. Valmark invests in professional development and promotes work-life balance. An entrepreneurial spirit encourages innovation and a collaborative management team ensures transparency and a clear vision for long-term success. Valmark has been recognized as a Top Workplace in Northeast Ohio for multiple years.
Job Description:
Job Summary:
The Insurance Analyst Intern role supports the PMC team in St. Paul, MN, and Valmark’s clients. The internship focuses on data management, communication with product companies, and operations management. This paid internship offers free parking in a heated garage, a flexible schedule to accommodate school, and networking opportunities in insurance, technology, marketing, underwriting, and investments. It provides experience in a growing business unit and helps interns discover their passions in the financial services industry.
Essential Functions and Responsibilities:
Data Management:
• Gather information from various sources, including product companies, Valmark’s clients, internal sources, and technology data feeds.
• Set up insurance policies in the policy management system, input data, archive documents, and manage policy information.
• Ensure the completeness and accuracy of new and existing data in the systems.
Communication with Insurance Companies:
• Obtain supporting information for reviewing and analyzing active life insurance policies.
• Request current and updated policy information from insurance companies, including policy status, quotes, forms, and transaction history.
• Facilitate the completion of service requests from Valmark’s clients.
Operations Management:
• Streamline business operations, tasks, activities, workflows, and processes.
• Leverage technology tools to manage data and policy information.
• Identify opportunities to enhance customer experience and policy management services.
Related Qualities:
• Interest in working in the financial services industry
• Strong problem-solving and critical thinking skills
• Aptitude to learn technology and apply it to solve business problems
• Proficiency with Excel and Windows-based software
Requirements:
• Must be currently enrolled in college seeking a degree.
