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Principal Financial Group · 8 hours ago

Executive Benefits Administrator

Des Moines, IA

Full-time

Hybrid

Mid Level

$56K/yr - $101K/yr

3+ years exp

Principal Financial Group is seeking an experienced Executive Benefits Administrator to join their team. The role involves assisting in the design consultation and administration of non-qualified plans while serving as a key contact for producers and customers.

Financial ServicesInsurance

No H1B

Responsibilities

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

Qualification

Non-qualified plans knowledgeSalesMarketing understandingPolicy administrationFINRA Series 6 LicenseMulti-tasking abilityJudgment skillsInterpersonal skillsCommunication skills

Required

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)

Preferred

Completion of FLMI or participation in CLU, ChFC is a plus but not required

Benefits

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.

Pension Eligible

Company

Principal Financial Group

Glassdoor3.9

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.

Founded in 1879

Des Moines, Iowa, USA

10001+ employees