USAJOBS · 11 hours ago
Insurance Specialist
Philadelphia, Pennsylvania, USA
Full-time
Onsite
Entry Level
$56K/yr - $72K/yr
1+ years expUSAJOBS is seeking an Insurance Specialist to provide information and assistance regarding VA insurance programs. The role involves advising the public, interpreting regulations, and assisting individuals with documentation and inquiries related to insurance services.
ConsultingGovernmentHuman ResourcesInformation TechnologyInternetStaffing Agency
No H1B
U.S. Citizen Only
Responsibilities
Fields telephone calls pertaining to a wide range of issues. On occasion, these matters involve other VA and Federal benefits
Researches and interprets regulations governing life insurance policies in order to reply to inquiries from policyholders on the VA administered insurance programs
Responds to inquiries varying in complexity and counsels callers on topics including but not limited to dividends, premiums, non-medical and medical underwriting issues, matured endowments, cash surrenders, loans, death claim processing and tax issues relating to the insurance programs
Advises policyholders and beneficiaries with estimates and compares benefits of the various options that are available relating to conversions, changes of plan, matured endowment, cash surrenders, death award payments and dividend options, etc
Computes reserves, differences in reserve, surrender and loan values, and determines effective date of changes
Prepares detailed statement of account and conducts extensive audits of individual policies
Responds to inquiries in relation to Servicemembers'/Veterans' Group Life Insurance (SGLI/VGLI) and Veterans Affairs Life Insurance (VALife) which are supervised by the Department of Veterans Affairs
Takes all servicing and maintenance actions in responding to requests or inquiries from policyholders or their authorized representatives, including posting premiums, loan and dividend payments and refunds
Performs post entitlement actions, including release of Treasury Form 712 and release of correspondence to claimants, Veterans Service Officers, and attorneys and third parties concerning general inquiries about payment of the proceeds
Processes beneficiary designations requests, releases copies of beneficiary designations on file, and provides copies of the policy
Qualification
Required
You must be a U.S. citizen to apply for this job
Selectees are subject to a background/suitability investigation
Selective Service registration is required for males born after 12/31/1959
Selected applicants will be required to complete an online onboarding process
A transcript must be submitted with your application if you are basing all or part of your qualifications on education
Only education or degrees recognized by the U.S. Department of Education from accredited colleges, universities, schools, or institutions may be used to qualify for federal employment
Time-in-grade (TIG) requirements apply to applicants who are current Federal employees and have held a GS grade at any time in the past 52 weeks
For a GS-07 position you must have served 52 weeks at the GS-05 level
To qualify, applicants must have one year of specialized experience equivalent to at least the next lower grade (GS-05) in the normal line of progression for the occupation in the organization
Experience that may have been gained in technical assignments that involved the application of laws, rules, regulations or procedures involving a benefit or entitlement program
Responsibility for examination, investigation or authorization of claims under programs such as life or health insurance, pension plan, disability retirement, income maintenance or other related programs
Applicants may substitute education for the experience required to qualify at the GS-7 level: Undergraduate Degree and Superior Academic Achievement
You have successfully completed a full 4-year course of study in any field leading to an undergraduate degree from an accredited college or university or you possess an undergraduate degree in any field from an accredited college or university
You must upload or fax a copy of your college transcript along with your application
If you are selected for the position, an official college transcript(s) will be required at your start date
You must have at least one full academic year of graduate level education that demonstrates you possess the knowledge, skills, and abilities necessary to satisfactorily perform the work
If you qualify based on your education, you must upload or fax a copy of your college transcript along with your application
If you are selected for the position, an official college transcript(s) will be required at your start date
If you have some, but not all, of the graduate education AND specialized experience described above, you may still qualify by combining the amount of creditable education and experience that you do have
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations
Education must be accredited by an accrediting institution recognized by the U.S. Department of Education in order for it to be credited towards qualifications
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating
Benefits
A career with the U.S. government provides employees with a comprehensive benefits package.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent.
Company
USAJOBS
USAJOBS enables federal job seekers to access job opportunities across hundreds of federal agencies and organizations.
10001+ employees
Funding
Current Stage
Late StageRecent News
Company data provided by crunchbase