Who We Are:
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
This position’s primary responsibility is to provide NFP Banking Practice Sales Support by modeling benefit and bank-owned life insurance (BOLI) proposals; evaluating proposed plans to provide accounting and related implementation guidance to clients; and providing review and analysis of proposed benefit plan designs. This role involves collaborating with other team members, consultants, and client relationship managers to ensure plan accuracy, quality, and compliance with relevant regulations. This position reports directly to the Senior Vice President of the Banking Practice.
This is a full-time position with the flexibility of working a hybrid schedule from one of these NFP offices: Warrington, PA (Philadelphia); Atlanta, GA; Plymouth, MN (Minneapolis); or Franklin, TN (Nashville). We will consider a remote option for well-qualified candidates with BOLI experienc
Job Duties and Requirements
BOLI & Financial Considerations:
- Understands BOLI product design and appropriate uses.
- Knowledge of Non-Qualified Executive Benefit plans and BOLI funding strategies.
- Exercises knowledge of and effectively communicates tax, accounting, plan design, and regulatory technical information and provides support to Consultants and Client Relationship Managers regarding plan design analysis and product design.
Working with Clients & Customers:
- Communicates and models excellent customer service with both internal and external clients by seeking information to understand circumstances, problems, and expectations.
- Considers how actions or plans will affect clients and others; responds quickly to resolve problems or issues.
- Seeks out and is receptive to appropriate feedback from manager, team members, and peers.
- Maintains a professional approach to communication that attracts and retains all clients.
Employee Conduct:
- Takes responsibility for own actions and demonstrates appropriate ethical conduct.
- Honors commitments to perform work and accepts responsibility for outcomes and results.
- Models a high standard of personal development by maintaining necessary licenses and certifications while completing required continuing education classes.
Operational Excellence:
- Ensures high accuracy and attention to detail in the finalization of proposals. Collaborates with team members to cross-check data and plan design integrity.
- Prepares final proposals based on results received from Client Relationship Manager and subsequent system-generated documentation materials.
- Communicates with the Client Relationship Managers and Quality Assurance Manager when needed to ensure accurate system data and that the final proposals accurately reflect final plan design parameters.
NFP’s PeopleFirst Requirements:
- Works collaboratively with team members to meet goals and deadlines. Encourages knowledge sharing and contributes positively to team dynamics.
- Appreciates the individual differences that each team member possesses and encourages associates to capitalize on unique talents that the team can provide.
- Leads by example and consistently models inclusive behaviors such as mutual respect, empathy, and open dialogue.
- Shares important and relevant information with the team in order to raise the performance of the entire team without specific regard to personal reward.
- Works consistently with associates in the achievement of team performance targets and goals.
- Acknowledges the success of associates and recognizes accomplishments.
Qualification Guidelines:
Education:
- Bachelor’s or Master’s degree in Business (Accounting or Finance preferred). Equivalent work experience in banking, insurance, or nonqualified benefit plans may substitute for formal education.
Experience:
- Three to five years of experience in a similar occupation is preferred; experience with BOLI or nonqualified benefit plans is preferred. Commensurate experience in banking or with financial institutions will be considered.
Critical Requirements:
- Advanced proficiency in Microsoft 365 Applications including experience with complex financial modeling in Microsoft Excel or Power BI.
- Proficient in Microsoft Word, SharePoint, Outlook, Teams, and Salesforce CRM.
- Life insurance license required at hire or within a designated time after hire
Additional Abilities:
- Strong organizational skills, with the ability to prioritize tasks under tight deadlines.
- Demonstrated analytical and problem-solving abilities.
- Excellent written and verbal communication skills.
- Excellent project and time management skills
What We Offer:
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $52,000– $75,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better Together!
NFP is an inclusive Equal Employment Opportunity employer.
