Insurance Specialist

About Wealth Enhancement

Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 75,000 households from our over 100 offices - and growing - nationwide.

Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com.

We have an exciting opportunity for an Insurance Specialist to join our team at Wealth Enhancement! The Insurance Specialist will conduct comprehensive insurance needs assessments, develop tailored insurance solutions, and educate clients on various insurance products. This role involves policy management, staying updated on industry trends, ensuring compliance, and collaborating with team members to achieve strategic goals.

In the spirit of pay transparency, we are excited to share the base salary range for this position is $67,300.00 to $77,300.00, exclusive of bonuses and benefits. This role is also eligible for our corporate bonus.

Primary Job Functions:

Client Consultation:

• Conduct comprehensive insurance needs assessments for clients.

• Develop and present tailored insurance solutions.

• Educate clients on various insurance products and their benefits.

Policy Management:

• Oversee the administration of clients' insurance policies.

• Ensure timely policy renewals and updates.

• Assist clients with claims processing and resolution.

Product Knowledge:

• Stay updated on the latest insurance products and industry trends.

• Evaluate and recommend new insurance products to enhance the portfolio.

• Maintain strong relationships with insurance carriers and underwriters.

Compliance & Risk Management:

• Ensure compliance with all regulatory requirements and company policies.

• Identify and mitigate potential risks related to insurance products.

• Maintain accurate and up-to-date client records.

Collaboration:

• Track progress towards insurance production goals.

• Participate in team meetings and contribute to strategic planning.

• Work effectively with the Senior Insurance Specialist.

• Collaborate with the Director of Insurance to resolve any operational issues.

Educations/Qualifications:

• Bachelor’s degree (or equivalent experience) in business, insurance, or related field.

• 3 - 5 years of experience in Financial Services or Life and Health insurance sales.

• Strong knowledge in long-term care planning and long-term care insurance products.

• Excellent oral and written communication skills, problem-solving ability, and the ability to work independently.

• Previous experience in long-term care processing and post-issue servicing.

• Proficient with Microsoft Office Suite or related software.

• Familiarity with Salesforce and Support Org functionality.

• Life and Health Insurance License required.

• SEI, Series 6 or 7 preferred.

WEG hires employees and makes decisions about their salary qualifications based on factors such as: the role to be performed; educational and professional experience, qualifications, skills and credentials; tenure, cost-of-living and demand for the role in the applicable market. To comply with state pay transparency laws, we must disclose the entire salary grade. The entire salary grade for those who are classified as the Lead level is $67,300.00 to $97,600.00. However, the base salary range bolded above is what we expect to pay as a starting range for this position.

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Comprehensive Benefits Offerings

Our benefits aim to balance four key elements that make life and work meaningful: health and wellness, financial well-being, professional development, and work/life harmony. You may participate in the following benefits & development opportunities:

• Training and professional development

• Medical, dental and vision coverage (Available to employees and their families)

• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses

• Life and AD&D insurance – employer paid and voluntary options

• Short-term and long-term disability, workers compensation – employer paid

• 401k with match and profit sharing

• Wellness programs and resources

• Voluntary benefits, including pet insurance

• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)

• 12 paid holidays each year (10 pre-determined and 2 floating days)

• Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)

• Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)

Should you need reasonable accommodation when completing the application form or during the selection process, contact the Human Resources Department at 763-417-1700

Information provided on this application will be kept confidential and only be shared with those involved in the selection process.
Equal Opportunity Employer, including disabled and veterans. This organization participates in E-Verify.

Click the following link to view Federal and E-Verify posters: Link

OSHA Requirements: This position requires the ability to stand or sit for long periods of time, file documents in high or low cabinets, to use the telephone and to use the computer systems.