Life Insurance Account Analyst - HYBRID

📌 Core Information

🔹 Job Title: Life Insurance Account Analyst - HYBRID

🔹 Company: The Cigna Group

🔹 Location: Bloomfield, Connecticut, United States

🔹 Job Type: On-site

🔹 Category: 📊 Marketing Analyst

🔹 Date Posted: Tue Apr 01 2025

🔹 Experience Level: 2-5 years

🔹 Remote Status: Hybrid

📌 Essential Job Details

🚀 Job Overview

Key aspects of this role include:

• Supporting the Corporate Owned Life Insurance (COLI) team with life insurance product knowledge.
• Opportunities to manage individual blocks of insurance cases.
• Collaborating with brokers and client contacts within a supportive team environment.
• Expanding responsibilities as expertise grows in life insurance products.

ASSUMPTION: The job emphasizes growth and collaboration within a team setting. This information is inferred from the unclear specifics of the daily tasks listed in the raw data.

📋 Key Responsibilities

✅ Process various life insurance transactions for Corporate Owned Universal Life Insurance clients.

✅ Manage case and policy level servicing independently with a focus on complex plans.

✅ Act as the primary client contact for issue identification and resolution.

✅ Ensure all transactions are compliant with applicable laws and regulations.

✅ Produce special reports and perform analysis accurately within deadlines.

✅ Participate actively in departmental projects, including audits and testing.

ASSUMPTION: Responsibilities may be expanded as proficiency and comfort with product lines increase over time, aligning with the growth and opportunity tone noted in the job description.

🎯 Required Qualifications

Education: Bachelor’s degree strongly preferred.

Experience: 3+ years in customer support or business experience in the financial services industry, or 2+ years in Corporate Insurance.

Required Skills:

• Analytical and financial skills
• Knowledge of life insurance and general accounting principles
• Strong oral and written communication skills

Preferred Skills:

• FINRA Series 6 & 63 certifications (within 6 months if servicing variable products)
• Completion of 3 or more Chartered Life Underwriter (CLU) exams within 2 years

ASSUMPTION: The emphasis on both technical and communication skills suggests a role that balances client interaction with technical proficiency, although not explicitly stated.

💰 Compensation & Benefits

Salary Range: Not specified. May align with industry standards for similar roles in insurance account analysis.

Benefits:

• Competitive health insurance options
• Retirement savings plans
• Professional development opportunities

Working Hours: 40 hours per week, with potential flexibility due to the hybrid work arrangement.

ASSUMPTION: Benefits are assumed based on common offerings in large health and insurance companies, given the lack of explicit details.

📌 Applicant Insights

🔍 Company Context

Industry: Hospitals and Health Care, providing global health solutions.

Company Size: 10,001+ employees, suggesting robust operational and support systems.

Founded: Not specified.

Company Description:

• Focuses on creating better health solutions globally.
• Operates under names like Cigna Healthcare and Evernorth Health Services.
• Maintains a significant global presence with over 190 million customer relationships.

Company Specialties:

• Health insurance solutions
• Pharmaceutical services
• Healthcare management services

Company Website: https://www.thecignagroup.com/

ASSUMPTION: Insights assume foundational aspects of large-scale health insurance operations due to limited specific contextual data.

📊 Role Analysis

Career Level: Band 2 Senior Contributor Career Track Role, indicating a mid-level position.

Reporting Structure: Likely reports to upper-level management within the COLI organization, based on senior contributor track.

Work Arrangement: Hybrid, balancing remote and on-site work.

Growth Opportunities:

• Developing expertise in life insurance products
• Expanding case management responsibilities
• Advanced participation in strategic projects

ASSUMPTION: Role analysis assumes a dual focus on technical operations and client service growth within the insurance sector.

🌍 Location & Work Environment

Office Type: Corporate environment likely located in a primary commercial area.

Office Location(s): Based in Bloomfield, Connecticut.

Geographic Context:

• Proximity to major urban centers
• Access to a diverse talent pool
• Location known for robust economic activity

Work Schedule: Standard business hours are expected, with some flexibility due to the hybrid model.

ASSUMPTION: Geographic advantages inferred from Bloomfield's connectivity to key East Coast markets, not explicitly detailed.

💼 Interview & Application Insights

Typical Process:

• Initial application submission
• Screening interviews with HR
• Technical assessment and panel interviews

Key Assessment Areas:

• Technical expertise in life insurance products
• Problem-solving abilities
• Client interaction and communication skills

Application Tips:

• Highlight previous financial service industry experience
• Showcase analytical and communication skills
• Emphasize adaptability and technical knowledge

ATS Keywords: Life Insurance, Corporate Insurance, Financial Services, Customer Service, Analytical Skills

ASSUMPTION: Application process insight derived from typical large corporation hiring practices, details may vary by division.

🛠️ Tools & Technologies

• MS Office Suite
• Life insurance management software
• Compliance tracking systems

ASSUMPTION: Tools assumed based on role responsibilities, as specific technologies were not detailed.

👔 Cultural Fit Considerations

Company Values:

• Commitment to health innovation
• Focus on team collaboration
• Customer-centric solutions

Work Style:

• Proactive and self-motivated
• Detail-oriented and thorough
• Adaptable to change and client feedback

Self-Assessment Questions:

• Do I have a strong background in financial services?
• Am I comfortable in a role that mixes technical and client-facing tasks?
• How do I handle complex problem analysis?

ASSUMPTION: Cultural fit assumptions are derived from general industry norms and the skills highlighted in the job description.

⚠️ Potential Challenges

• Navigating complex insurance regulations
• Balancing multiple client demands
• Staying updated with ongoing changes in life insurance products
• Ensuring compliance with tight deadlines

ASSUMPTION: Challenges are typical in financial service roles focused on detailed compliance and client management tasks.

📈 Similar Roles Comparison

• In-depth case management compared to typical insurance roles
• Strong emphasis on client communication
• Requires dual expertise in financial analysis and customer service

ASSUMPTION: Comparison based on common job characteristics in similar industries, given job title and tasks involved.

📝 Sample Projects

• Developing a new client onboarding process
• Creating detailed compliance reports
• Leading a cross-departmental project on case escalation procedures

ASSUMPTION: Sample projects inferred from typical responsibilities, adjusted for a detailed-oriented position.

❓ Key Questions to Ask During Interview

• How does the company support career advancement within the COLI organization?
• What are the biggest challenges faced by the account analysis team?
• Can you describe a typical day or week in this role?
• How does the role fit within the broader company strategy?
• What are the key measures of success for someone in this position?

ASSUMPTION: Questions target clarity on growth, expectations, and strategic alignment, reflecting the job description's emphasis on career development.

📌 Next Steps for Applicants

To apply for this position:

• Submit your application through this link and ensure all guidelines are followed.
• Clearly demonstrate relevant experience in your resume and cover letter.
• Prepare to discuss specific examples of client interaction and problem-solving during interviews.
• Research The Cigna Group’s values and recent initiatives in the health sector.
• Prepare to show understanding of life insurance products and their financial implications.

⚠️ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.