Associate Director, Operations

Operations Zionsville, Indiana Indianapolis, Indiana


Description

Position at Delaware Life

Group1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

At Delaware Life Insurance Company, we’re focused on what matters: Creating high-performing products, delivering a seamless experience with honesty and efficiency, and being great partners to work with. Delaware Life is a member of Group One Thousand One (‘Group1001’): an ecosystem of businesses making insurance more useful, intuitive and accessible for everyone. We’ve made it our mission to deliver pure value to our partners and clients. We support our partners with a distilled set of tools and products that empower them to deliver clear value to their clients every time.

Group1001 is on a mission to empower consumers. Our family of companies share a common goal: giving people more control over their money, making it easier for them to do businesses with us, and creating more opportunities for them to see value every day.  Group1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture.

One of the goals for Group1001 is to foster a great culture.  Group1001 will continue to build a culture that emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets, employees. 

Job Summary

The Associate Director, Operations position will be responsible for providing day to day management and coordination of the operations team in support of the administration of annuity policies. The position will lead the Annuity Policy Administration team and identify strategic operational needs; and partner with internal and external resources to execute and manage the policy administration function. This role will be closely managing the day-to-day operations of business and providing strategic guidance to get this function established. 

 

Main Accountabilities

  • Provide day to day management and leadership for the administration team through effective communications, coaching, training and development
  • Identify, develop and mentor a team of administration service professionals to service new annuity products written by Delaware Life Insurance Company (“DLIC”) by utilizing a newly developed service platform
  • Implement processes and procedures to ensure the accurate and efficient administration of policies including: new business processing, fund pricing and trading, entry of transactions, commissions processing, entry of licensing and appointments of agents, transaction reconciliations, and the management of customer and agent complaints
  • Support policy deployment in the areas of customer satisfaction, on-time delivery, and on-site performance measures
  • Identify and negotiate external vendor arrangements to accomplish identified operations requirements, including inbound mail processing, outbound correspondence generation, check printing, and other administrative functions as necessary
  • Coordinate and partner with internal Legal and Compliance team members to ensure all applicable regulatory requirements are identified and complied
  • Provide day to day management and leadership for the operations team through effective communications, coaching, training and development.

 

Qualifications:

  • Bachelor’s degree in a related field, required and advanced level degree a plus
  • 8+ years relevant operations experience and management experience, required; and financial services and/or insurance experience, preferred  
  • Series 26 and/or Series 6 certifications a plus
  • Experience leading and motivating an operation team/function, and influence others outside of direct reporting relationship
  • Proven ability to communicate effectively
  • Strong problem solving and negotiating skills
  • Strong team leader and results oriented