Life Insurance Verification Specialist

Job Description: Abacus Life is a top-rated company within the life settlement industry, currently employing 135 employees. We maintain a positive working environment with very low turnover. We are one of the fastest growing companies in Orlando, and we are seeking a Life Insurance Verification Specialist to join our growing team. Abacus Life purchases life insurance policies through a variety of sources, including consumers, financial advisors and insurance agents. The capital sources for these investments include institutional investors, hedge funds and pension funds. For more information about the company, visit our website at www.abacuslife.com. We are seeking a detail-oriented and proactive Life Insurance Verification Specialist to join our team. In this role, you will be responsible for reviewing and verifying life insurance policies to ensure accuracy, completeness, and compliance with regulatory requirements. You will work closely with clients, underwriters, and other internal teams to ensure policies are processed smoothly and efficiently. Responsibilities: • Policy Verification: Review life insurance policies, endorsements, and related documents to ensure that they are accurate and complete. • Data Entry & Maintenance: Enter and update client information and policy details into the company's database. • Client Communication: Communicate with policyholders, agents, and underwriters to request missing or incomplete information or to clarify policy details. • Error Identification & Resolution: Identify discrepancies or errors in policies, investigate issues, and work with relevant parties to resolve them in a timely manner. • Policy Adjustments: Process amendments, updates, or corrections to policies as needed. • Reporting & Tracking: Prepare reports on policy verification status, highlight any issues, and track metrics related to policy servicing. • Customer Support: Provide support to clients and agents regarding policy details, coverage questions, and status updates. Qualifications: • High school diploma or equivalent required; associate's or bachelor's degree preferred. • Previous experience in insurance, customer service, or administrative roles, particularly in life insurance, is a plus. • Strong attention to detail and ability to identify discrepancies in policy documents. • Excellent communication skills (both written and verbal) to interact with clients, agents, and other team members. • Ability to work independently and in a team environment. • Proficient in using Microsoft Office Suite and/or policy management software. • Strong organizational skills and ability to prioritize tasks effectively. Preferred Skills: • Knowledge of life insurance policies and regulatory requirements. • Familiarity with insurance software or databases. • Problem-solving and critical thinking abilities. Job Type: Full-time Pay: From $50,000.00 per year Benefits: • 401(k) • 401(k) matching • Dental insurance • Disability insurance • Health insurance • Paid time off • Vision insurance Supplemental Pay: • Bonus opportunities Ability to Relocate: • Orlando, FL 32835: Relocate before starting work (Required) Work Location: In person Apply Job!