Contract Development Consultant

MetLife

Aurora, IL

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JOB DETAILS

SALARY

$64,800–$99,300 Per Year

SKILLS

Actuarial Skills, Adobe Acrobat, Alliance/Partner Management, Analysis Skills, Brokerage, Communication Skills, Consulting, Contract Analysis, Contract Review, Corporate Policies, Customer Relations, Customer Support/Service, Detail Oriented, Financial Services, High School Diploma, Information Technology & Information Systems, Inside Sales, Insurance, Insurance Regulations, Interpret Regulations, Legal, Marketing, Metrics, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft PowerPoint, Microsoft Word, Negotiation Skills, Organizational Skills, Partner Sales, Policy Development, Presentation/Verbal Skills, Problem Solving Skills, Product Development, Regulations, Requirements Management, Research Skills, Sales, State Laws and Regulations, Team Player, Time Management, Underwriting, Vision Plan, Writing Skills

LOCATION

Aurora, IL

POSTED

1 day ago

Join the nation’s largest non-medical carrier of group insurance, where your work will impact over 55,000 customers and cover more than 50 million employees and family members. As part of MetLife’s Group Benefits team, you’ll deliver innovative benefits solutions - life, disability, dental, vision, and voluntary benefits - tailored to today’s employers and workforces. Collaborate with customers, brokers, and partners to expand our offerings and reimagine digital experiences. Join us and be part of an organization committed to supporting customers when they need us most.

The Contracts Development Consultant is responsible for end-to-end support of policy forms and related documents for the Group Life, Group Dental and Group Vision products across the United States. This is an exciting opportunity to collaborate with actuarial, legal, sales, marketing, underwriting, claims, and administrative partners to identify product specifications, form content, and issue requirements in connection with product development, product updates, and changes in insurance laws and regulations. The position requires strong analytical, communication, negotiation and organizational skills.

* Draft group insurance policy forms in accordance with product objectives, company policy, and state laws and regulations, and assist in analyzing contracts and reviewing applicable laws and regulations to determine impact to new and existing contracts

* File and successfully negotiate final form approval with state agencies, and develop analytical and research skills to interpret and validate regulatory comments during approval process

* Establish strong relationships and partner with product development, service, actuarial, operations, sales, underwriting, I.T., and other key partners to accomplish deliverables

* While understanding MetLife’s standards and precedents, devise solutions for unusual and unprecedented product or customer situations

* Prepare, maintain, and disseminate filing status and other internal metrics reports to all relevant stakeholders, research and respond to internal and external customer questions regarding contract features and compliance, and research and respond to form related questions from internal partners including sales, service, implementation and product development

* 3 or more years relevant business experience.

* Excellent oral and written communication skills; strong analytical, problem solving, and research, and organizational skills. Must have Attention to detail and be self-motivated, flexible, enthusiastic, and have proven collaboration skill.

* Proficient in MS Office (Word, Excel, Outlook, and to a lesser extent PowerPoint) and Adobe Acrobat.

* Manages multiple assignments with varying deadlines simultaneously, maintaining a strong focus on timeliness and on-time delivery.

* High school diploma or equivalent.

* Bachelor’s degree or Juris Doctor.

* Technical knowledge and skills in group contract work, particularly in life, dental, and/or vision insurance products.

* Familiarity with insurance laws and regulations pertaining to contracts and filing procedures.

Location Expectation: This is a hybrid role requiring a minimum of 3 days per week in office.

The expected salary range for this position is $64,800 - $99,300. This role may also be eligible for annual short-term incentive compensation and stock-based long-term incentives. All incentives and benefits are subject to the applicable plan terms.

Benefits We Offer

Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, paid time off, paid holidays, volunteer time off, tuition assistance and much more!

About MetLife

Recognized on Fortune magazine's list of the "World's Most Admired Companies",[1] Fortune World’s 25 Best Workplaces™, as well as the Fortune 100 Best Companies to Work For®, MetLife, through its subsidiaries and affiliates, is one of the world’s leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.

Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by our core values - Win Together, Do the Right Thing, Deliver Impact Over Activity, and Think Ahead - we’re inspired to transform the next century in financial services. At MetLife, it’s [1] #AllTogetherPossible. Join us!

MetLife is an Equal Opportunity Employer. All employment decisions are made without regards to race, color, national origin, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, marital or domestic/civil partnership status, genetic information, citizenship status (although applicants and employees must be legally authorized to work in the United States), uniformed service member or veteran status, or any other characteristic protected by applicable federal, state, or local law ("protected characteristics").

If you need an accommodation due to a disability, please email us at [2] accommodations@metlife.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.

MetLife maintains a drug-free workplace.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liabilities.

References

Visible links

1. https://www.metlifecareers.com/ml/GreatPlaceToWork

2. mailto:accommodations@metlife.com
Equal Employment Opportunity/Disability/Veterans

If you need an accommodation due to a disability, please email us at accommodations@metlife.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application process.

MetLife maintains a drug-free workplace.

About the Company

MetLife

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