Deb Schmidt Email & Phone Number

Chesterfield, Missouri, US

New York, NY, US

• Manage personal book of $300M in life insurance policies. Monitor complex reinsurance treaties to ensure all guidelines are being followed. Review reporting for new insurance policies issued to verify risk is properly.
• Prepare monthly/quarterly insurance reimbursements in accordance with contractual agreements.
• Analyze external and internal reinsurance records for accurate reinsurance reporting.
• Interpret information for accurate set-up and maintenance of assigned business in operations systems.
• Perform billing analysis and compile required information for monthly billing process.
• Research inquiries and manage revisions to agreements and/or coverage on individual policies.

Walnut Creek, CA, US

• Performed variance and trend analysis of financial data to meet and exceed client needs.
• Assisted with cross-training of new associates during transition of business to Dallas, TX while in this contract employee role.

Walnut Creek, CA, US

• Managed benefit plans for 25 nationally recognized banking institutions totaling over $2.5 billion in cash value. Monitored and analyzed universal life insurance policy cash values and yields for accuracy. Provided.
• Performed variance and trend analysis of financial data to meet and exceed client needs.
• Served as liaison between business partners and team of analysts and managers to promote efficient information collection and open communication.
• Partnered with sales consultants and bank executives to provide comprehensive financial information for investment products to satisfy post sales needs.
• Team lead in developing and enhancing financial reporting for increased customer satisfaction.
• Mentored and trained a team of 10+ for new and ongoing job training.

Rolling Meadows, Illinois, US

• Managed non-qualified benefit plans for over 500 healthcare executive and physicians. Primary contact for participants regarding plan issues from initial enrollment to annual plan renewal. Reviewed and interpreted plan.
• Reevaluated plans on an annual basis to ensure benefit plans were adequately funded.
• Established and managed administrative processes to provide exceptional plan service.
• Collaborated with management on process improvement projects to develop solutions to increase case management efficiency.
• Produced enrollment and termination materials for plan participants.
• Responsible for database integrity to assure accuracy, quality and timeliness of plan information.

US

• Monitored group billings from initial generation through reconciliation of payments. Tracked reinsurance amounts on an individual and aggregate level.
• Monitored client accounts to ensure plan liability was not exceeded.
• Reviewed and processed reimbursement requests with reinsurance carriers to ensure timely claim payments.
• Ensured accurate policyholder billing by overseeing claims and invoices.
• Managed Account Receivables to resolve aging accounts.
• Responsible for account reconciliation for 10 corporate clients.

• Responsible for month end commission reporting process. Point of contact for agent questions and concerns regarding monthly commissions.
• Supervised two accounting clerk staff members.
• Reconciled general ledger accounts, monitored accounts receivables, and prepared daily bank deposits.
• Selected to participate on a transition team when business operations were moved to Omaha, NE.