Administrative
Services Committee — focuses on the
management of administrative or corporate services functions such as
systems and equipment, central files, forms and inventory control,
micrographics and printing, methods and procedures, mail and purchasing,
building and grounds operations, and travel. Members are industry
executives responsible for administrative or corporate services support
within their companies. LOMA staff liaison is Mary Ryan (770-984-3753), ryan@loma.org.
Broker-Dealer
Committee — assists subsidiary
companies in the improvement of product selection, marketing and
distribution, administration and operational systems, as they relate to
an affiliation with a member parent life insurance company. Members are
usually officers of the broker-dealer and/or the parent Life Company
involved in marketing, compliance, operations & administration, or
sales. LOMA staff liaison is Ted Hatcher (770-984-6407), HatcherT@loma.org.
Contact
Center Committee — assists member companies in the improvement of their operations
by pooling experience, identifying and suggesting acceptable
alternatives and investigating various practices. Members of this
committee should have direct responsibility for the operation of their
organizations contact center as a whole or a unit within the contact
center. LOMA staff liaison is Ted Hatcher
(770-984-6407), HatcherT@loma.org.
Equity
Products and Annuity Committee —
investigates, studies and discusses issues relative to administration
and marketing procedures and practices in the fields of fixed and
variable annuities, variable life insurance, mutual funds, and other
registered and non-registered products. Members are executives with
substantial responsibilities and expertise and exposure to various
aspects of individual annuity administration, product development, new
business & client services, actuarial, systems, legal, financial
reporting or marketing. LOMA staff liaison is Ted
Hatcher (770-984-6407), HatcherT@loma.org.
Group
Insurance Administration Committees
— investigate, study and discuss their company’s current
administrative practices, procedures and systems in the fields of group
life, long-term disability and medical insurance. Members are
responsible for one or more areas of administration of group insurance
products at their company. LOMA staff liaison is Jim Huffman
(770-984-6446), huffmanj@loma.org.
Group
Pension Committee — investigates,
studies and discusses issues relative to administrative systems,
regulatory requirements, marketing relationships and other procedures
and practices in group pension plan administration on both the plan and
contract level, and with other group or corporate retirement
arrangements. Members are executives with substantial responsibilities
and expertise and exposure to various aspects of group pension
operations such as administration, investment, actuarial, underwriting,
systems, legal, product development, benefit payments, financial
reporting or marketing. LOMA staff liaison is Jim Huffman
(770-984-6446), huffmanj@loma.org.
Group
Pension Investment Products Committee
— consists of representatives of insurance companies active in pension
markets, either full-service (DB & DC plans) or institutional (GICs,
FA-backed notes). The committee strives to be at the forefront of
new developments and products in the group pension business through
lively discussions, presentations, surveys, etc. Members are
executives with expertise and functional responsibility for various
aspects of group pension operations such as administrative, investment,
actuarial, underwriting, or marketing. Beyond the timely
information shared at the meetings, the networking afforded by
participation has proven to be valuable when an issue arises at the
office on which another member may be able to provide perspective. LOMA staff liaison is Jim Huffman
(770-984-6446), huffmanj@loma.org.
Individual
Insurance Services Committee I —
assists member companies in the improvement of all aspects of individual
insurance service. Members must have current, substantial and relevant
experience in the POS aspects of the life insurance industry and hold a
management level, policy making position. Companies represented on IISC
I generally have more than 1.5 million policies in force. LOMA staff
liaison is Jim Huffman (770-984-6446), huffmanj@loma.org.
Individual
Insurance Service Committee II —
analyzes individual customer service functions through review of various
company operations dealing with policyowners, agents and regulators and
by identifying and suggesting acceptable alternatives, investigating
various company operations and practices in policyholder services,
keeping in mind the perception by the customer. Members must have
current, substantial and relevant experience in the POS aspects of the
life insurance industry and hold a management level, policy-making
position. Companies represented on IISC II generally have less than 1.5
million policies in force. LOMA staff liaison is Ted
Hatcher (770-984-6407), HatcherT@loma.org.
New
Business Committee
The New Business Committee will focus on assisting member companies in the improvement of their new business operations in areas such as policy issue, underwriting, compliance and technology by way of sharing information as well as discussing various methods of operation and practices. Members must have current, substantial and relevant experience in the new business aspects of the life insurance and/or annuity industry and hold a management level, policy making position. LOMA staff liaison is Jim Huffman
(770-984-6446), huffmanj@loma.org.
Product
Development Management Committee —
directs attention to improving the product development/management
process with the industry, improving product design in order to better
meet consumer/distribution needs, gaining a better understanding of
industry related issues. Members are executives with responsibilities
and expertise and exposure to various aspects of product development.
Staff liaison is Jim Huffman (770-984-6446), huffmanj@loma.org.
Small
Employer and Individual Pension Committee
— assists member companies in the improvement of the management of
their small group and individual pension business by pooling experience
and conducting research in the field, investigating marketing
relationships, State and Federal regulator requirements and
administrative systems; procedures and practices in the field of
individual pension plans; small group plans on both the plan and
contract level and all other tax qualified retirement arrangements.
Members must have managerial responsibilities and a minimum of three
years of experience with exposure to various aspects of small group or
individual pensions. LOMA staff liaison is Ted
Hatcher (770-984-6407), HatcherT@loma.org.
Specialized
Insurance Services Committee —
promotes continuing awareness of industry issues pertaining to
distribution, administration, service and other areas of insurance
company operations with regard to insurance products developed and
distributed to lower and middle-income consumers. Members are senior
officers responsible for the administration and/or operations of a life
insurance company that develops and distributes insurance products to
lower and middle-income consumers. LOMA staff liaison is Jim Huffman
(770-984-6446), huffmanj@loma.org.
Workflow
and Imaging Network
LOMA's
Workflow and Imaging Network consists of individuals involved in the
implementation and operation of their insurance company's workflow and
imaging initiatives. Representatives are typically from the business and
operations areas involved in this initiative rather than from the
systems or technical support of the workflow and imaging. The purpose of
the network is to afford these individuals a forum whereby they may
discuss practices and other matters related to workflow and imaging. LOMA staff liaison is Jim Huffman
(770-984-6446), huffmanj@loma.org.