New Business Administrator

Foresters Financial is seeking a New Business Administrator to review, verify, and data enter individual life insurance applications submitted by Brokers and Sales Agents. The role involves daily communication with external partners and ensuring data quality and compliance with regulations.

Responsibilities

• Review and verify individual life insurance applications for data quality and integrity
• Communicate, verbally or written, with brokers for missing or incomplete requirements on a regular schedule
• Enter/edit application information with speed and accuracy within service level agreement
• Evaluate new applications to determine the qualification for health classification using pre-set guidelines and other referencing materials
• Populate worksheet with accuracy of key inputs to facilitate a smooth transition to Case Manager and/or Underwriter within service level agreement
• Order medical and financial requirements on paramedical and financial vendor websites and ensure the service agreement is being adhered to
• Perform quality checks to ensure compliance with government regulations related to licensing, errors and omissions, and money laundering
• Other duties as required by the business

Skills

• College Diploma or Undergraduate degree
• Minimum of 1 year of experience
• Excellent customer service skills
• Bilingual in English and French (written and verbal) an asset
• Excellent data entry skills
• Detailed oriented
• Proficient in Microsoft Office applications
• Strong team player
• Able to multitask in a fast paced, high volume work environment
• Demonstrated problem solving and analytical skills
• Highly organized and efficient

Benefits

• Discretionary variable incentive plan

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