Life New Business Administrator

Alfa Insurance•Montgomery, AL

About The Position

Alfa Insurance® is an A-rated insurance carrier that offers an excellent array of automobile, home, life, farm and business insurance products. Alfa is known for its superior customer service and boasts 94% claims satisfaction. Since its humble beginnings in 1946, Alfa and its affiliates now serve more than 1 million customers across 14 states. Working as a Life New Business Administrator I for Alfa Insurance® is more than just processing changes in the system. It entails joining a revered company built on principles of faith, family, community, and unwavering integrity. By becoming a member of the Alfa family, you can uncover your true purpose and actively contribute to enhancing the lives of our valued policyholders and making a positive impact in your community. Are you detail-oriented, organized, and passionate about supporting a high-performing team? As a Life New Business Administrator, you’ll be a vital part of our Life department, ensuring the smooth and accurate processing of new insurance policies. In this role, you’ll take the lead on issuing and canceling policies, managing complex transactions like conversions and replacements, and ensuring data accuracy across our systems. You’ll also play a key role in maintaining financial accuracy through accounting entries that impact policy values and agent commissions. If you're ready to make a difference in a fast-paced, team-focused environment, we’d love to meet you!

Requirements

High school diploma or GED required.
Basic computer knowledge required, business courses helpful.
Good communication, documentation, and organizational skills.
Good time management skills.
Data entry and calculator expertise.
Proper phone etiquette.

Nice To Haves

LOMA 1 and LOMA 2 helpful.
Background in Accounting helpful.

Responsibilities

Oversee final issuance, reissuance, and cancellation of life insurance policies, including processing refunds for not-taken policies.
Research and process complex policy transactions, including conversions, replacements, and policy changes.
Maintain and update life pending and administrative systems to ensure accurate client records and policy data.
Perform accounting entries impacting financial statements, agent commissions, and policy cash values, while supporting internal teams and field representatives with inquiries.

Benefits

Opportunity for annual performance bonus
Discounts on your auto insurance (underwriting approval required)
Health, dental, supplemental cancer, vision insurance and 401(k) plan
Paid Time Off Bank to include 3 days PTO available after first 80 hours worked for New Hires
Short-term and long-term disability
Flexible Healthcare and Childcare spending accounts for tax savings
Opportunities for advancement
Continuous training and support throughout your career with Alfa College tuition discounts at various colleges in Alabama
Fitness center
Onsite cafeteria
Access to onsite childcare center