New Business Administrator

HUB International•Vaughan, ON

3d•CA$35,000 - CA$37,000•Hybrid

About The Position

Responsible for processing all life new business that is received at HUB Financial daily. Required work functions include but are not limited to the processing of insurance policies that are allocated daily, entering all new business applications into our database which are allocated on a daily basis. While an individual may focus on one of the functions listed above each team member will be expected to be able to complete any of the required job functions of the team and will be expected to participate in regular cross training to ensure that their knowledge of the various responsibilities of the department remains current.

Requirements

Minimum High school diploma or GED
Computer training/data entry
Detail Oriented
Team Player
Excellent Communication Skills
Oral and written fluency in the English language
Data Entry experience
Experience working under deadlines
1-2 years of relevant experience

Nice To Haves

Experience in the Life Insurance and/or Investment Industry
Experience with WealthServ is an asset
Bilingual speaking is an asset
LOMA or other industry related course are an asset

Responsibilities

Enter anywhere from 25-30 applications daily
Process anywhere from 40-50 policies daily
Verify that the client information, plan and premium coverage against the issued policy
Ensure that all policies are coded to the correct broker and mail code as indicated
First review of the application to ensure that the application is completed fully and note any missing information
Verify the medical requirements and if required, ensure they are ordered
Ensure scanned documents are attached appropriately within the correct database
Service regional offices to ensure new business is processed and settled in a timely fashion
Ensure compliance to corporate procedures, industry guidelines and client instruction in all applications
Ensure accuracy of information and adhering to NIGO procedures when paperwork is incomplete or inaccurate
Update and maintain the insurance database with additions or changes to client information, client plans or policies
Other duties as assigned
Cross training with distribution