Life New Business Processor jobs in United States
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Michigan Farm Bureau Family of Companies · 1 day ago

Life New Business Processor

Farm Bureau Life Insurance Company of Michigan is seeking a Life New Business Processor to join their team. The role involves providing quality support services to insurance agents and underwriters, including creating policy records and processing financial transactions.

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Responsibilities

Create online policy records efficiently and accurately
Assemble, check, and mail life and annuity policies along with necessary supporting documents, such as amendments, billings, and other correspondence necessary to assure proper and legal policy form
Provide underwriting and agent support by ordering necessary underwriting requirements, keying and verifying data, reviewing applications for completeness, alpha indexing, preparing policy files, sorting, delivering and processing mail, and retrieving files
Order and follow up daily on medical records until they are received
Process all financial transactions relating to an individual new business file, including rollovers, transfers, commission adjustments, medical fees payment, general premium accounting and list bill processing

Qualification

Life insurance experienceLife/annuity productsInsurance environment experienceDesignations in FLMICLUFALULLIFChFCLearn quicklyWillingness to pursue trainingAssociate’s degree in insuranceCertification in LOMA Level I

Required

High school diploma or equivalent required
Six to twelve months' employment in insurance environment required
Life insurance experience required
Previous experience as a Life Processor or equivalent experience required
Knowledge of life/annuity products required
Ability to learn quickly. Willingness to pursue continuing job related training and education required

Preferred

Associate's degree preferred with focus on insurance, business administration, finance or management
Designations in FLMI, CLU, FALU, LLIF and/or ChFC preferred, or actively being pursued
Certification in LOMA Level I preferred

Company

Michigan Farm Bureau Family of Companies

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Michigan Farm Bureau and the following Affiliated Companies constitute the Michigan Farm Bureau Family of Companies: Michigan Farm Bureau, Farm Bureau Mutual Insurance Company of Michigan, Farm Bureau Life Insurance Company of Michigan, Great Lakes Ag Labor Services, LLC, MFB, Inc., Michigan Agricultural Cooperative Marketing Association, Inc.

Funding

Current Stage
Late Stage

Leadership Team

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Scott Piggott
Chief Operating Officer
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Patrick Carpenter
Managing Partner
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