Farm Bureau Insurance of Michigan · 1 day ago
Life New Business Processor
Farm Bureau Insurance of Michigan is seeking a Life New Business Processor to join their Life New Business Department. The role involves providing quality support services to agents and underwriters by creating policy records, processing financial transactions, and ensuring the completeness of applications.
Auto InsuranceCommercial InsuranceFinancial ServicesHealth InsuranceInsuranceLife InsuranceProperty Insurance
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
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