Bilingual New Business Administrator (12 months contract)

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profile Job Location:

Toronto - Canada

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

Career Opportunity

Role Title

Bilingual New Business Administrator (12 months contract)

Purpose of role

Experienced professional overseeing the meticulous review of life insurance applications ensuring data accuracy and compliance with regulations. Proficient in adjusting premiums managing escalations processing payments and contributing to various tasks with bilingual proficiency for effective communication (French & English). Adaptable to diverse responsibilities in a dynamic business environment.

Job Description

Key Responsibilities

  • Review and verify individual life insurance applications to ensure data quality and integrity

  • Evaluate new applications to determine level of coverage and premiums using pre-set guidelines and other referencing materials

  • Perform quality checks to ensure compliance with government regulations related to licensing errors and omissions and money laundering

  • Communicate in French & English with clients and business partners internally and externally by telephone and email for outstanding requirements and other details/requirements

  • Adjust premiums or coverage according to the underwriting guidelines as requested

  • Enter/edit application information with speed and accuracy

  • Scan and file of each application into internal software systems

  • First point of contact for Escalations

  • Process payments and balance for banking

  • Complete Scorecards

  • Manage Shared Inbox

  • Assist with requirement gathering for projects and user testing

  • Other duties as required by the business

Key Qualifications

  • Education (minimum required): University degree

  • Experience (minimum required): 2-3 years of insurance administration

  • Excellent data entry skills

  • Excellent Phone Etiquette

  • Attention to detail & Typing speed of 60-70 wpm

  • 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

  • Excellent customer service skills

  • Proficient in English and French (verbal and written)

#LI-Hybrid

Please note that this posting is intended to fill an existing vacancy; however there may be instances where more than one vacancy is available for the same role.

Equal Opportunity Employment and Inclusion at Foresters Financial we are committed to sustaining an equal opportunity environment for all job applicants. We embrace Inclusion Diversity and Equity (IDE) as a core strategic objective for building strong innovative teams in which all our employees can show up wholly and authentically as themselves.

Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process please email in advance of your appointment.

Thank you for choosing Foresters. Only those candidates who will be selected for further consideration will be contacted by our Talent Acquisition Team.


Required Experience:

Unclear Seniority

Career OpportunityRole TitleBilingual New Business Administrator (12 months contract)Purpose of roleExperienced professional overseeing the meticulous review of life insurance applications ensuring data accuracy and compliance with regulations. Proficient in adjusting premiums managing escalations p...
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Key Skills

  • Business Intelligence
  • SAP BusinessObjects
  • Fiscal Management
  • Crystal Reports
  • QuickBooks
  • Accounting
  • Business Management
  • SDKs
  • System Testing
  • Administrative Experience
  • Epic
  • Oracle