New Business Processor

OBJECTIVE

Life New Business Processor Objective

To be an effective team member of the Life New Business Department. To provide quality support services in a prompt and professional manner to Farm Bureau Insurance agents and underwriters.

Life New Business Processor 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.

Life New Business Processor Qualifications

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.

PM19