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Foresters Financial

Bilingual New Business Administrator (12 months contract)

Reposted 10 Days Ago
Be an Early Applicant
In-Office
Toronto, ON
Junior
In-Office
Toronto, ON
Junior
Oversee the review of life insurance applications, ensure data accuracy, manage escalations, and process payments. Bilingual communication in French and English is required.
The summary above was generated by AI
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, 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 DescriptionKey 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

Salary Range:

$40,000.00 - $55,000.00

The actual base salary for this position will depend on several factors, including job-related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.

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 [email protected] 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.

Top Skills

MS Office
HQ

Foresters Financial Toronto, Ontario, CAN Office

789 Don Mills Road, Toronto, Ontario, Canada, M3C 1T9

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