MF
Life New Business Processor
full-time•Waverly
About this role
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.
RESPONSIBILITIES
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.
QUALIFICATIONS
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
What you'll do
- The Life New Business Processor is responsible for creating online policy records, assembling and mailing life and annuity policies, and providing support to agents and underwriters. This includes processing financial transactions and following up on medical records.
About Michigan Farm Bureau Family of Companies
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. (MACMA), Cincinnati Equitable Life Insurance Company, Gravity Works Design, LLC, and Leaders Life Insurance Company.
The Michigan Farm Bureau Family of Companies offers its employees a well-rounded, healthy working environment, including competitive compensation and benefit programs, personal development opportunities, and an onsite fitness center. Consider becoming a part of this Michigan-grown company.
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Frequently Asked Questions
What does a Life New Business Processor do at Michigan Farm Bureau Family of Companies?
As a Life New Business Processor at Michigan Farm Bureau Family of Companies, you will: the Life New Business Processor is responsible for creating online policy records, assembling and mailing life and annuity policies, and providing support to agents and underwriters. This includes processing financial transactions and following up on medical records..
Is the Life New Business Processor position at Michigan Farm Bureau Family of Companies remote?
The Life New Business Processor position at Michigan Farm Bureau Family of Companies is based in Waverly, Michigan, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Life New Business Processor position at Michigan Farm Bureau Family of Companies?
You can apply for the Life New Business Processor position at Michigan Farm Bureau Family of Companiesdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.