Overview
New Business Administrator Jobs in Kansas City, MO at Kansas City Life Insurance Company
QUALIFICATIONS/REQUIREMENTS:
College Degree preferred
6-12 months in an office or insurance processing environment preferred
Good typing skills
Microsoft applications (Excel, Word, Outlook) desired
Ability to communicate clearly, effectively and professionally with all customers (internal and external)
Capable of working independently as well as in a team environment
DUTIES/RESPONSIBILITIES:
Submit all universal life, term, annuities, simplified issue, final expense and also includes rollovers/conversions into the insurance processing system. Verify the accuracy and completeness of the application and related documents. Determine administrative requirements for New Business processing. Process and allocate all money received
Activate policies after underwriting approval on insurance processing system, which includes policy dating, error corrections, changes, delivery requirements and drafting initial premium if necessary. Review and approve annuity and conversion applications (if applicable). Order policy pages after final check complete
Handle applications and various documents received within our electronic imaging workflow system to prepare them for submitting and/or processing of pending business. Coordinate and maintain applications within the workflow system while processing for New Business
Communicate with agent/agency concerning questions about application processing and administrative procedures by phone, fax and email. Maintain the pending write system for new apps, initiate application writes on application omissions or questions. Order requirements from third party vendors or other requirements as requested by the underwriter. Type Modification Forms, App. Cont. Forms, and/or Policy Amendments when changes are requested by the underwriter and/or agent
Process withdrawn, declined or cancelled cases; order letters, complete journal entries for refund of money. Execute replacement notifications. Mail letters checks to clients
Resolve questions, errors and system signals; calculate premiums and/or run an illustration and the ability to research rate book guidelines on all products. Cross train on other functions within New Business
Execute replacement notification by reviewing state replacement regulations to determine individual state requirements. Send notification to other insurance/annuity company along with appropriate supporting documents (if applicable). Process 1035 exchanges and fund transfer paperwork (if applicable). Follow up on these requests with other companies.
Kansas City Life Insurance Company is committed to equal employment opportunities for all individuals regardless of race, religion, color, sex, age, national origin, disability, or genetic information.
Regular and reliable attendance and punctuality is an essential function of this position
Job Type: Full-time
Benefits:
401(k)
401(k) matching
Dental insurance
Flexible spending account
Health insurance
Life insurance
Paid time off
Tuition reimbursement
Vision insurance
Schedule:
Monday to Friday
Work Location: In person
Title: New Business Administrator
Company: Kansas City Life Insurance Company
Location: Kansas City, MO
Category:
