New Business Administrator
Core
Process life insurance applications from submission to commission settlement, ensuring compliance and accuracy for independent advisors.
Role type
New Business Administrator
Builds
Policy contracts and commission settlements for independent insurance advisors
Domain
Insurance / Financial Services
Deliverable
client delivery
Required skills
data entry, case management, underwriting requirements coordination, carrier communication, policy review, settlement processing, system data entry (WealthServ)
Preferred skills
industry designations (FLMI, ACS, AIAA), high-volume work handling, time management
Technologies
WealthServ, Microsoft Office (Outlook, Word, Excel, PowerPoint)
Responsibilities
Process new business applications ensuring issue and settlement steps are compliant and accurate; assume ownership of assigned files and resolve process blockers; order underwriting requirements and confirm medical/financial documentation; prepare mailing requirements for carriers and advisors; maintain contact between carriers and advisors regarding application status; review issued policies for accuracy; settle policies by obtaining necessary signatures; record progress in WealthServ; resolve underwriting case issues; verify and update carrier feeds.
Seniority
Mid-level, hands-on IC
