Life Policy Values Clerk (Contractor)

Life Policy Values Clerk (Contractor)

Location : New Haven, CT, US, 06510

Category : Operations Support

Feel Good About Doing Good

The Knights of Columbus is a tax-exempt Catholic fraternal benefit society that provides financial security to members and their families through our life insurance, long-term care insurance, disability income insurance, investment and annuity products. Charity is at the core of our missions : our profits are donated to help those in need and to support our faith - $1.73B over the past ten years.

While we have many employees who are not Catholic, we follow the Church's teachings in our investment strategies and our employee benefits. As part of our religious mission, we support the pro-life cause by contributing to the March for Life and pregnancy resource centers, we oppose assisted suicide and euthanasia, we are evangelists for the Catholic faith, and we help Christians who are facing religious persecution in the Middle East. We all work together to support our two million members as they volunteer to help others in their parishes and communities around the world.

Share Your Talent. Live Your Purpose.

We are a growing and purpose-driven community of professionals. Join us to discover how you can meet your goals and ours!

Overview

Reviews and processes requests for surrenders, loan and dividend transactions. Researches policy details to ensure transactions can be made. Enters online accounting and general accounting transactions. Responds to external inquiries and researches policy history as needed.

Core Responsibilities

Reviews surrender, loan and dividend requests from agents and customers for accuracy and availability of funds in order to process requests.

Processes policy and general accounting transactions in Life 70 and Ingenium, using appropriate codes and crediting and debiting accounts correctly; makes refunds if necessary; performs manual calculations using charts and formulas, to determine taxes owed in compliance with U.S. and Canadian tax policies, creates manual checks when necessary

Responds to telephone and email inquiries; initiates routine correspondence to provide information and resolve issues

Performs other related duties as assigned

Skills Qualifications

Understanding of KofC life insurance products

Understanding of accounting codes and transactions

Knowledge of U.S. and Canadian tax policy

Understanding of general ledger accounting and accounting codes

Basic mathematical skills

Excellent communication skills

Excellent customer service skills Systems / Technical Knowledge :

Ability to use PC and related software, including Outlook, Microsoft Word and Excel

Ability to view and enter data in Ingenium and Life70

Ability to use a calculator

Education

High school diploma

3-5 years of experience working with insurance and annuity policies

Physical Demands

Must be able to remain in a stationary position for a majority of the workday.