Disbursement Associate page is loaded## Disbursement Associatelocations:Torontotime type:Full timeposted on:Posted 2 Days Agojob requisition id:R-2207# Career Prospect## Role TitleDisbursement Associate## Purpose of roleThe Disbursement Associate is accountable for receiving, analyzing, calculating and processing disbursements; handling title changes (ownership, assignment and name changes), internal and external rollover of monies, and managing field and member inquiries related to these functions in order to satisfy our customer.## Job Description**Key Responsibilities*** Examine all relevant documents to ensure legal and contractual requirements have been met in order to proceed with the request.* Input appropriate data onto appropriate system to generate worksheets and initiate the claim settlement cheque, transfer of funds and reactivations.* Authorize issuance of settlement and/or rollover cheques in amounts up to $50,000.* Complete any additional calculations required (i.E.: cash values, dividends, tax gains, withholding tax).* Maintain pending file and undertakes follow up of any outstanding cases on a monthly basis.* Set up loan repayments, investigate and calculate loan audits.* Prepare new specification pages and makes any rider adjustments on partial surrenders.* Apply external rollover monies to certificates, notify member and verify tax source of funds.* Interpret all divorce decrees, bankruptcy, power of attorney forms to ensure validity of request.* Process monthly dividend run and reminder notices.* Assist and support other team members as required during vacation, absences and peak workload periods* Achieve or improve on established SLA‘s while identify opportunities for process improvements.* Answer inbound service related calls regarding all aspects of processing business with Foresters.* Reach out to internal and external stakeholders as needed to retrieve outstanding requirements to complete transactions.* Assist other teams within Operations as needed.* Assist with user acceptance testing and projects when required.* Quality review and provide constructive feedback.**Key Qualifications*** Related experience with knowledge of relevant state/provincial legislation.* Strong computer skills; accurate keyboarding with good basic knowledge of Word, Windows and Excel.* Excellent written and verbal communications skills.* Strong organization skills and flexible to demanding workload.* Knowledge of Foresters products.* Excellent math skills and demonstrated experience in making calculations; good attention todetail and accuracy.* Demonstrated strong customer service focus within a team environment.* Knowledge of Vantage system an asset.* Participation in LOMA or other self development* Ability to work rotating shift times between the hours of 8:00am-8:00pm, and provide coverage on some Canadian Statutory holidays.#LI-HybridSalary Range:$43,000.00 - $63,000.00 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.*#J-18808-Ljbffr

📌 Disbursement Associate - C$43,000 - C$63,000 A Year (Winnipeg)
🏢 Foresters Financial
📍 Winnipeg