New Business Admin Officer

Job Description:

We are seeking a detail-oriented New Business Administration Officer to join our insurance client's life and health new business admin team. The ideal candidate will be responsible for performing pre-sales scanning, data capture, and Anti-Money Laundering (AML) checks to ensure a smooth onboarding process for new clients.

Key Responsibilities:

• Conduct pre-sales scanning to assess potential clients and identify any compliance risks.

• Perform data capture and verification to ensure the accuracy of client information.

• Execute AML checks and screening processes for new client submissions, adhering to regulatory requirements.

• Collaborate with the sales team to facilitate the onboarding process and address any potential issues.

• Maintain accurate records and documentation of client data and compliance checks.

• Assist in preparing reports related to new business activities and compliance status.

• Stay informed about industry regulations, market trends, and company policies to ensure compliance and efficiency.

• Provide support in addressing client inquiries and liaising with relevant departments as necessary.

Requirements:

• Bachelor’s degree in Business, Finance, Insurance, or a related field.

• Experience in insurance administration or related fields is preferred.

• Understanding of AML regulations and compliance protocols.

• Excellent data entry skills and attention to detail for accurate data capture.

• Proficient in Microsoft Excel and other data management tools.

• Strong communication skills, both written and verbal, with the ability to work collaboratively in a team environment.

• Ability to manage multiple tasks and prioritize effectively in a fast-paced setting.