Policy Admin Assistant

Manulife; Makati; Hybrid; PHP 335,000 - 536,000; Full time

Job summary

Manulife Policy Admin Assistant provides administrative support to internal and external customers such as policyholders, partners and distributors on policy admin transactions and inquiries.

Responsibilities include ensuring timely turnover, accurate benefit payouts, resolving related issues, handling disbursement requests, and liaising with Finance to ensure proceeds are credited within the agreed turnaround time. Hybrid work arrangement.

Qualifications

• 2-4 years of professional experience in the Life Insurance industry.
• Certificate in Life Insurance or Diploma in Life Insurance would be an advantage.
• Proficient in using MS Office Applications (i.e., Word, Excel, Power Point)

Responsibilities

• Ensures accurate benefit payouts in accordance with the policy details, laws and regulations.
• Assists in resolving benefits-related issues and/or concerns.
• Handling of company initiated and client-initiated disbursement requests such as traditional/variable life withdrawals, benefit/maturity and income payout.
• Deals with policyholders and agents (client interface—oral and listening skills necessary, and through correspondence) in response to various policy inquiries and other related transactions.
• Able to give ready answers to inquiries on products, interest rates, policy values and other policy information.
• Knows the processes and systems to be able to handle verification of details, responding to questions and clarifications.
• Collaborates and liaises with Finance to ensure the credit of proceeds to customer within the agreed turn-around time. Promptly reports any error/issues or concerns that could impact the process and request of the clients.
• Ensure that processes are in accordance with the company’s guidelines and procedures.
• Able to attend to other transactions such as Disbursement Batch processing and Bridger Checking

Skills

MS Office

Education

Certificate in Life Insurance

Job description

The Policy Admin Assistant provides administrative support to internal and external customers (policyholders, partners and distributors) who request for policy admin-related transactions and inquiries. Ensures that customer transactions are done within turnaround time (TAT).

Position Responsibilities

• Ensures accurate benefit payouts in accordance with the policy details, laws and regulations
• Assists in resolving benefits-related issues and/or concerns
• Handling of company initiated and client-initiated disbursement requests such as traditional/variable life withdrawals, benefit/maturity and income payout
• Deals with policyholders and agents (client interface—oral and listening skills necessary, and through correspondence) in response to various policy inquiries and other related transactions.
• Able to give ready answers to inquiries on products, interest rates, policy values and other policy information.
• Knows the processes and systems to be able to handle verification of details, responding to questions and clarifications.
• Collaborates and liaises with Finance to ensure the credit of proceeds to customer within the agreed turn-around time8. Promptly reports any error/issues or concerns that could impact the process and request of the clients
• Ensure that processes are in accordance with the company’s guidelines and procedures.
• Able to attend to other transactions such as Disbursement Batch processing and Bridger Checking

Required Qualifications

• 2-4 years of professional experience in the Life Insurance industry
• Certificate in Life Insurance or Diploma in Life Insurance would be an advantage
• Proficient in using MS Office Applications (i.e., Word, Excel, Power Point)

When You Join Our Team

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife And John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [e-mail].

Working Arrangement

Hybrid