Disbursement Associate

Disbursement Associate

Purpose of role: The 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.

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 undertake follow up of any outstanding cases on a monthly...