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Disability Claims Administrator
2 weeks ago
Permanent Full Time
The Disability Claims Administrator is primarily responsible for calculating and issuing long-term disability benefit payments. This includes interpreting contractual provisions to determine benefit entitlement including offsets and tax requirement utilizing the payment and management systems. Handling of all calculation related inquiries and managing the maintenance of long term disability claims in accordance with contractual and corporate policy.
**What you will do**:
- For new claims, complete the financial information including the initial benefit calculation, the DLR and waiver reserve set up
- Calculate and issue long-term disability benefit payments
- Perform straight forward LTD benefit calculations including inflation protection, cost of living increases, rehabilitation and partial period calculations in accordance with contractual provisions
- Perform straight forward Under/overpayment calculations; follow up for repayment; processing BEN refunds and adjustments
- Explain benefit calculations and payments, including tax issues to customers over the phone or in writing
- Follow-up CPP
- For maintenance of long-term disability claims, request and assess medical updates, verify other income calculations and follow ups as required
- Other administrative and financial duties in support of claims teams as required
- Handling data verification and exception reports to resolve system discrepancies
**What you will bring**:
- Post-secondary education with a strong financial background or equivalent related experience
- Excellent mathematical and analytical skills
- Demonstrated organizational and time management skills
- Excellent oral and written communication skills
- Team player with demonstrated customer service skills
- Proficient in using Microsoft (Outlook, Word, Excel) and possess the aptitude for learning additional industry-related software
- Critical thinking and problem-solving abilities
- Ability to remain flexible, work as part of a team as well as independently
- Reliability Status security clearance - this is a personnel security status that is required before an employee can gain access to Protected B information, assets or work sites as outlined by the Government of Canada website
The base salary for this position is between $38,300-$51,800 annually. This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.
Be your best at Canada Life
Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.
You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.
Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.
Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations.
We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.
Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.
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