Group Administration Overview
Group Insurance and Voluntary Life Insurance Administration
The Montcalm & Associates team performs both traditional benefit administration functions as well as third party administrator functions such as:
- member enrollment, manually or online, record keeping and correspondence with insurers and employees;
- remittance payment forwarding to insurers using the traditional mail system or electronic banking systems;
- invoice preparation by department, division or company;
- database management which enables changes in member eligibility, coverage, beneficiary, dependants, addresses, marital status, statutory reporting; and benefit and trust fund accounting.
Where we really stand out, is by encouraging employers and employees to direct their questions to our office rather than to the insurance companies. It offers our company the opportunity to ensure that every employee's concerns are addressed professionally and promptly.
The result is the freeing up of busy accounting or human resource professionals from the day to day management details of company benefit plans.
