Job Duties for Banking, insurance and other financial clerks
Bank clerks
- Compile records of deposits, withdrawals, loan and mortgage payments, cheques and purchase, sale and exchange of securities
- Process loan and mortgage applications, loan and mortgage payments, retirement savings plan applications, term deposits, drafts and money orders
- Verify and balance automatic teller machine transactions and ledger entries, calculate service charges and interest payments and notify customers regarding account discrepancies and captured bank cards
- Answer enquiries and provide information on banking products, policies and services
- May sell drafts, money orders, travellers' cheques and foreign currency, rent safety deposit boxes and open and close savings, chequing and other accounts.
Insurance clerks
- Process enrolments, cancellations, claims transactions, policy changes and premium payments
- Review insurance applications and verify insurance coverage, premiums paid and other insurance information
- Calculate insurance premiums, pension benefits and annuity payments
- Compile and maintain claims data, rates and insurance data and records
- Answer enquiries and provide information on insurance products, policies and services.
Other financial clerks
- Compile and maintain rental, sale and other real estate listings
- Compile and maintain stock, bond and other securities listings
- Sort, verify and process real estate, securities and other financial transactions
- Answer enquiries and reply to correspondence.
Working Conditions for Banking, insurance and other financial clerks
Work is performed indoors while sitting for extended periods at a desk. Answering questions and attending to client needs may become fast-paced.
Alternate Job Titles
- Accounts Clerk - Financial Sector
- Accounts Representative - Financial Sector
- Actuarial Clerk
- Application Reviewer - Insurance
- ATM (automatic Teller Machine) Clerk
- Automatic Teller Machine (ATM) Clerk
- Bank Clerk
- Benefits And Entitlement Clerk - Insurance
- Brokerage Clerk
- Calculation Clerk - Insurance
- Claims Clerk - Insurance
- Clerk - Financial Sector
- Contract Clerk - Financial Sector
- Control Clerk - Financial Sector
- Credit Application Clerk - Financial Sector
- Credit Assessment Clerk
- Credit Authorization Clerk
- Credit Clerk
- Credit Register Clerk
- Death Benefits Clerk
- Dental Claims Clerk
- Disability Benefits Clerk - Insurance
- Discount Clerk - Financial Sector
- Dividend Calculation Clerk
- Dividend Calculation Clerk - Financial Sector
- Employee Insurance Clerk
- Exchange Rate Clerk - Financial Sector
- Financial Clerk - Financial Sector
- Foreign Currency Accounts Adjuster - Financial Sector
- Foreign Exchange Clerk - Financial Sector
- Foreign Remittance Clerk - Financial Sector
- Group Insurance Clerk
- Hospital Insurance Clerk
- Insurance Clerk - Financial Sector
- Insurance Rater
- Interest Clerk
- Ledger Control Clerk
- Ledger Control Clerk - Financial Sector
- Ledger Control Officer - Financial Sector
- Liability Clerk - Financial Sector
- Loan Clerk - Financial Sector
- Margin Calculation Clerk - Financial Sector
- Mortgage Clerk
- Pension Administrator - Insurance Company
- Pension Plans Clerk - Insurance
- Personal Credit Lines Clerk
- Personal Lines Clerk - Insurance
- Policy Change Clerk - Insurance
- Policy Clerk - Insurance
- Policy Information Clerk - Insurance
- Premium Rater - Insurance
- Proof Clerk - Financial Sector
- Property And Equipment Insurance Clerk
- Property Clerk
- Real Estate Clerk
- Realty Clerk
- Reconciliation Clerk - Financial Sector
- Renewal Clerk - Financial Sector
- Reserves Calculation Clerk - Financial Sector
- Safety Deposit Box Clerk
- Savings Accounts Clerk - Financial Sector
- Securities Clerk - Financial Sector
- Senior Claims Clerk
- Special Endorsement Clerk - Insurance
- Superannuation Clerk - Financial Sector
- Surgical-medical Claims Clerk - Insurance
- Valuation Clerk - Financial Sector
- Vault Attendant - Financial Sector
- Actuarial Clerk
- Bank Clerk
- Credit Clerk
- Dental Claims Clerk
- Dividend Calculation Clerk
- Insurance Clerk - Financial Sector
- Insurance Rater
- Ledger Control Clerk
- Loan Clerk - Financial Sector
- Mortgage Clerk
- Premium Rater - Insurance
- Real Estate Clerk
- Securities Clerk - Financial Sector
- Banking Specialist
- Client Service Representative
- Personal Banking Associate
- Customer Experience Associate
- Customer Service Representative
- Customer Service Representative
- Teller