Banking, Insurance, and Other Financial Clerks perform some or all of the following duties:

• Compile records of deposits, withdrawals, loan payments, securities transactions, and cheques
• Process loan and mortgage applications, drafts, money orders, and term deposits
• Balance ATM transactions and ledger entries
• Calculate service charges and interest payments
• Answer enquiries about banking products and services
• Sell foreign currency, travellers’ cheques, and rent safety-deposit boxes
• Open and close accounts
• Process enrolments, cancellations, claims, and policy changes
• Verify coverage, premiums, and client information
• Calculate premiums, pension benefits, and annuity payments
• Maintain insurance records and claims data
• Respond to customer enquiries
• Maintain real estate and securities listings
• Process financial transactions
• Sort and verify documentation
• Reply to correspondence and customer enquiries

These are the typical employment requirements and benefits associated with this occupation in Canada:

• Completion of secondary school is usually required.
• A business college diploma may be required by some employers.
• Employer-specific on-the-job training is typically provided.
• Short-term training programs related to financial institutions may be required for some roles.
• Many employers offer paid leave, health benefits, pension contributions, and other workplace benefits depending on the organization and sector.