Commercial Insurance Associate

POSITION SUMMARY:

The Commercial Insurance Associate is responsible for conducting client research, supporting the pre and post-renewal process, and preparing client deliverables for commercial lines (i.e., property and casualty), and financial lines (i.e., D&O/E&O Cyber).

DUTIES & RESPONSIBILITIES: Duties will include, but are not limited to the following:

Work in a team environment to provide insurance solutions for new and existing clients

Compliance with BFSI policies and procedures manual; support quality assurance process

SPECIFIC TASKS:

Utilize system capability (AMS) properly to maintain complete and accurate data and documents

Invoice Agency Bill accounts

Set up Premium financing and assist with premium payment.

Issue certificates of insurance

Complete Surplus Lines filing

Assist with premium payment follow-ups

Assistance with follow up tasks for Account Managers and Account Executives

Order Loss runs and prepare loss summaries

Prepare claims reporting manuals

Prepare client presentations, reports, documents, premium summaries, etc.

Participate in renewal strategy meetings with service team and Producers

Develop insurer quotes and analyze/compare the quotes for difference is premium and coverage

Participate in underwriter discussions with account team

Maintain/create reference materials (vendor lists, insurer minimum requirements) on behalf of the team

Assist in business and industry research for a prospect

Maintain privileged and confidential information

JOB REQUIREMENTS (SKILLS/ABILITIES):

Work really hard – let’s not confuse effort with results

Embrace Failure – if you are not failing, you are not pushing your limits, and if you are not pushing your limits, you are not maximizing your potential.

Be growth oriented – want to be part of a growing business

Impact the business – deliver unexpected client results; take personal accountability

Intellectual curiosity – willingness to learn

Initiative – find practical solutions for our clients

Open to feedback – seek constant improvement; understand your strengths and opportunities for improvement

Operates with uncertainty – open to new experiences as a means of self-improvement

Teamwork – work well with others, proactively share information with colleagues

Professional manner – high standard of performance and integrity

Think strategically – make thoughtful decisions

Communication – listens well; concise and articulate in speech and writing

REQUIREMENTS:

1+ year(s) of relevant insurance industry experience

Bachelor’s Degree is required

Appropriate state licensing required at time of hire or achieved within 90 days of hire date

Insurance industry designations are preferred

Intermediate level of experience with Excel and PowerPoint