Job Description
Job Description
Maintains client contact regarding coverages, policy changes and / or problems. This position has high client contact, authorizes policy changes, and makes important business decisions in commercial, and / or specialty lines of coverage.
Reviews and obtains necessary information to evaluate and process new business and renewal commercial accounts; Identifies opportunities by rounding of accounts where applicable.
MINIMUM QUALIFICATION REQUIREMENTS
- Three years of experience in Property, Casualty insurance
- Experience with Commercial insurance, business line customization, and / or rate negotiation
- High school diploma or equivalent preferred
- Producers license in Property and Casualty
- Excellent problem solving, complex business risk analysis and decision-making skills on critical business issues
- Excellent communication, organizational and time management skills
- Flexible; ability to work independently and under minimal supervision
- Performs tasks with speed, quality and accuracy
ESSENTIAL FUNCTIONS
New Business
Analyzes Risk
- Secures coverage requirements through discussions with producers and develops detailed underwriting information for presentation to insurance companies or brokers
- Collaborates with producers in reviewing complex business risk analysis, coverage recommendations and in tailoring the needs of the client in relation to market capabilities to ensure that the client obtains the most effective coverages
- Reviews quotes from companies and prepares insurance proposals for clients / producers, as required
- After proposal acceptance, discusses premium terms, offer premium financing, manages documentation to bind coverage with policy issuance instructions
- Coordinates and cooperates with other departments to achieve total account, servicing and objectives
- Assigns assistants to prepare binders, certificates, Auto ID cards and invoice, as necessary
- Advises unsuccessful quoting companies to close their files, suspends receipts of new policy
Renewals
- Reviews expiration listing with producers and determine market availability.
- Discusses renewal strategies, completes renewal applications, review quotes received and collaborates with producers in reviewing complex business risk analysis.
- Plans terms payment of premiums, offer premium financing, manages documentation to bind coverage with policy issuance instructions
- Assigns assistants to prepare binders, certificates, Auto ID cards and invoice
- Solicits renewal information from the insured
- Submits renewal instructions
- Suspends receipt of renewal policy
OTHER FUNCTIONS
- Produces daily quotes, new / renewal policies
- Processes requests from clients when agent is unavailable,
- Participates in seminars and classes for knowledge and skill development
- Maintain client files within agency management system
- Complies with company policies and procedures
- Perform other tasks as assigned
- Maintain insurance license and Continuing education requirements
WORKING CONDITIONS / OTHER REQUIREMENTS
Sitting for several hours, walking to make deliveries.
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