You will be responsible for servicing, reporting, processing, and issuing policies for third-party carrier business with corporate objectives. Work with internal sales and Binding Authority teams on specialty binding authority business. Develop relationships with internal partners with a focus on efficiency and customer service.
You will be reporting to the B&A Binding Authority Manager.Compensation Minimum:$59,600/yearCompensation Maximum:$95,400/year
Compensation may vary based on the job level and your geographic work location.
Primary Accountabilities
Policy Servicing Support (40%)
- You will Issue, update, and endorse policies bound by Binding Authority Administrators. Work with members of B&A Underwriting Services team to provide an organized policy service.
- You will complete inspection requests and monitor status through policy process. Keep up to date on the process to protect carrier partners who require the information for proper risk analysis.
- Low hazard account underwriting and renewal processing. Review initial submissions and takes responsibility for initial rating work of small low hazard risks.
Process and Data Collection (25%)
- You will support Binding Authority operation with initial submission data entry to proprietary system.
- You will provide first level support for risks with special requests or special turn around needs.
- You will provide documentation of policy information for reporting purposes.
- You will provide management with ad hoc reporting.
Compliance Adherence (20%)
- You will provide reporting to carrier partners for audit requests.
- You will track policy issuance log for reporting to B&A Shared Services team.
- You will document policy requirements with issuance within carrier standards.
Industry, Division, and Team Development (15%)
- You will develop positive business relationships with co-workers and internal sales team.
- You will help research and develop new programs.
- You will develop knowledge of industry and competitor activities through review of industry publications while building and maintaining relationships with peers within the industry.
- You will work with partner carriers to develop a understanding of rating software capabilities.
- You will support divisional goals through assisting with multiple projects throughout the department.
This position is a remote role.
#LI-RemoteSpecialized Knowledge and Skills Requirements
- Demonstrated experience providing customer-driven solutions, support or service
- Basic knowledge and understanding of surplus and specialty insurance.
- Demonstrated experience using carrier quoting engines and dynamic pricing systems.
- Solid knowledge and understanding of the insurance industry and insurance-related financial concepts.
- Solid knowledge and understanding of underwriting principals.
- Offer to selected candidate will be made contingent on the results of applicable background checks
- Offer to selected candidate is contingent on signing a non-disclosure agreement for proprietary information, trade secrets, and inventions
- Our policy restricts consideration of applicants needing employment sponsorship (visa) to specialty occupations. Sponsorship will not be considered for this position
We provide benefits that support your physical, emotional, and financial wellbeing. You will have access to comprehensive medical, dental, vision and wellbeing benefits that enable you to take care of your health. We also offer a competitive 401(k) contribution, a pension plan, an annual incentive, 9 paid holidays and a paid time off program (23 days accrued annually for full-time employees). In addition, our student loan repayment program and paid-family leave are available to support our employees and their families. Interns and contingent workers are not eligible for American Family Insurance Group benefits.