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Commercial Processor - Remote Option Available

Company

Tower Hill Insurance Group LLC

Address , Gainesville, 32607, Fl
Employment type
Salary
Expires 2023-06-24
Posted at 1 year ago
Job Description
Description:

The Commercial Processor supports the Commercial Underwriting unit. In addition, the processor keeps the flow of business requests, including endorsements & other policy related documents moving through designated processes within the department. In some cases, the position requires use of independent judgment, but, typically, relies on pre-established procedures and guidelines to perform the primary job functions. Also, the role participates in compliance audits and periodic user testing of product changes, enhancements, etc.

Essential Duties:

  • Evaluates workflows & provides input on modification of same; interacts with I.T. and other Departments in the process of testing Commercial product changes &/or enhancements under guidance of management.
  • Responsible for prequalifying new business applications and renewal information for analysis and quote handling by the underwriter.Supports the Underwriting Unit in loss control tasks & compliance follow up, outstanding file documentation, and other general underwriting tasks.Enters financial & policy/rating data into rating software platform.
  • Responds to and conducts regular follow-ups with agents/underwriters/accounting/premium finance companies for additional underwriting and billing information, applications, and various payment resolutions.
  • Other projects or duties may be assigned
  • Handles a variety of commercial tasks – including data entry, property rating, policy issuance, endorsements, and cancellations.
  • Processes policy endorsements in line with authority or as approved.
  • Runs basic business analytics reports & other various operational status reports for Department management.
Requirements:

Education and Experience:

  • Completion of insurance education coursework INS 21, 22, 23 series required within 1 year.
  • 1-year to 3-years of related experience or training or a combination of education and experience.
  • Associate's degree (A. A.) or equivalent from two-year College or technical school preferred.