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Regular or Temporary:Regular
Language Fluency:
English (Required)
Work Shift:1st shift (United States of America)
Please review the following job description:
Organize and coordinate the servicing of new and renewal accounts according to Company guidelines and instructions from assigned Underwriter. Provide high quality professional service to Companies.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.1. Enter New Submissions in the clearance system and handle according to established procedures.2. Prepare and model new and renewal business as directed and supervised by an Underwriter.3. Review policies, endorsements, audits, cancellations, etc., resolve any discrepancies and make changes, as needed.4.
Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).5. Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and Company guidelines.6. Produce cancellation and non-renewal notices according to statutory and contractual requirements under the direction of assigned Underwriter.7. Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.8. Maintain pending/suspense system per established procedures.9. Maintain account files in accordance with company policy.10. Perform other duties as assigned.
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.1. College degree with a concentration in business or equivalent work experience2. Able to understand and analyze necessary components of insurance policies/certificates3. Strong knowledge of underwriting processes, including classification principles, rating, contract administration, proposal/new business/renewal issuance and property valuations4.
Knowledge of commercial multi-line underwriting and rating5. Ability to use company automation systems6. Ability to develop, foster and maintain an excellent working relationship with clients7. Ability to work in a team environment8. Ability to maintain current knowledge of the insurance industry9. Good written and verbal skills10. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products11. Ability to travel, occasionally overnight
Preferred Qualifications:
1. Insurance experience2. State-specific insurance license3. Ability to work extended hours, when necessary
General Description of Available Benefits for Eligible Employees of TIH:
All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of TIH Insurance Holdings, LP (TIH) offering the position. TIH offers medical, dental, vision, life insurance, disability, accidental death and dismemberment and tax-preferred savings accounts, along with other voluntary benefits. All regularly scheduled teammates (not temporary or contingent workers), regardless of the number of scheduled hours, can contribute to a 401(k) savings plan and you become eligible for Company matching contributions after one year of service and attainment of age 21.
Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on TIH’s generous benefit plans, please visit our Benefits site. Eligible employees may have the opportunity to participate in a deferred compensation plan and/or have an ownership interest in TIH in the form of profits interest or capital interest. As you advance through the hiring process, you will learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
This position is part of TIH.Truist Financial Corporation has completed the sale of Truist Insurance Holdings (TIH). As a result, TIH is a separate company from Truist Bank as of May 6, 2024. Refer to the news release for details.
TIH Insurance Holdings, LP (TIH) supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. TIH is a Drug Free Workplace.
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