Rating Specialist

Rating Specialist

Job Summary

Seeking a detail-oriented and motivated Rating Specialist to join a team. This role offers an exciting opportunity to develop expertise in rating multiple lines of business while collaborating with underwriting teams to deliver accurate and timely insurance products.

Compensation Package

• Hourly Rate: $21.00/hour during the temporary period.
• Conversion Salary: $45,000 annually upon permanent hire.

Responsibilities

• Develop knowledge of rating 1-3 lines of business using automated and manual methods.
• Accurately issue policies, quotes, endorsements, and transactions for small and middle-market businesses.
• Collaborate with Underwriters and Underwriting Technicians to ensure timely and accurate product delivery.
• Utilize automated systems (POS, PMS, ACT) and manual methods for rating and issuance tasks.
• Interpret issuance and rating instructions for various transactions, including new business, renewals, endorsements, and cancellations.
• Provide customer service support by handling inquiries, resolving errors, and addressing requests.
• Stay updated on compliance, procedural, system, and workflow changes.
• Foster strong relationships with underwriting teams and act as a resource for high-priority tasks.
• Serve as the "Account Owner" for assigned package policies, ensuring coordinated issuance.
• Participate in projects, focus groups, and mentoring activities as assigned.

Qualifications/Requirements

• Education: Associate degree preferred but not required.
• Experience: 2+ years of relevant insurance industry experience preferred.
• Technical Skills: Proficiency in MS Office Suite.
• Strong problem-solving skills with the ability to investigate, collaborate, and propose solutions.
• Demonstrated ability to mentor and share knowledge with others.
• Commitment to accuracy and producing professional work.
• Customer service-oriented with the ability to anticipate and address customer needs.
• Strong communication skills, both verbal and written.
• Ability to work independently and as part of a team.
• Proactive in identifying and resolving discrepancies in data or information.

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