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. Underwrite renewal business with minimal supervision of an underwriter.

2. Calculate and process endorsements and policy cancellations

3. Provide necessary instruction to Underwriting Assistants.

4. Solicit and prepare renewal files and follow up with brokers for underwriting documentation.

5. Follow up with brokers for outstanding binding subjectivities and review information accordingly.

6. Review and process policy servicing requests (endorsement, audits, Company requests, Certificates, Premium Finance Notices and Cancellations, etc.).

7. Invoice and process new business and renewal binders, premium bearing endorsements, and cancellations according to internal and Company guidelines.

8. Establish New Submissions in the clearance system and handle according to established procedures.

9. Produce cancellation and non-renewal notices according to statutory and contractual requirements.

10. Manage underwriting files on accounts in which policies are not issued and handle according to Company and internal established procedures.

11. Maintain pending / suspense system per established procedures.

12.Provide excellent customer service to brokers.

13. 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 experience

2. One year of wholesale insurance experience

3. State specific Insurance License required

4. Underwriting Clerk experience or three years of general insurance experience

5. Must be able to understand and analyze necessary components of insurance policies

6. Must have knowledge of commercial multi-line underwriting and rating

7. Must have ability to use company automation to include Windows, Delphi, Word, DocuCorp, and Rackley ISO Rating Software

9. Ability to work in a team environment essential

10. Maintain current knowledge of the insurance industry

11. Good written and verbal skills

12. Ability to work extended hours when necessary

The annual base salary for this position is $55,000.00 - $70,000.00

Must have the ability to work West Coast hours

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation : 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 Truist offering the position.

Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.

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.

Last updated : 2024-04-28