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Commercial Insurance Rater
Ref No.: 18-08306
Location: Warren, New Jersey
Position Type:Direct Placement
Experience Level: 3 Years
Start Date: 09/13/2018
 Our client is the 8th largest global insurance carrier with a strong and growing domestic presence. They are adding a Commercial Lines Rater to staff. They have a wonderful reputation and impressive committment to service. This position will sit in their home office in Warren, NJ. 

SUMMARY:  The Rater – Insurance Policy Operations provides support and assistance to Operations and Underwriting staff. This includes quoting, rating and issuing policies and endorsements, collecting data, appropriately applying rates and factors, organizing files and reports, and performing administrative and customer service duties regarding new and renewal accounts that will assist in ensuring the operations and underwriting process is handled efficiently and accurately.
MAJOR FUNCTIONS:
  • Processes documents and requests received for commercial policy issuance, changes, renewals, cancellations and reinstatements. Determines and calculates premiums for input into the rating system according to established Company procedures in a timely and accurate manner.
  • Effectively communicates with internal and external customers to obtain and relay information needed to process policies. Updates or orders reports including MVRs, credit information or loss runs in a timely manner.
  • Troubleshoots for transaction processing issues with the National Operations Department and researches and assists in resolving inquiries generated from internal and external customers (i.e. policy/account status, rating and billing issues, etc.).
  • Reviews all transactions processed to ensure accuracy.
  • Shares knowledge and expertise by participating in new departmental and/or company initiatives. Helps with training of others and partnering with IT and/or National Operations on testing of new systems and/or enhancements.
  • Performs quality control on other peers as directed.
  • Maintains current knowledge of branch goals, underwriting/rating procedures and system changes.
  • Performs other duties as assigned.
EDUCATION and/or EXPERIENCE:
  • High School diploma or GED is required. Bachelor's degree is preferred
  • Insurance related courses preferred.
  • 1-3 years related commercial lines rating experience is required
Computer Skills                                                               
Highly proficient in Microsoft Office Suite. Ability to learn and work with miscellaneous insurance-related applications.

If you are interested in this opportunity, please send your resume to nancym@arcgonline.com
*only candidates with the appropriate background will receive a reply*