Rating Specialist – Renewal

Rating Specialist – Renewal

Requirements

• Knowledge of insurance industry and its products and services such as Auto, Workers Comp, Package and Specialty lines within Commercial business.
• Strong written, verbal, and interpersonal communication skills.
• Be a proven performer against goals and metrics.
• Ability to handle multiple tasks and prioritize work with a demonstrated sense of urgency.
• Vast knowledge of Microsoft Office suite, with a proficient level of experience directly within Excel, and other business-related software.
• Analyzes all available data, guidelines, and metrics to make logical, well-informed, creative, and effective decisions.
• Takes ownership and accountability for resolving issues in a timely manner.
• High school diploma, GED or equivalent.
• Typically, at least 3 years of multi-line Commercial Specialty lines or prior Rating/ Underwriting experience.

Responsibilities

• Reviews incoming business transactions and related information for completeness, accuracy, and quality.
• Works with Underwriter, Underwriting Technician or Associate to resolve any discrepancies and process New or Renewal business related transactions in a timely manner.
• Performs rating to support New or Renewal business quotes for multiple lines of business.
• Performs manual rating functions for non-system supported coverages.
• Gathers third party data and insurance application data to record information in predictive modeling tools that enable the underwriter new business risk selection and pricing decision process.
• Regularly reviews department processing guidelines and procedures and provides recommendations as necessary to modify existing guidelines to ensure accuracy.
• Determines workflow activities required to process insurance policy based on line of business.
• Responds to policy service requests from Underwriters, Underwriter Associate and or Underwriting Technician for all levels of complexity across multiple lines of Middle Market business.
• May act as a resource for questions to less experienced peers.
• May perform additional duties as assigned.

Preferred Qualifications

No preferred qualifications provided.