P&C Licensed Binding Authority Specialist

Company	American Family Insurance Group
Location	Madison, WI, USA, Boston, MA, USA, St Joseph, MO, USA, Eden Prairie, MN, USA, Phoenix, AZ, USA, Denver, CO, USA, Brattleboro, VT, USA
Salary	$61000 – $101000
Type	Full-Time
Degrees
Experience Level	Junior, Mid Level

Demonstrated experience providing customer-oriented solutions or service.
Demonstrated experience using PC software applications (e.g. Microsoft Office, Internet Explorer, Outlook, Excel, etc.)
Demonstrated experience underwriting or underwriting binding authority for commercial, excess and surplus or specialty personal lines products.
Solid knowledge of state-specific regulations and system/procedural support for insurance or brokerage products such as excess/surplus products.
Demonstrated experience using reference materials, reading policy language, and processing rules and procedures.
Solid knowledge of excess/surplus policy formation, processing processes, terms and procedures.
Demonstrated written and verbal communication skills.
If unlicensed, provide proof of successful completion of the AD Banker On-Line Pre-Licensing Course for employee’s resident state before 8:00am CT the Wednesday before start date or the offer will be rescinded. Proof of successful completion is: 1. A score of at least 90% on the comprehensive exam for resident states having this exam in their coursework, and/or 2. The certificate(s) of completion for resident states requiring a pre-licensing course.

Underwrite renewals, less complex excess/surplus coverages and endorsements.
Ensure that quotes and binders are confirmed in writing and policies are formed promptly following the binding authority guidelines and statutory and regulatory compliance.
Ensure taxes and fees are correct on policies.
Review and analyzes binder quotes, shares analysis findings with agents, provides new quotes and rating premium submissions to meet production goals.
Maintain complete client documentation, record data needed to issue insurance and follow up for missing information.
Keep up to date with binding authority underwriting guidelines, best practices, and any change in regulatory or statutory environment.
Build underwriting reports and checks for consistency and reviews and handle inspection recommendations and discrepancies as suggested by the underwriter. Communicate with clients and agencies needed and work with the underwriting team to understand underwriting processes.
May complete other assignments or participate in projects based on skills, achievements, or experience.

No preferred qualifications provided.