Policy Issuance Analyst

Berkley

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profile Job Location:

Marlborough, NH - USA

profile Monthly Salary: Not Disclosed
Posted on: 15 hours ago
Vacancies: 1 Vacancy

Department:

Compliance

Job Summary

Company Details

Berkley Accident and Health (Berkley) is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics we can help employers better manage their risk. We offer a broad range of products including employer stop loss benefit captives provider stop loss HMO reinsurance and specialty accident. The key to Berkleys success is our nimble approach to risk our ability to quickly understand think through and devise a plan that addresses each clients challenges coupled with the strong backing of a Fortune 500 company. Our parent company W.R. Berkley Corporation (NYSE: WRB) is one of the largest and best managed property/casualty insurers in the United States.

This role will be based in one of our offices:

  • Hamilton Square NJ
  • Harleysville PA
  • Marlborough MA

We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

#LI-AV1 #LI-HYBRID

The Company is an equal employment opportunity employer.

Responsibilities

Berkley Accident and Health is seeking a Policy Issuance Analyst to support high-activity sales managers and client relationship managers by preparing reviewing and issuing policy addition the role assists with the review and coordination of vendor agreements to ensure alignment with company standards and compliance requirements.

Will prepare and issue stop loss contracts for all new and renewal business. The position will create efficiency using technology and be a consistent model that can be scaled when additional company growth is achieved.

  • Review policy documents for accuracy and compliance with terms of contract
  • Follow up with producer for missing information to complete application
  • Prepare all documents necessary for stop loss contract and renewal schedules for distribution to Client Relationship Manager
  • Review prepare and issue new business and renewal policies for our business segments. Must be able to identify any gaps prior to issuance
  • Maintain track and coordinate Company Reinsurance Agreements along with confirming annual commutations have been dispersed
  • Develop and maintain relationships with both internal and external parties
  • Demonstratedproficiencyin learningperformingand instructing others in accurately processing all policy transaction processes (endorse renew etc.)
  • Lead cross-functional teams to improve policy issuance workflows
  • Independently resolve escalated policy issues and recommend solutions to management

  • Ability to independently perform all policy transactions (endorsement renewal etc.) with little to no

  • oversight/guidance required

  • Inform supervisor/manager of any trending underwriting concerns immediately

  • Provide assistance in the development of process flows for new and renewal business

  • Actively support professional & technical skill development of other team members

  • Analytical thinking and attention to detail

  • Other duties as assigned to support the Company

Qualifications

  • HS Diploma Required
  • College degree preferred or 3-5 years work experience in insurance operations underwriting support policy administration or similar role
  • Strong knowledge of policy issuance and renewal process
  • Experience reviewing contracts
  • Group Insurance experience preferably medical stop loss
  • Highly capable with Windows Outlook and other communication package software (ability to learn and understand ways to organize high activity)
  • Attention to Detail Applies thoroughness and accuracy to all aspects of work product
  • Strong communication skills both verbal and written
  • Strong time-management and organizational skills
  • Must exhibit professional behavior at all times while representing or being identified as an employee of the company
  • Establish and maintain positive working relationships with all operational areas management and staff to further the companys mission
  • Strong consulting and interpersonal skills with an ability to interact with brokers clients and service vendors.
  • Demonstrate the ability to lead projects mentor other and drive process improvements

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms.

The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:

Base Salary Range: $70-80k
Benefits: Health Dental Vision Life Disability Wellness Paid Time Off 401(k) and generous Profit-Sharing plans

The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role

Required Experience:

IC

Company DetailsBerkley Accident and Health (Berkley) is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics we can help employers better manage their risk. We offer a broad ra...
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About Company

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Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.

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