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Renewal Specialist
2 months ago
Responsible for reviewing client’s renewals, looking into premium increases, identifying any gaps in coverage or coverage errors or omissions and remarketing accounts as needed.
Job Duties and Responsibilities
(Essential Job Functions)
Common job activities are listed below; actual position responsibilities may vary. Refer to your manager or human resources for specific duties and performance expectations.
Review and compare client’s current policies with their renewal policies and investigate the reason for any major increases in premium.
Identify any gaps in coverage or possible incorrect/outdated information.
Requote client’s policies as needed or as requested.
Advise client’s regarding insurance coverages, risk management issues and identify and any additional insurance needs.
Send applications/cancellation forms, issue new policies and enter information into the Agency Management System as needed.
Stay up to date on carriers’ policies, packages, coverages, discounts & underwriting guidelines.
Report immediately any circumstances that may lead to potential or actual HomeServices errors and omissions claim and/or any DOI (Dept. of Ins.) or related complaints to VP insurance operations.
Perform any additional responsibilities as requested or assigned.
Performance Expectations
Meet all performance and behavior expectations outlined in the company performance appraisal form or communicated by management.
Perform responsibilities as directed achieving desired results within expected time frames and with a high degree of quality and professionalism.
Establish and maintain positive and productive work relationships with all staff, customers, and business partners.
Demonstrate the behavioral and technical competencies necessary to effectively complete job responsibilities. Take personal initiative for technical and professional development.
Follow the company HR Policy, the Code of Business Conduct and all subsidiary and department policies and procedures, including protecting confidential company information, attending work punctually and regularly, and following good safety practices in all activities.
Qualifications
Education / Certifications:
Associate degree or equivalent work experience and knowledge.
Experience:
5+ years in personal lines customer service.
Knowledge and Skills:
Working knowledge of insurance agency operations, coverages, rates, markets, and applicable insurance laws/codes.
Thorough knowledge of all personal lines’ insurance products.
Excellent analytical, problem-solving, and decision-making skills.
Excellent oral, written, and interpersonal communication skills.
Proven automation, time management, and organizational skills.
We offer a competitive benefits package including medical, dental, vision, 401(k), paid time off and life insurance options.
Equal Opportunity Employer
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