Insurance Industry Coordinator
6 days ago
We are seeking a highly skilled Insurance Industry Coordinator to join our team at Weichert Companies in Morris Plains, NJ. This role involves providing exceptional customer support and administrative assistance to our Account Executives and Account Managers.
About the RoleAs an Insurance Industry Coordinator, you will be responsible for preparing and processing necessary documentation related to the sale of new insurance policies. Your duties will include:
- Collaborating with internal teams, customers, realtors, mortgage companies, attorneys, and settlement companies to ensure seamless transactions.
- Providing accurate and timely documentation to carriers, including working with web-based insurance platforms and adhering to agency requirements.
- Preparing and sending binders, paid receipts, invoices, ID cards, and other relevant documents to stakeholders.
- Obtaining quotes through the PL Rater system and updating them for delayed closings to prevent premium and coverage discrepancies.
- Managing the flow of insurance applications, trailing documents, supplemental forms, and agency required forms.
- Ensuring all required documents are collected, payments are processed, and policies are issued in a timely manner.
To succeed as an Insurance Industry Coordinator, you should possess the following skills and qualifications:
- High school diploma or equivalent.
- Associate's or Bachelor's degree preferred.
- Property & Casualty license preferred.
- One (1) to two (2) years of experience in the insurance or banking industry preferred.
- Familiarity with traditional insurance products and basic understanding of typical insurance carriers.
- Proficiency in Microsoft Office suite and ability to multitask in a fast-paced environment.
- Good communication and math skills, including attention to detail and basic math calculations.
- Knowledge of office equipment and software.
The estimated annual salary for this position is between $45,000 and $65,000, depending on qualifications and experience.
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