Broker Assistant Job Chicago area,Illinois USA,Insurance

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

Serves as a partner to Broker providing superior support regarding all policies and key accounts. Provides high quality service to agents and companies.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Respond promptly to all requests from brokerage team, underwriters or retailers regarding account servicing issues.

Interact regularly with clients and underwriters regarding policies, recommending additional coverages as needed or requested and respond to queries and concerns ensuring prompt resolution.

Accurately explain coverages and liabilities to agents and/or clients.

Provide and/or assist with quotations for new business, renewals and endorsements through managing all company correspondence in a timely manner.

Develop a professional rapport with clients and underwriters to enhance new and ongoing business relationships.

Manage all account documentation.

Initiate and coordinate renewal activity on assigned accounts.

Initiate cancellation and non-renewal notices according to statutory and contractual requirements.

Analyze policies, endorsements, audits, reporting forms and cancellations and initiate necessary corrections to ensure accuracy of dates, coverage, signature, commission, premium, attachments, etc.

Facilitate the flow of information from agents and underwriters.

Maintain suspense system and follow-up for receipt of policies, endorsements, inspections reports, correspondence, claims, etc. from outside sources.

Process binders, invoices, and tax filings forwarding the binder and invoice to the agent.

Monitor accounting (payment, collections, taxes, etc.) anticipating and preventing problems when possible.

Provide supervision to Technical Assistants.

Assist Associate Brokers and Brokers with duties as needed.

Maintain current knowledge of the insurance industry and sales ideas through regular attendance of workshops, seminars, literature reviews and/or formal continuing education.

QUALIFICATIONS

Required Qualifications:

One year of wholesale insurance experience

State specific Insurance License

Technical Assistant experience or three years of general insurance experience

Must be able to understand and analyze necessary components of insurance policies

Ability to make independent decisions following CRC guidelines with minimal or no supervision

Good organizational, time management, and detail skills

Extensive knowledge of insurance and CRC processes

Ability to maintain a high level of tact and professionalism

Good leadership skills to influence other assistants in a positive manner

Possess strong interpersonal skills

Strong verbal and written communication skills

Strong computer and office skills

Ability to work extended hours when necessary

Preferred Qualifications:

College degree with a concentration in business or equivalent work experience

The annual base salary range for this position is $50,000- $55,000/yr.

General Description of Available Benefits for Eligible Employees of CRC Group:

At CRC Group, we're committed to supporting every aspect of teammates' well-being – physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match.

CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for…


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