What are the responsibilities and job description for the Insurance Operations Analyst position at Brewer Morris?
Our client specializes in providing innovative credit-risk insurance solutions. Due to growth, they are looking for an Insurance Operations Analyst to join their dynamic team in Miami, FL.
IMPORTANT: This is not an IT role. Must be authorized to work in the U.S.
Position Overview:
As an Operations Analyst, you’ll be responsible for providing superior support to the Underwriting Unit, ensuring smooth policy servicing, data management, and continuous underwriting operations.
Key Responsibilities:
- Communicate with insurance carriers and broker partners for policy issuance and servicing.
- Work with Underwriters to obtain information for binding, closing, and continuous servicing.
- Utilize policy management system for electronic file set-up and maintenance of policies.
- Identify forms and endorsements used in policy construction.
- Record initial and ongoing premium on Excel tracking sheets including post bind transactions. Ensure transactions are registered timely and accurately.
- Maintain/exceed service standards in areas of production, service and support.
- Input and monitor accounts receivable in policy management system and tracking spreadsheets.
- Conduct premium payment and internal record audits when required.
- Handle general correspondence.
- Handle special projects as assigned.
Qualifications:
- 4-year college degree strongly preferred; equivalent work experience may substitute.
- 1-3 years of experience in an operations role within an insurance company, MGU, MGA, or agency.
- Proficient in MS Excel.
- Experience with policy management system transaction entry.
- Commitment to quality and willingness to work in a team environment.
- Must be able to function effectively and efficiently in a time sensitive environment.
- Strong communication skills, written and verbal.
- Strong organization and prioritization skills.
- High level of attention to detail.
- Flexible and adaptable to change.
- Self-motivated. Willing to go the extra mile and eager to learn new things.
Preferred Qualifications:
- Proficient in Vertafore/MGA Systems IMS insurance management system.
- Experience with dashboard creation utilizing PowerBI, Tableau, or other business intelligence tools.
Why Join them?
- Competitive base salary plus significant bonus potential (20-30%)
- Opportunity to work in a supportive and collaborative team environment.
- Exposure to a wide range of commercial insurance lines.
- Competitive compensation and benefits.
- Growth opportunities