What are the responsibilities and job description for the Insurance Renewal Specialist position at The Escrow Firm Inc?
Job Duties and Responsibilities
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. (30-40%)
- Advise client's regarding insurance coverages and risk management issues. Identify any additional insurance needs, gaps in coverage or possible incorrect / outdated information. (20-30%)
- Requote client's policies as needed or as requested. Send applications / cancelation forms, issue new policies and enter information into the agency management system as needed. (20-30%)
- Stay up to date on carriers' policies, packages, coverages, discounts and underwriting guidelines. (5-10%)
- Report immediately any circumstances that may lead to potential or actual HomeServices errors and omissions claims and / or any Department of Insurance or related complaints to VP, Insurance Operations and CEO. (0-5%)
- Perform any additional responsibilities as requested or assigned. (0-5%)
Performance Expectations
Qualifications
Education :
Experience :
Knowledge and Skills :
Other (licenses, certifications, schedule flexibility / OT, travel, etc.) :
Wage : $21.00 - $26.44 hourly; actual wage is based upon education and experience. Potential for formulary incentive plan / discretionary bonus, based on financial results.
Benefits : Full suite of benefits including Medical, Health Savings Account, Dental, Vision, Life Insurance, Paid Vacation (PTO), 401(k) with employer match, Flexible Spending Account, and Employee Assistance Program (EAP).
Equal Opportunity Employer
Salary : $21 - $26
