Property and Casualty - Broker - Account Manager (Client Manager)
Downtown, Chicago based insurance administrator is seeking a full-time Associate Director for our Property & Casualty department. EIIA, Inc. is a member-driven consortium of private, faith-inspired colleges, universities and seminaries providing innovative insurance and risk management services. To learn more about our company, please visit our website at www.eiia.org.
The Associate Director for Property & Casualty is responsible for maintaining and servicing insurance policies, coordinating, documenting, and reviewing coverage placements and ensuring that all insurance policies are saved, bookmarked, and complete. There will also be responsibilities in calculating premiums and invoicing. The Associate Director is also responsible for collecting, managing, and manipulating a large quantity of data which will be used to support renewal submissions.
The work location is a Downtown, Chicago office.
Significant Job Responsibilities:
Maintain and service insurance policies
a. Review policies for accuracy and completeness
b. Track the issuance of endorsements including correct premium adjustments
c. Post policies in the system for delivery to member institutions
d. Maintain data for policy coverage (i.e. UST, Flood Exposure property, Drones)
Policy documents and reports
a. Produce coverage summaries for assigned coverages
b. Ensure that correct data is entered to produce policy inventory and other reports for the institutions
c. Assist in distribution of documents to the institutions
Coordinate completion of insurance regulatory forms by institutions and submit to carriers (i.e. auto, UI/UM)
Work with carrier on distribution of regulatory documents (i.e. auto ID; WC posting notices)
Maintain and coordinate open items with underwriting carriers and other service providers
For individual policies, as assigned (includes surety bonds and NFIP)
a. Work with institution to apply for new coverage, quotes and renewals
b. Ensure that each gets renewed properly
c. Produce invoice for institution and deliver
d. Verify and approve vendor invoices
e. Ensure that P&C documentation is maintained appropriately
i. Policy quotations
iv. Policies including endorsements
Organize and coordinate exposures audits
a. Work with carrier to complete audits
b. Review exposure audits for accuracy
c. Work with institutions and auditors on discrepancies
d. Deliver to institutions
Premium Allocation team member
a. Work with the Executive Director of Property & Casualty in the review and implementation of the Board approved Premium Allocation.
b. Review premiums for accuracy and perform analysis to detect errors
Prepare marketing submissions
Experience Modifier review, submit necessary corrections, and maintain for renewal and audit
Verify premiums and taxes and facilitate the payments to carriers for assigned coverages
Oversee Special Events program
Certificates of Insurance produce and work with institutions and RM Directors to reflect proper coverage through issuing COI or coordinating issuance with brokers
Assist Vice President of Property & Casualty (VP P&C) with prospect proposals
Prepare and arrange for delivery of presentation materials for the team
Required Qualifications: To perform this job successfully, an individual must be able to perform each essential duty accurately. The requirements listed above are representative of the knowledge, skill, and/or ability required. Required to obtain and maintain Producer license.
Preferred Qualifications: Associate in Risk Management (ARM) a plus. Experience in Insurance is desired.
Education and Experience: Bachelor's Degree is desirable and a minimum of five (5) years experience. Must have experience and extensive knowledge in commercial property and casualty insurance coverage and the ability to read and interpret insurance policies.
Primary Skill Sets: This position requires customer service skills along with strong analytical skills; the ability to carry out responsibilities independently with minimal to moderate-level supervision; the ability to easily adapt to workload demands; a keen eye for details; ability to demonstrate knowledge of the importance of strategic decision making and prioritization; dependability; creativity; self-starter; team participation; accountability; and proficiency in the use of Microsoft Outlook, Word, Excel, PowerPoint and the ability to learn new systems.
Background Check Required