Acadia Insurance (a Berkley Company) ยท 1 day ago
Rater
CT, West Hartford - 433 S Main Street Suite 200
Full-time
Onsite
Entry Level
2+ years expAcadia Insurance, a Berkley Company, is seeking a Rater to support all phases of the underwriting and policy servicing processes. The role involves operational support, policy transaction processes, and ensuring compliance with underwriting guidelines.
Commercial InsuranceInsurance
Responsibilities
Demonstrated ability to learn and accurately perform multiple policy transaction processes (rate, endorse, renew, cancel, etc.) as defined in written procedure documents
Navigate across multiple IT systems to rate and issue truck business
Review, examine and evaluate documents including declarations, applications, signed forms, MVRs, and all amendments to policies to ensure compliance with established company underwriting guidelines
Interpret and analyze underwriting manuals/guidelines, rating manuals, forms, and workflows for commercial lines business
Assume responsibility for defining, managing and training others on specified policies and procedures
Measure and perform monthly analysis of completed policy transactions to confirm accuracy and identify potential improvement opportunities
Handle various requests and/or inquiries from agents, retailers, insureds by phone and written correspondence
Inform supervisor of any underwriting issues immediately
Perform administrative duties for the department including writing reports and business correspondence
Provide back-up services for others in the department
Provide assistance in the development of process flows for new program
May perform other functions as assigned
Qualification
Required
Demonstrated ability to learn and accurately perform multiple policy transaction processes (rate, endorse, renew, cancel, etc.) as defined in written procedure documents
Navigate across multiple IT systems to rate and issue truck business
Review, examine and evaluate documents including declarations, applications, signed forms, MVRs, and all amendments to policies to ensure compliance with established company underwriting guidelines
Interpret and analyze underwriting manuals/guidelines, rating manuals, forms, and workflows for commercial lines business
Assume responsibility for defining, managing and training others on specified policies and procedures
Measure and perform monthly analysis of completed policy transactions to confirm accuracy and identify potential improvement opportunities
Handle various requests and/or inquiries from agents, retailers, insureds by phone and written correspondence
Inform supervisor of any underwriting issues immediately
Perform administrative duties for the department including writing reports and business correspondence
Provide back-up services for others in the department
Provide assistance in the development of process flows for new program
2 or more years insurance experience, commercial auto/general liability experience preferred
Self-motivated and results oriented
Capable of working with internal and external teams and partners
Superior customer experience skills
Positive attitude and professional demeanor
Demonstrated ability to meet deadlines, determine priorities and flexibility to adapt to changing priorities as needed
Strong computer skills, including Excel and Outlook, and the ability to master multiple policy systems
High school diploma required
Preferred
4-year college degree preferred
Experience with ISO rating/forms a plus
Benefits
Health
Dental
Vision
Dental
Life
Disability
Wellness
Paid time off
401(k)
Profit-sharing plans
Company
Acadia Insurance (a Berkley Company)
Acadia Insurance specializes in commercial property casualty insurance. Our company began in 1992 insuring businesses in Maine.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Simone Grimes, CPA, MBA
Chief Financial Officer
Steve Rich, CPCU
Senior Vice President & Chief Claims Officer
Recent News
2024-03-06
Coverager - Insurance news and insights
2022-06-28
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