Brokerage Assistant: Commercial Lines

Jimcor Agencies; Montvale (NJ); On-site; USD 45,000 - 65,000; Full time

Benefits offered by this job

Paid Time Off

Paid Holidays

Retirement Plan with Employer Match

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Education Assistance

Gym Benefit

Job summary

Jimcor Agencies in Montvale, NJ seeks an experienced brokerage professional to handle quoting, binding, endorsements, cancellations and notices for Commercial Lines. You will interact with agents and carriers and ensure timely processing of requests.

Preferred candidates have the NY P&C license, strong analytical and communication skills, and the ability to manage multiple tasks with precision and teamwork in a regulatory environment.

Qualifications

• Minimum 2 years brokerage commercial lines experience.
• NY P&C license required.
• Analytical skills to identify and organize information.
• Ability to prepare brokerage submissions to markets.
• Strong time management and communication skills.

Responsibilities

• Handle brokerage quoting, binding, cancellations, endorsements, notices and policy reviews.
• Communicate with agents and carriers as directed by Supervisor.
• Follow up on brokerage matters and process endorsements.
• Review endorsements/requests against policies.
• Service accounts and resolve client/carrier requests within guidelines.
• Assist renewal processing and new business submissions as directed.
• Maintain organized files and adhere to regulatory standards.

Skills

Brokerage

Commercial lines

Analytical

Time management

Team collaboration

Education

P&C Insurance License (NY)

Tools

Underwriting systems

Job description

• Responsible for handling of Brokerage business including, but not limited to, Quoting, Binding, processing of cancellations, endorsements, notices and company policy review
• Communicates with agents and carriers as directed by Supervisor
• Handling of "Follow Ups" for brokerage business
• Reviews endorsements/requests for endorsements against the policy
• Services all accounts, including resolving client and carrier requests within guidelines
• Responsible for quality and timely processing and organized file maintenance
• Adheres to applicable procedures to ensure compliance with corporate and regulatory standards, and out of state filings
• Assist with renewal processing and new business submission as directed
• Assist other team members as needed

Qualification/Requirements:

• Minimum 2 years ofBrokerage Commercial Lines Insurance Experience
• Prior Wholesale E&S Experience Desired
• Insurance Coursework strongly preferred
• NY P&C Insurance/Brokers License
• Analytical skills to identify, gather and organize information and provide recommendations
• Ability and confidence to prepare brokerage submission to markets
• Understanding of time sensitive nature of brokerage correspondence
• Ability to/ Confidence to work closely with underwriters on brokerage placements
• Demonstrated skills and authority to process endorsements
• Customer focused attitude and customer service skills to resolve inquiries quickly and effectively
• Strong verbal and written communication skills
• Strong comfort level interacting with associates, clientsand carriers
• Demonstrated initiative to complete assignments and obtain results
• Ability to work in a team environment
• Solid organizational skills including: time-management, prioritization and attention to detail
• Skills to operate computers, use commercial system applications and vendor software
• Basic math skills

We offer a total compensation package which includes salary (45k-65k) plus a full comprehensive benefits package. Package includes Paid Time Off Days, Paid Holidays, Retirement Plan with Employer Match, 100% Single Employer Paid Medical, Dental, Vision, Life Insurance, Education Assistance, Various Voluntary Benefits, Gym Benefit and More. Please submit resume along with salary requirements.