Brokerage Assistant: Commercial Lines

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

Job summary

Jimcor Agency Inc. in Montvale, NJ, is seeking an experienced brokerage professional to handle commercial lines, including quoting, binding, endorsements, cancellations, and policy review.

The role requires coordinating with agents and carriers, following up on brokerage work, and ensuring timely, compliant service for all accounts. The ideal candidate has at least 2 years of brokerage commercial lines experience, plus an active NY P&C broker's license or coursework in insurance.

Qualifications

• Minimum 2 years of brokerage commercial lines insurance experience.
• NY P&C Insurance/Broker's License preferred.
• Insurance coursework strongly preferred.
• Ability to prepare brokerage submissions and work with underwriters.

Responsibilities

• Handle brokerage business including quoting, binding, cancellations, endorsements, notices and policy reviews.
• Communicate with agents and carriers as directed by Supervisor.
• Follow up on brokerage business and renewal processing.
• Review endorsements/requests for endorsements against policies.
• Service all accounts and resolve client and carrier requests within guidelines.
• Maintain organized files and ensure compliance with procedures and regulations.
• Assist with renewal processing and new business submissions as directed.
• Assist other team members as needed.

Skills

Brokerage experience

Analytical skills

Team collaboration

Education

NY P&C Insurance/Broker's License

Insurance coursework

Job description

Essential Duties/Responsibilities:

• 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 comprehensivebenefits 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.