Commercial Processor

Description

Tower Hill Insurance Group has an exciting opportunity for a talented Commercial Processor who enjoys intellectual challenges and is seeking a rewarding career with a company that is experiencing growth. Not only is Tower Hill Insurance one of Florida's most trusted names in homeowners insurance, but it offers great opportunities for career advancement and personal growth, along with very competitive benefits and rewards. We are growing at a consistent pace and seek professional individuals with drive, team mentality, who want to make an impact, and are committed to a long-term career in the insurance industry.    

The Commercial Processor supports the Commercial Underwriting unit by keeping the flow of business requests, including submissions, endorsements, and other policy related documents, moving through designated processes within the department. This position requires use of independent judgment and pre-established procedures and guidelines to perform the primary job functions. This role also participates in compliance audits and periodic user testing of product changes, enhancements, etc. 

ESSENTIAL DUTIES AND RESPONSIBILITIES

· Handle a variety of commercial tasks – including data entry, property rating, policy issuance, endorsements, and cancellations.

· Responsible for prequalifying new business applications and renewal information for analysis and quote handling by the underwriter. 

· Support the Underwriting Unit in loss control tasks & compliance follow up, outstanding file documentation, and other general underwriting tasks. 

· Enter financial & policy/rating data into rating software platform.

· Respond to and conduct regular follow-ups with agents/underwriters/accounting/premium finance companies for additional underwriting and billing information, applications, and various payment resolutions.

· Process policy endorsements in line with authority or as approved.

· Evaluate workflows & provide input on modification of same. Interact with I.T. and other Departments in the process of testing Commercial product changes &/or enhancements under guidance of management. 

· Run basic business analytics reports & other various operational status reports for department management.

ADDITIONAL DUTIES

This job description reflects the general duties considered necessary to describe the essential functions of the job and should not be considered a complete description of all the work requirements and expectations of the position. Tower Hill reserves the right to assign duties not listed herein as necessary to accomplish the goals of the organization.

Requirements

POSITION QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION 

High School Diploma or GED required. Bachelor’s Degree preferred.

EXPERIENCE

Minimum of one (1) to three (3) years of relevant work experience or training required.

CERTIFICATIONS

Completion of insurance education coursework AINS101, AINS102, and AINS103 series required within 1 year of hire.

LICENSES

N/A

BENEFITS

• Medical
• Dental
• Vision
• Life & Accidental Death and Dismemberment (AD&D), and Disability Insurance
• 401 (k)
• Health Savings Account
• Accident and Cancer insurance plan

We offer competitive pay and benefits, and well-being programs to support you and your family. For more information about our company, careers and Total Compensation visit:   Total Compensation - Tower Hill Insurance (thig.com) 

*Tower Hill Insurance currently operates in these states AL, CT, FL, GA, IA, IN, KY, MI, MS, NC, OH, PA, SC, TN, TX, UT, VA, WV. 

Tower Hill Insurance is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Tower Hill Insurance is committed to working with and providing reasonable accommodation for individuals with disabilities. If you need reasonable acc