Enters new business applications, initiates renewal application processes, processes term letters and distributes applications to support the underwriting process.
Prepares and sends binding correspondences and proofs outgoing correspondences for adherence to company standards to ensure the team remains compliant.
Determines rate adjustments for some policies with existing coverage, applies terms and reviews new business quotations received from plan advisors/brokers/underwriters.
Runs pre-defined statistical reports for underwriting managers and sets up and issues policies per underwriter instructions.
Processes and invoices computer generated policies and assembles them in accordance with departmental standards to ensure the team remains compliant.
Prepares monthly renewal and anniversary reports for managers to determine new and existing business opportunities.
Prepares standard instruction form for issuance of policy documents to support the underwriting team.