Policy Processing Representative
Ryan Specialty · Richmond, Virginia, US
Position Summary The Policy Processing Representative is responsible for efficiently processing policy-related transactions, ensuring accuracy and compliance...
Job description
Position Summary The Policy Processing Representative is responsible for efficiently processing policy-related transactions, ensuring accuracy and compliance with company policies and regulatory requirements. The role reviews and verifies policy applications, endorsements, and cancellations, inputting data accurately into computer systems, and issuing policy documents to clients. They handle inquiries from policyholders, agents, and other stakeholders, providing timely and accurate information on policy-related matters. They assist with underwriting tasks, such as assessing risk factors and calculating premiums. What will your job entail?: Job Responsibilities: - Accurately clear new business submissions in a timely manner with an attention to detail. - Populate underwriting applications with the information necessary to rate, document and issue accurate and compliant policies. - Bind and issue new and renewal commercial insurance policies. Process endorsements, cancellations and reinstatements. - Process endorsements, cancellations and reinstatements. - Process notices of cancellation, non-renewal notices and renewal solicitation notices. - Troubleshoot booking and accounting issu...