Insurance Associate

Reposted 11 Days Ago
Be an Early Applicant
Bala Cynwyd, PA, USA
Hybrid
40K-47K Annually
Entry level
Insurance
The Role
The Insurance Associate handles policy issuance, submissions clearance, document generation, and trains staff while ensuring compliance and accuracy.
Summary Generated by Built In

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses – and we’re on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career. 

What GBLI offers you:

  • Generous paid time off (PTO)
  • Professional development opportunities (including a mentorship program)
  • Educational assistance program, which covers up to $5,250 in educational costs per year
  • Comprehensive health insurance plan (with vision and dental)
  • Paid Parental Leave
  • Life insurance
  • 401(k) retirement plan with up to 6% company match and immediate vesting
  • Healthcare and dependent care flexible spending accounts
  • Short-term and long-term disability
  • Company-sponsored social events
  • Various committees to get involved in, which include our Diversity, Awareness, and Inclusion Committee, and Charitable Giving Committee

The typical starting salary range for this position can vary depending on several factors such as geographic location, education, experience, and skill set.  The full salary range for this position is designed to provide employees with the opportunity to progress and grow within their positions and reflects the competitive market value for these positions across the national market. GBLI, also offers a total compensation plan including bonuses for all positions.

Typical starting salary range for this position:

$40,000 to $47,250

This range reflects base salary only and is not inclusive of bonus potential and other compensation considerations as it relates to the role


Essential Duties & Functions

  • Pending all binders coming through the imaging binder queue to meet service level standards.
  • Clearance of submissions in Bridge and/or PAS.
  • Issuance of policies in Bridge, vertafore or Docucorp for the various lines of business in a timely and accurate manner.
  • Issuance of endorsements in Bridge, Verafore or Docucorp for the various lines of business in a timely and accurate manner.
  • Booking of all policies in the underwriting policy queue to meet service level standards.
  • Booking of all endorsements in the underwriting endorsement queue to meet service level standards.
  • Checking all assigned coded policies from the Omni Gen System within 5 business days of assignment, routing or correcting same as needed, within 5 business days of date the item is assigned.
  • Participation in the training of the staff in all aspects of the various tasks and lines of business to ensure redundancy throughout the unit.
  • Participation in the documentation of processes and flows to ensure accuracy and availability to the DSG home office and field office personnel.
  • Review of all reports ensuring priorities are addressed immediately.
  • Sending requests to agent for missing valid surplus lines numbers for the individual risks to be able to book and meet the required state regulations.
  • Review all items assigned in the Omni Gen system and resolving, routing or ending the items as needed.
  • Generation of Problem forms for transactions that have issues prohibiting issuance or booking.
  • Demonstrated ability to interact with Actuarial, Claims, Field Operations, Loss Control, Premium Audit, Systems and Underwriting to improve the functional effectiveness of the personnel/organization through continuous process improvement.
  • Compiling the required documentation for certified policy requests and obtaining the needed signatures and notarization.

Qualifications

  • High school diploma
  • Strong organizational skills, excellent verbal, and written communication skills
  • Ability to work effectively and advise business leaders and staff as a general resource for training issues
  • Flexibility in moving effectively between tasks and priorities
  • Ability to put in additional time as warranted
  • Portray a professional image and the ability to work independently
  • Ability to meet deadlines and work accurately with detailed information
  • Ability to work both individually and as a team
  • A positive attitude, with a sense of urgency directed toward the design or creative solutions
  • Insurance background in rating, data entry and policy issuance preferred
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Top Skills

Bridge
Docucorp
Omni Gen System
Verafore
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The Company
HQ: Bala Cynwyd, Pennsylvania
374 Employees

What We Do

GBLI | Global Indemnity provides specialty property and casualty coverage for a wide range of markets—from small business, manufactured homes, and vacant property to agriculture, professional lines, collectibles, and more. But for all their seeming diversity, these markets have one thing in common. All represent areas typically underserved by more traditional insurance and reinsurance companies: markets in which the member companies that comprise GBLI successfully pursue the mutual goal of profitable growth.

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