Why choose FIA/Palomar?
Founded in 1979, First Indemnity of America Insurance Company (FIA Surety) takes great pride in our expertise and high limits of authority. Additionally, we provide quick responses, large bond approvals and a creative approach to the business. Want to learn more about our exciting journey? https://www.fiasurety.com/about-us
Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.
Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.
Want to learn more about our exciting journey? https://ir.plmr.com/corporate-profile/default.aspx
We are Hiring! Data Entry Specialist,Surety Bond
Location: Morris Plains, New Jersey
The Details:
The Data Entry Specialist, Surety Bond is responsible for accurately processing and executing surety bond transactions within the Morris Plains office, serving as a key administrative and operational support partner to the Surety Underwriting team. This role involves managing new and renewal bond business through specialized surety systems, applying a strong understanding of rating methodologies, and ensuring precise data entry, coding, and documentation. The specialist prepares and issues bonds and riders, verifies transaction accuracy, and supports billing activities by helping resolve premium and commission discrepancies. Additionally, the position requires consistent collaboration with underwriters, management, and executive leadership, while delivering high-quality customer service by responding to inquiries and communicating effectively with agents, clients, and internal and external stakeholders. The role demands exceptional attention to detail, efficiency, and a commitment to maintaining accuracy across all transactions.
What will you do:
- Process new surety business using Surety systems, ensuring accurate and timely data entry.
- Apply a strong understanding of rating scenarios to produce error-free work with exceptional attention to detail. Responsibilities include preparing and issuing new bonds and riders; entering rates; and coding new business, renewals, and cancellations.
- Provide comprehensive underwriting support to the Surety Underwriting team, including Underwriters, Bond Manager, Office Manager, and executive leadership, while delivering exemplary service to agents and clients.
- Respond to customer service inquiries, input new bond transactions, and prepare and verify documentation for accuracy prior to system entry.
- Assist with billing matters, including resolving premium and commission discrepancies, as requested.
- Demonstrate strong written and verbal communication skills when engaging with clients, claims professionals, and internal and external stakeholders.
- Process all transactions within designated systems with a consistently high level of accuracy and efficiency.
What we are looking for:
- 1+ years’ business experience, preferably in insurance or financial services
- Able to work on-site 5 days/week
- Bachelor's degree preferred
- Organized, detail oriented multi-tasker
- Possess excellent verbal, written and follow-through skills
- MS Office Suite and ability to learn internal systems
- Strong motivation to consistently deliver services and tasks associated with responsibilities
- Training or experience in customer service & administrative functions
- Ability to effectively interact with internal team members & broker's office
We love people who want to:
- Build strong relationships through transparency, trust, and respect for each other.
- Work in an agile environment, with a resilient mindset to find creative solutions to challenges.
- Collaborate and celebrate diverse perspectives, promoting inclusivity and equality.
- Do the right thing with strong conviction and integrity.
- Be bold and innovative to help make an impact.
- Demonstrable track record of working autonomously and driving progress
- Be intellectually curious, think creatively, and pragmatically
If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!
What will you get in return?
- Full Suite of Medical Benefits
- Long Term Financial Incentives – STOCK!
- 401k with 3.5% Automatic Fully Vested Employer Contributions
- Competitive PTO + Holiday Program
- Lifestyle Spending Allowance
- Career Exploration Opportunities
- Professional Development Assistance
- Regular company-wide social events (even virtually!)
- To learn more visit us at www.plmr.com
Diversity at Palomar
At FIA/Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.
We believe that diversity, equality and inclusion yield greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them
#PalomarPride #Insurancejobs #hiring
Accommodations:
FIA/Palomar will consider reasonable accommodations to ensure a qualified applicant with a disability can be considered for the position. FIA/Palomar will also consider necessary modifications to the physical work environment, or to the way a job is usually performed, so an individual with a disability can perform the essential functions of the position. Additional accommodations will be considered that enable an employee with a disability to enjoy equal benefits and privileges of employment like those that are enjoyed by other employees without disabilities.
For more information about our company, visit us at https://www.fiasurety.com. FIA/Palomar is an Equal Opportunity Employer.
No phone calls or agency solicitation please
CCPA Job Applicant:
Pay Range: $22- $25/hr
The above pay range is for all US-based roles based on function and level, benchmarked against companies of similar size and scope. To be compliant with local legislation as well as provide greater transparency to candidates, we disclose salary ranges on all job postings regardless of the desired job location. We also offer a competitive annual discretionary bonus program and the opportunity for annual long-term incentive stock grants. In addition, we offer a highly competitive benefits package. Final offer amounts are determined by multiple factors, including candidate experience and qualifications, and may vary from the amounts listed above
Top Skills
What We Do
As leaders in risk management for earthquakes, hurricanes, floods and other disasters, we take a fresh perspective on specialty property insurance. Palomar was founded in 2014 by seasoned insurance leaders with a vision for a better way to protect individuals and businesses with innovative specialty property insurance solutions. Our leadership team combines extensive insurance experience and expertise in specialty underwriting, reinsurance, program administration, distribution and analytics. Every home, every business and every neighborhood is unique so Palomar uses more accurate risk measures and an extensive partner network to write tailored, geographically differentiated policies. Our goal is to provide every customer with economic resiliency.
