Senior Insurance Operations Associate - Ocean Marine

Posted 13 Days Ago
Be an Early Applicant
2 Locations
Mid level
Insurance
The Role
The Senior Insurance Operations Associate will handle policy administration tasks including reviewing instructions, computing premiums, maintaining file accuracy, preparing reports, and resolving billing discrepancies while utilizing various computerized systems. The role emphasizes interdepartmental communication and compliance with regulatory guidelines.
Summary Generated by Built In

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Great American has been insuring ocean-related businesses since 1962. For more than 60 years, Great American has responded to the special needs of a marine-based business by developing one of the most extensive selections of Ocean Marine insurance products available from a single carrier. We provide a comprehensive suite of coverages for marina operators and boat dealers, passenger vessels, marine contractors, and international shippers of ocean cargo, just to name a few.

Our Ocean Marine Division is hiring for a Senior Insurance Operations Associate! This is a hybrid position and can be located in our Schaumburg, IL or Houston, TX offices.

Ocean Marine Insurance - Great American Insurance Group

Essential Job Functions and Responsibilities

  • Performs a variety of routine to moderately complex policy administration tasks in support of the business within established production and quality guidelines.  Tasks may include:

    • Reviews instructions from agent, underwriter, insured, broker, etc. to understand/determine what is needed to provide quotes, issuances, renewals, endorsements, etc.

    • Computes premiums on quotes, issuances, renewals, audits, endorsements and/or cancellations/reinstatements based on proper rate selection, rules and company procedures.

    • Enters rate, premium and/or policy information into appropriate systems for policy updates/issuance.

    • Maintains file accuracy and completeness.

    • Orders, prepares and/or updates reports (i.e., motor vehicle reports, loss reports, financial reports, loss run requests, etc.) and/or legal notices (i.e., Notice of Cancellation, non-renewal notice, motor vehicle/motor carrier filings, etc.).

    • Sets up and clears submissions.

    • Researches and resolves and/or corrects errors and/or issues.

    • Prepares, assembles and/or issues policy/endorsements and associated documentation.

    • Researches and reconciles premium/billing accounting discrepancies.  Responds to premium/billing questions.

  • Utilizes computerized systems for research, tracking, information gathering and/or troubleshooting (i.e., Excel/Word programs, legacy systems, internal systems, third party vendor delivered systems, etc.).

  • Shares and/or conveys routine information via telephone, e-mail, fax, regular mail or in person to underwriters, agents, brokers, reinsurers and/or insureds maintaining a professional demeanor in all situations.

  • May act as a liaison with other departments and facilitate interdepartmental communication.

  • May perform other tasks including support, photocopying, imaging, mail, data entry, and/or supply functions.

  • Demonstrates working knowledge of policies and procedures, as well as the business (including products, coverages, etc.) and organization.  Complies with company and regulatory guidelines.

  • Performs other duties as assigned.

Job Requirements

Education: High School Diploma or equivalent.

Experience: Generally, 4 or more years of related experience.

Additional Job Description

Scope of Job: Performs work under close supervision.  Relies on instructions and pre-established guidelines to perform the functions of the job.  Demonstrates working knowledge of company products and/or services and of various business systems used to perform job functions.  Works within specific limits and limited influence on assignments of low to moderate technical complexity.

Physical Requirements

  • Requires prolonged sitting.

  • Requires continuous use of computer.

  • May lift, carry, push, or pull objects up to 10 lbs.

  • Requires regular and predictable attendance.

Business Unit:

Ocean Marine


Salary Range:

$24.00 -$30.00

Benefits:

Compensation varies by role, position level, and location. Individual pay is influenced by skills, education, training, certifications, experience, and the role's scope and complexity, along with business needs.

We offer a competitive Total Rewards package, including medical, dental, and vision plans starting on day one, PTO, paid holidays, commuter benefits, an employee stock purchase plan, education reimbursement, paid parental leave/adoption assistance, and a 401(k) plan with company match. These benefits are available to eligible full-time and part-time employees.

Your recruiter can provide more details about our total rewards and specific compensation ranges during the hiring process.

Top Skills

Excel
Word
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The Company
HQ: Cincinnati, OH
4,738 Employees
On-site Workplace

What We Do

Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses. We have more than 30 specialty property and casualty insurance businesses, and in 2021, approximately 50% of our gross written premium in our property and casualty operations was generated by business units with a Top 10 market ranking.

Great American Insurance Company has received an "A"​ (Excellent) or higher rating from the AM Best Company for more than 110 years (most recent rating evaluation of "A+"​ (Superior) affirmed December 3, 2021). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio.

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