Production Assistant

Company: USG Insurance Services, Inc.
Location: Covington
Posted on: May 15, 2022

Job Description:

Hours: 8:30-5:00 Local TimeCompensation: Based on Experience -Summary:USG is a national wholesale/brokerage for hard to place commercial insurance coverages. This position works in close support and on behalf of the Producer/Broker providing assistance where necessary to maintain a professional work product and relationship with our carriers, retail agents, and Producer/Broker(s). Prior insurance industry experience is required.This position is based in our -Covington, LA -location and will assist or be a member of one or more Production teams; responsible for tasks as assigned by a Senior Production Assistant, Executive Production Assistant, or designated Producer/Broker(s) including, but not limited to: those tasks related to policy maintenance or submissions, renewal marketing, cross-selling, communication with agents or carriers, and data entry work to prepare submissions.Responsibilities Include:

• Assist in managing a book of commercial lines renewal policies including the review, remarketing, quoting, and policy maintenance
• Requesting renewal application specifications from retail agent, summarize completed applications along with exposures, loss history, target pricing and submit to brokerage carriers for quotation.
• Review all solicited renewal quotations and negotiate final pricing and terms/conditions for identified carriers.
• Prepare and submit final renewal quotations for recommended carriers to retail agent. - Record renewal progress and final dispositions.
• Prepare and record all required information needed to bind and invoice accounts.
• Review and process all mid-term endorsement/cancellation and audit requests.
• Provide timely and accurate customer service to retail agents.
• Provide new business marketing and quoting assistance as needed.
• Review and approve final policy issuance for MGA renewal accounts.
• Request, review and approve all loss control reports for renewal business per company guidelines. - Communicate and confirm with retail agent the compliance of any actions pursuant to the findings of the loss control report per the carrier requirements.
• Perform in a manner that will prevent errors and omissions.
• Consistently demonstrate a professional, positive, team-oriented attitude while performing job duties.
• Attend company approved seminars and other educational activities required to stay current on latest developments, trends, and regulations in the marketplace.
• Provide technical and administrative assistance required to support the attainment of stated office-wide objectives in conjunction with service standards.
• Other duties as assigned.Qualifications: - -
  • Candidates should be located near the -Covington, LA -area.
  • 2- 5 years of prior insurance experience, past experience should include either wholesale brokerage/MGA, retail insurance agency or carrier experience.
  • C.I.S.R or P&C license is preferred by not mandatory.
  • Knowledge of Windows based software applications and basic typing skills.
  • Knowledge of basic P&C insurance, forms, endorsements, rating methods, and terminology
  • Ability to calculate figures and amounts such as annual and short-term premiums, additional and return premiums related to endorsement and audit activities, commissions, policy fees, taxes, etc. -Powered by JazzHR

Keywords: USG Insurance Services, Inc., New Orleans , Production Assistant, Professions , Covington, Louisiana