GENERAL DESCRIPTION (Summary, Scope, Purpose)
The primary function of this position is to manage all renewal insurance policies in accordance with underwriting guidelines. In addition, this position will be responsible for managing policy issuance and delivery.
About HUB:
HUB Financial Services stands out as an industry leader in effectively managing lending risk associated with loan-level collateral for financial institutions. Whether you’re dealing with real estate owned, residential real estate, commercial real estate, auto, watercraft, RV, powersport, or equipment portfolios, our outsourced insurance tracking, blanket, and impairment programs are designed to address lending risk comprehensively.
Our commitment to tailoring solutions means we create a unique strategy for each client and portfolio.
Why Choose HUB?
Throughout our network of more than 500 HUB offices in North America, we offer a competitive, exciting, and friendly work environment that strategically positions our employees for longevity and success. At HUB, we believe in investing in the future of our employees and providing continuous opportunities for growth and development. Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization, focusing on expanding the industry knowledge of our insurance professionals to better serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs, yet evolve as your needs change over time. Join us in taking the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Responsible for the underwriting and timely processing of all policy renewals.
Responsible for processing endorsements, cancellations, and reinstatements.
Responsible for assisting with Rate Pages and Comparison documents used to present renewal offers.
Monitor loss-ratios and recommend rate, deductible, and coverage changes as well as policy cancellation where loss-ratio is unsatisfactory or there is a substantial change in underlying risk.
Assure that underwriting files are kept current and accurate.
Manage policy issuance and delivery.
Other responsibilities as directed.
Attends industry-related continuing education training and courses.
The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required, and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences, equalize peak work periods, or otherwise to balance the workload.
MINIMUM KNOWLEDGE, SKILLS, AND ABILITIES:
High attention to detail is required
Analyze information effectively
Skills testing may be required
Experience working with community bank bond / D&O / property and casualty insurance programs is preferred
Above-average telephone techniques and the ability to communicate effectively with prospective and existing clients, as well as other staff members
Proficiency with Microsoft Office Suite (Word, Excel, Outlook)
Ability and willingness to utilize the company’s computer system and software
Ability to understand policy forms and coverage descriptions
Organizational skills required
Willingness to attend educational classes is desired
LICENSING OR CERTIFICATION REQUIREMENTS
None required
BENEFITS
HSA and PPO Medical plans available through BlueCross BlueShield of Illinois (BSBCSIL)
FSA available
Dental plans through BCBSIL
Vision insurance through VSP
Employer-paid Short Term Disability
5 Weeks of Paid Parental Leave
Employer-paid Life Insurance – 2x your salary
401k -Company matching
10 paid Holidays
Floating Holidays and Personal days
Accrue Vacation and Sick time from day 1
Tuition Reimbursement
All full-time employees working 30+ hours a week are eligible for benefits. Benefits are effective the first of the month, following their first 30 days.
PHYSICAL DEMANDS
Work Location:
Remote opportunity
Schedule:
Monday-Friday 8:00am-5:00pm CT with an hour lunch.
Working Conditions:
Frequent use of computer monitors, keyboard, and mouse
Extended viewing of multiple screens for seven or more hours a day.
Extended periods of sitting.
YOU WILL NEED
A safe home office or quiet workspace with high speed and reliable internet connectivity
All duties and responsibilities outlined in this position are considered essential job functions, and reasonable accommodations will be made to enable individuals with disabilities to perform them. The requirements listed represent the minimum knowledge, skills, and abilities necessary to perform the job proficiently. This description is not exhaustive, and employees may be required to perform other job-related duties as assigned by their supervisor, subject to reasonable accommodation.
To perform this job successfully, the incumbent must meet the qualifications and perform each essential duty satisfactorily. These qualifications are considered without regard to race, religion, color, sex, national origin, disability, or any other characteristic protected by federal, state, or local law. If the position requires licensing or certification, the incumbent must maintain compliance with all continuing education and other requirements.
Department UnderwritingRequired Experience: 2-5 years of relevant experienceRequired Travel: No Travel RequiredRequired Education: High school or equivalentHUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.
E-Verify Program
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