General Summary

Examines incoming insurance documents for accuracy and stamping with training in excess lines insurance and New York law compliance requirements.

Principal Duties and Responsibilities:

• EXAMINES each incoming document for accuracy, completeness and acceptability;
• DETERMINES correct coverage and classification codes;
• VERIFIES Company(ies) are currently eligible for stamping in New York State;
• IDENTIFIES items requiring additional or corrected information;
• CONTACTS broker to obtain additional information, if appropriate;
• CORRECTS minor clerical errors on affidavits with broker consent;
• IDENTIFIES items which require return to the broker without stamping;
• DETERMINES proper “suspense” code for each returned unstamped batch item;
• STAMPS all documents that meet the ELANY requirements and New York laws for excess line placements;
• PERFORMS processing and stamping accurately and within production guidelines.

Skills, Knowledge, and Abilities Required

• Minimum two (2) years of property and casualty insurance experience preferred;
• Familiarity with excess/surplus lines documentation and terminology preferred;
• Must have the ability to make complex mathematical calculations relating to the division of insurance premium percentages;
• Excellent verbal communication skills.

Salary

• $60,000-$65,000 based on experience level
• Annual Productivity Bonus
• Generous benefits