Insurance Processor

IBC Bank Position

IBC Bank successes are the result of an aggressive and innovative attitude. The Bank's "We Do More" philosophy reflects its dedication to the growth and success of its employees, customers, and communities. IBC bank hires talented, creative, and dedicated individuals to help our business succeed. We are a company that values leadership, community engagement, and relationship building that leads to a culture of excellence. We are currently seeking to fill positions across all business segments. IBC's focus is to be customer centric and strive to provide excellent customer experience.

This is an in-office position.

Department : 900 Insurance Administration

Job Summary

Supports Account Executive team on essential functions supporting clients' service needs to the agency's quality and service standards. This position includes training to become a full Account Executive.

Job Description

Essential Job Functions :

• Support Account Executive with day-to-day service needs for clients
• Support Account Executive with marketing for new and renewal coverages
• Support Account Executive with preparation of summaries of insurance, schedules, loss summaries, proposals
• Support Account Executive with claim and cancellation activities for client
• Process Certificates and Evidences of Property with Account Executive oversight
• Issue Auto ID cards
• Import / Export / Update Certificate Holder Lists
• Maintain accurate client data in agency management system (AMS)
• Request / follow up / complete / deliver client change requests from carriers / brokers
• Ensure AMS policy, applications, transactions are updated based on changes
• Prepare policy cancellations / Lost Policy Release forms
• Notify AE of any cancellations
• Request Loss Runs for renewing policies 90 days before renewal
• Request MVRs as directed
• Create summaries of insurance as directed by Account Executive
• Quote and issue premium finance notes as directed by Account Executive
• Input data into AMS to create applications for submissions
• Complete policy checklists as directed by Account Executive
• Check audits and prepare for delivery as requested by Account Executive
• Update AMS and set suspense for audits in progress
• Pull endorsements and policies from carrier websites
• Create building valuations
• Request Experience Mod Worksheets as directed by Account Executive
• Set up draft renewal proposals for Account Executive
• Gather Renewal Supplemental applications as directed by Account Executive

Skills :

Education :