Crc Group - Middletown, CT
posted 4 months ago
The position involves supporting a team by identifying, soliciting, and arranging appropriate insurance coverage for clients. This is achieved by accessing binding authority and brokerage markets. The role encompasses underwriting both new and renewal business, ensuring compliance with binding authority carrier guidelines, approving policy changes, managing workload, resolving coverage issues, monitoring claims, and managing written business up to and including the time of binding, all in accordance with company guidelines and established CRC procedures. Essential duties include managing the underwriting process to ensure adherence to carrier underwriting guidelines and CRC policies. The individual will be responsible for submitting appropriate information to brokerage markets for accounts that do not fit binding authority markets, making underwriting decisions, and solving complex underwriting and coverage problems for retail agencies. Building and maintaining strong relationships with binding-authority and brokerage carriers is crucial, as is the ability to solicit, market, quote, bind, and confirm new and existing business. The role also requires negotiating the best terms and coverages available with accessible markets while effectively communicating with all producers regarding submissions and decisions for new or renewal business in a timely manner. The individual will approve and disapprove endorsement requests according to internal and carrier guidelines, monitor accounts for compliance with the firm's policies, and ensure that company file documentation standards are met. Additionally, maintaining necessary licenses is a key responsibility.