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Policy Issuance Analyst
OTHERMarlborough$70k - $80k

Summary

Location

Marlborough

Salary

$70k - $80k

Type

OTHER

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About this role

Company Details

 

Berkley Accident and Health (Berkley) is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company. Our parent company, W.R. Berkley Corporation (NYSE: WRB) is one of the largest and best managed property/casualty insurers in the United States.

 

This role will be based in one of our offices:

  • Hamilton Square, NJ
  • Harleysville, PA
  • Marlborough, MA

We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.

#LI-AV1 #LI-HYBRID

The Company is an equal employment opportunity employer.

Responsibilities

Berkley Accident and Health is seeking a Policy Issuance Analyst to support high-activity sales managers and client relationship managers by preparing, reviewing, and issuing policy documents. In addition, the role assists with the review and coordination of vendor agreements to ensure alignment with company standards and compliance requirements.

 

Will prepare and issue stop loss contracts for all new and renewal business. The position will create efficiency using technology and be a consistent model that can be scaled when additional company growth is achieved.

  • Review policy documents for accuracy and compliance with terms of contract
  • Follow up with producer for missing information to complete application
  • Prepare all documents necessary for stop loss contract and renewal schedules for distribution to Client Relationship Manager
  • Review, prepare and issue new business and renewal policies for our business segments.  Must be able to identify any gaps prior to issuance
  • Maintain, track and coordinate Company Reinsurance Agreements along with confirming annual commutations have been dispersed
  • Develop and maintain relationships with both internal and external parties
  • Demonstrated proficiency in learning, performing and instructing others in accurately processing all policy transaction processes (endorse, renew, etc.)
  • Lead cross-functional teams to improve policy issuance workflows
  • Independently resolve escalated policy issues and recommend solutions to management

  • Ability to independently perform all policy transactions (endorsement, renewal, etc.) with little to no

  • oversight/guidance required

  • Inform supervisor/manager of any trending underwriting concerns immediately

  • Provide assistance in the development of process flows for new and renewal business

  • Actively support professional & technical skill development of other team members

  • Analytical thinking and attention to detail

  • Other duties as assigned to support the Company

Qualifications

  • HS Diploma Required
  • College degree preferred or 3-5 years’ work experience in insurance operations, underwriting support, policy administration or similar role
  • Strong knowledge of policy issuance and renewal process
  • Experience reviewing contracts
  • Group Insurance experience, preferably medical stop loss
  • Highly capable with Windows, Outlook, and other communication package software (ability to learn and understand ways to organize high activity)
  • Attention to Detail – Applies thoroughness and accuracy to all aspects of work product
  • Strong communication skills both verbal and written
  • Strong time-management and organizational skills
  • Must exhibit professional behavior at all times while representing or being identified as an employee of the company
  • Establish and maintain positive working relationships with all operational areas, management and staff to further the company’s mission
  • Strong consulting and interpersonal skills with an ability to interact with brokers, clients and service vendors.
  • Demonstrate the ability to lead projects, mentor other and drive process improvements

Additional Company Details

We do not accept any unsolicited resumes from external recruiting agencies or firms. The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include: • Base Salary Range: $70-80k • Benefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and generous Profit-Sharing plans The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

Sponsorship Details

Sponsorship not Offered for this Role

Other facts

Tech stack
Policy Issuance,Contract Review,Group Insurance,Analytical Thinking,Attention to Detail,Communication Skills,Time Management,Organizational Skills,Interpersonal Skills,Project Leadership,Process Improvement,Mentoring,Client Relationship Management,Technology Proficiency,Problem Solving

About Berkley

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance. Each of the Berkley companies, or operating units, within Berkley participates in a niche market requiring specialized knowledge about an industry, product or territory.

Team size: 5,001-10,000 employees
LinkedIn: Visit
Industry: Insurance
Founding Year: 1967

What you'll do

  • The Policy Issuance Analyst will prepare, review, and issue policy documents to support sales and client relationship managers. The role also involves reviewing vendor agreements for compliance and maintaining reinsurance agreements.

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Frequently Asked Questions

What does Berkley pay for a Policy Issuance Analyst?

Berkley offers a competitive compensation package for the Policy Issuance Analyst role. The salary range is USD 70k - 80k per year. Apply through Clera to learn more about the full compensation details.

What does a Policy Issuance Analyst do at Berkley?

As a Policy Issuance Analyst at Berkley, you will: the Policy Issuance Analyst will prepare, review, and issue policy documents to support sales and client relationship managers. The role also involves reviewing vendor agreements for compliance and maintaining reinsurance agreements..

Why join Berkley as a Policy Issuance Analyst?

Berkley is a leading Insurance company. The Policy Issuance Analyst role offers competitive compensation.

Is the Policy Issuance Analyst position at Berkley remote?

The Policy Issuance Analyst position at Berkley is based in Marlborough, Massachusetts, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Policy Issuance Analyst position at Berkley?

You can apply for the Policy Issuance Analyst position at Berkley directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Berkley on their website.