Jobs · OTHR · Illinois

Account Administrator

FM · Park Ridge, IL · 1 wk ago
On-siteOTHRFull-time

About the role

This position is accountable for creating property insurance policy contracts and billing documents in compliance with corporate and country specific requirements. It also involves acquiring the knowledge and skills required to handle accounts independently, composing/building and issuing new, renewal and endorsement policy documents, entering and managing prospect/client data and financial information, capturing all limits of liability, sub-limits, deductibles, rates, and other required information, preparing Excel premium allocation spreadsheets as requested, providing guidance and technical assistance to the Account Teams, responding to broker inquiries, maintaining organizational, contact and document distribution information for assigned accounts, and working to provide back-up to other Account Administrators during absences.

Responsibilities

  • Create and issue new, renewal and endorsement policy documents in compliance with Production Underwriter quotes and underwriting, processing, country and statutory requirements.
  • Enter and manage prospect/client data and financial information in various systems.
  • Capture all limits of liability, sub-limits, deductibles, rates, and any other required information.
  • Prepare Excel premium allocation spreadsheets as requested.
  • Provide guidance and technical assistance to the Account Teams on current processing requirements.
  • Liaise with internal offices worldwide to ensure accurate and timely service on accounts and achieve company and operational objectives.
  • Maintain organizational, contact and document distribution information for assigned accounts.
  • Respond to broker inquiries in a timely manner and involve other appropriate personnel where necessary.

Requirements

  • High school diploma (college degree is desirable!)
  • Minimum 2+ years work experience in an office environment, preferably in an insurance or related work environment.
  • Attention to detail and proofreading skills.
  • Strong problem-solving capability.
  • Advanced computing skills, particularly Microsoft Word and Excel.
  • Strong math proficiency and analytical skills.
  • Strong organizational skills with ability to plan and prioritize tasks to meet timelines.

Qualifications

  • High school diploma (college degree is desirable!)
  • Minimum 2+ years work experience in an office environment, preferably in an insurance or related work environment.
  • Attention to detail and proofreading skills.
  • Strong problem-solving capability.
  • Advanced computing skills, particularly Microsoft Word and Excel.
  • Strong math proficiency and analytical skills.
  • Strong organizational skills with ability to plan and prioritize tasks to meet timelines.

Skills

  • Microsoft Word
  • Microsoft Excel

Benefits

  • FM’s comprehensive Total Rewards program that includes an incentive plan, medical, dental and vision insurance, life and disability insurance, well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, and time off, including vacation and sick time.

Pay

The final salary offer will vary based on geographic location, individual education, skills, and experience.

Schedule

The position is eligible to participate in FM’s comprehensive Total Rewards program that includes an incentive plan, medical, dental and vision insurance, life and disability insurance, well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, and time off, including vacation and sick time.

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