Insurance Officer Resume
Summary : As an Insurance Officer, reviewed, processed, and approved insurance documents for new, existing, and renewed transactions for Commercial Properties, Construction Loans, Real Properties, General Liability, Condominiums, and Co-Ops), oversaw and processed insurance policy renewals and endorsements required for multiple lines of business.
Skills : Insurance Policy Analysis and Management, Risk Assessment and Mitigation, Data Analysis, Communication Skills
Description :
- Developed and maintained highly effective business relationships with assigned Relationship Managers, brokers, insurance.
- Maintained loan portfolios and borrower collateral documentation files consisting of secured and unsecured commercial assets.
- Processed and reviewed Flood insurance certification, HUD-1, Good Faith letters.
- Managed unit email to respond promptly to internal and external requests.
- Provided collateral termination fees to internal clients for demand statements on open obligations.
- Completed all required steps on account setup, documentation, and account management.
- Evaluated potential risks associated with underwriting insurance policies and make informed decisions on coverage limits and premiums.
Experience
7-10 Years
Level
Management
Education
MBA
Insurance Officer Resume
Objective : As an Insurance Officer, managed and assessed insurance applications, ensuring compliance with company policies and regulatory requirements, and analyzed and evaluated risk factors to determine appropriate coverage levels and premiums.
Skills : Claims Processing and Investigation, Customer Service Excellence, Policy Underwriting, Regulatory Compliance
Description :
- Monitored and reviewed policy renewals, making adjustments as necessary to maintain client satisfaction and retention.
- Prepared detailed reports on insurance operations, claims trends, and risk management strategies for senior management.
- Analyzed insurance applications and determined appropriate coverage levels and premiums based on risk assessment.
- Investigated claims to determine their validity, coordinating with clients, adjusters, and other stakeholders as necessary.
- Provided excellent customer service by addressing client inquiries, resolving issues, and offering tailored insurance solutions.
- Assisted clients in understanding their insurance policies, coverages, and the claims process.
- Conducted thorough risk assessments to determine appropriate insurance coverage for clients.
Experience
2-5 Years
Level
Executive
Education
BSc Insurance
Insurance Officer Resume
Objective : As an Insurance Officer, sold and serviced property casualty insurance, represented the bank in community organizations and events, sold and serviced crop insurance and crop hail insurance bank-wide, and sold and serviced all lines of property and casualty insurance.
Skills : Regulatory Compliance, Data Analysis and Reporting, Negotiation Skills, Problem Solving, Financial Acumen
Description :
- Coordinated tasks with other staff involved in crop insurance work.
- Prepared and reviewed applications, respond to underwriters.
- Completed endorsements and process claims from turn in through completion.
- Maximized customer service and bank profitability by selling or cross selling all bank products and services.
- Obtained and maintained insurance licenses, supported the banks strong relationship banking culture through on-going customer contact, quality customer service and superior product knowledge.
- Established and achieved individual goals and departmental goals as they relate to the success of the banks Strategic Plan and specific job functions.
- Participated in the business development efforts of the bank.
Experience
2-5 Years
Level
Executive
Education
MBA
Insurance Officer Resume
Headline : As an Insurance Officer, responsible for created financial dashboards to provide insights into key performance indicators, responsible for conducted financial due diligence on potential investments and acquisitions.
Skills : Strong Communication, Attention to Detail, Negotiation, Policy Underwriting
Description :
- Conducted regular audits of insurance operations to identify and address compliance issues.
- Maintained prospect files, established ongoing prospecting plans and activities, and met sales goals for Compeers insurance business.
- Worked to achieve the objectives set by the team for new business development within the designated marketplace.
- Completed required documentation including applications, production reports, acreage reporting, and claims for clients.
- Reviewed coverage selection with clients throughout the year to ensure reporting of any potential claims.
- Monitored claims and ensured timely claims settlement for clients and Approved Insurance Providers.
- Collaborated with underwriters to assess and mitigate risks associated with issuing new policies.
Experience
5-7 Years
Level
Executive
Education
Cert Underwriting
Insurance Officer Resume
Objective : As an Insurance Officer, responsible for established and checked coding procedures, monitored reports and updated internal files, responsible for analyzed business processes to identify cost savings and operational efficiencies.
Skills : Communication, Customer service, Regulatory Compliance, Data Analysis
Description :
- Maintained a comprehensive understanding of crop insurance products available through Compeer Financial and all related FCS eligibility regulations.
- Remained current on product details and program changes.
- Effectively communicated risk management strategies that can be achieved through products to meet client needs.
- Led all aspects of the insurance needs of clients from varied industries, such as advising the client on insurance matters; collaborating with clients, brokers, reinsurers, and taxlegal counsel to craft and evaluate insurance policy terms and conditions, as well as contrast written coverage to outgoingceded reinsurance.
- Served as the primary contact on insurance related matters and effectively communicate program details to ensure understanding by all parties.
- Ensured timely and efficient organization of insurance and reinsurance documentation.
- Coordinated efforts with outside brokersconsultants to lead renewals or implement new programs.
Experience
0-2 Years
Level
Entry Level
Education
Diploma Insurance
Insurance Officer Resume
Summary : As an Insurance Officer, responsible for implementing and regularly reviewing financial controls to generate accurate and reliable financial data, reviewing historical records, current operational data and forecasting information to identify and capitalize on system enhancement opportunities.
Skills : Product knowledge, Interpersonal communication, Time Management, Team Collaboration, Fraud Detection
Description :
- Collaborated closely with financial professionals on the internal client service team to ensure a comprehensive and dovetailed approach to meeting the clients needs.
- Communicated changes to the client insurance programbusiness plan with state regulators.
- Prepared and presented materials during annual client board meetings, ensuring quality and inclusion of beneficial information.
- Explained various coverages and how they work, often to parties without an extensive insurance background, both internally and client facing.
- Tracked record to service clients with a high level of responsiveness to both internal and external stakeholders.
- Sold and serviced crop insurance and crop hail insurance.
- Maintained relationships with existing insurance customers and develop relationships with new customers.
Experience
10+ Years
Level
Senior
Education
BA Finance
Insurance Officer Resume
Objective : As an Insurance Officer, responsible for checking payroll, vendor payments, commissions and other accounting disbursements for accuracy and compliance, preparing cash flow projections, cost analysis and monthly, quarterly and annual reports.
Skills : Organisation, Problem solving, Regulatory Compliance, Data Analysis, Communication Skills
Description :
- Responsible for preparing internal and regulatory financial reports, balance sheets and income statements.
- Responsible for establishing internal audit procedures to validate and improve accuracy of financial reporting.
- Responsible for developing strategic plans for day-to-day financial operations.
- Responsible for performing banking, business administration and financial tasks to guarantee five-star service for clients.
- Responsible for improving overall financial reporting by streamlining control processes and reporting structures.
- Responsible for complying with established internal controls and policies.
- Responsible for utilizing financial software to prepare consolidated financial statements.
Experience
2-5 Years
Level
Executive
Education
AAS Risk Management
Insurance Officer Resume
Summary : As an Insurance Officer, responsible for streamlining claim processing by effectively collaborating with adjusters, appraisers, and other insurance professionals, collaborating with marketing department to develop targeted campaigns for promoting new products, resulting in increased sales opportunities.
Skills : Analytical skills, Attention to detail, Customer Service, Regulatory Compliance, Data Analysis
Description :
- Responsible for enhancing client satisfaction by addressing inquiries and resolving issues in a timely manner.
- Responsible for reducing underwriting risks through diligent research and analysis of potential clients'' financial profiles.
- Responsible for negotiating favorable terms with underwriters on behalf of clients, securing competitive rates while minimizing risk exposure.
- Responsible for conducting thorough reviews of policy applications for accuracy and completeness before approval.
- Responsible for participating in audits conducted by regulatory agencies or internal teams so as to ensure compliance with applicable standards.
- Responsible for increasing policy renewals by maintaining strong relationships with existing clients.
- Responsible for managing large caseloads while maintaining strict adherence to deadlines, guaranteeing timely completion of all tasks related to claims processing or policy issuance.
Experience
7-10 Years
Level
Management
Education
MSc Risk Management
Insurance Officer Resume
Objective : As an Insurance Officer, responsible for providing ongoing support and guidance to junior team members, fostering a positive work environment conducive to professional growth and development, delivering comprehensive training sessions on insurance products and processes to new employees, ensuring a seamless transition into their roles.
Skills : Insurance sales, Policy Underwriting, Communication Skills, Time Management, Team Collaboration
Description :
- Responsible for maintaining up-to-date knowledge of industry trends and regulations, enabling informed decision-making when assessing risk factors or developing new productsservices offerings.
- Responsible for contributing to business growth by identifying opportunities for cross-selling additional products and services to existing clients.
- Responsible for evaluating potential risks and assessed appropriate premium rates, leading to balanced portfolios.
- Responsible for collaborating with brokers to develop strategies for expanding market share within the competitive insurance industry.
- Responsible for improving claim resolution times through proactive communication with all relevant parties involved in the process including insured individuals, third-party claimants, legal counsel, medical providers, among others.
- Responsible for assisting management team in developing annual budgets and financial forecasts, taking into account factors such as market trends, premium growth expectations, and risk assessments.
- Responsible for providing exceptional customer service by promptly responding to client questions and concerns regarding policies and claims.
Experience
2-5 Years
Level
Executive
Education
BSc Finance & Insurance
Insurance Officer Resume
Objective : As an Insurance Officer, worked with insurance agencies, agents, and brokers to resolve insurance deficiencies promptly, and processed monthly insurance premiums for escrowed accounts, and monthly CoreLogic invoices.
Skills : Relationship building, Sales and marketing skills, Risk Assessment
Description :
- Responsible for supporting financial director with special projects and additional job duties.
- Responsible for evaluating and negotiating contracts to procure favorable financial terms.
- Responsible for designing and maintaining financial models to identify and measure risks.
- Responsible for collaborating with C-level executives and stakeholders to develop long-term financial plans.
- Responsible for creating and managing financial models to evaluate corporate investments and acquisitions.
- Responsible for developing customized insurance policies for clients, ensuring optimal coverage tailored to individual needs.
- Responsible for enhancing department efficiency through regular reviews of workflows, procedures, and systems for improvement opportunities.
Experience
2-5 Years
Level
Executive
Education
Cert Underwriting
