• Service Specialist - Commercial Surety Bonds

    Location US-FL-Maitland
    Posted Date 2 weeks ago(2 weeks ago)
    Job ID
    24057
    # Positions
    1
    Category
    Administrative/Customer Support
    Position Type
    Full Time
    Travel Percentage
    0 to 10%
  • Overview

    Be Here. Be Great.  Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group, a member of American Financial Group, is a Fortune 500 company consistently recognized as a top place to work.  We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty property and casualty operations and a variety of financial services, there are always opportunities here to learn and grow.

     

    Great American's Bond Division has been underwriting surety and fidelity bonds for over 80 years. Great American is known for expert underwriting, solid financial strength, market leadership and creative solutions to all bonding needs. With a highly diverse product line, Great American is one of the top surety companies in the United States.

     

    The Bond Division is currently searching for a Service Associate III or IV in our Maitland, FL location.

     

    The job title and salary grade will commensurate with the person's level of experience.  

    Responsibilities

    • Receives processing requests from underwriters and agents
    • Corresponds with underwriters and agents as needed.
    • Reviews and processes new business, renewals, riders, BORs and mid-term cancellations.
    • Computes premiums on bond renewals, riders and / or cancellations / reinstatements based on proper rate selection, rules and company procedures.
    • Sets up accounts in underwriting systems
    • Ensures accuracy of billings and documentation into appropriate GAIC surety bond processing systems (i.e., Excel / Word programs, legacy systems, internal systems, third party vendor delivered systems, etc.).
    • Reviews and requests prior term adjustments from IT and Processes corrections to bonds requiring multiple transactions.
    • Manages Daily Error Report for assigned Profit Center(s).
    • Researches and resolves and / or corrects errors and / or issues. Researches and reconciles premium / billing accounting discrepancies. Responds to premium / billing questions.
    • Shares and / or conveys the most highly complex information to underwriters, agents, and brokers while maintaining a professional demeanor in all situations.
    • Participates helps coordinate departmental processes / special projects
    • Performs other duties as assigned.

    Qualifications

    • Minimum of 3 years of surety processing experience.
    • Associates Degree (or equivalent work experience)
    • Possess a high and extensive level of surety administration knowledge and skills
    • Frequent interaction with underwriters, agents and brokers so strong customer service skills are essential to this position.
    • Must be a highly effective communicator; both verbally and in writing. Able to communicate effectively with people at all levels from across the organization and with external contacts. 
    • Must be skilled at establishing and adjusting priorities as needed.
    • Strong time management skills and the ability to multi-task in a fast-paced environment.
    • Intermediate to advanced skills with MS Office, including Word, Excel and Outlook, as well as the ability to learn proprietary software.
    • May be required to travel less than 10% of the time to visit field offices. This includes some overnight travel as needed.

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