Sr Rating Specialist
Job ID #: 7360 Location: Syracuse, NY
Functional Area: Operations SBU: 27100 - Commercial Lines Operations
Position Type: Full - Time
Education Required: Not Indicated
Experience Required: 1 - 3 Years
Relocation Provided:
Job Description
“Where Great People Build Successful Careers!”
The Hanover Insurance Group is seeking a Senior Rater for our Syracuse, NY office.
Proud history…Smart growth…The best company for outstanding professionals.
Recognized in 2014 by Business Insurance as a Best Places to Work, The Hanover is proud to be among the top 25 property and casualty insurers in the United States. The company employs more than 5,000 dedicated and experienced professionals who are focused on a single vision—to create a world class company.
Join our winning culture and help us advance our journey to be the best company in our business.
Responsibilities:
- The Sr. Rater will be responsible for determining premium charge for Commercial Lines business using both manual and automated methods.
- Responsible for the timely and accurate issuance of commercial lines policies, quotes, and endorsements.
- Provides customer service support for agents and underwriters, handling various inquiries and requests with a high level of complexity.
- Works more with CL Underwriters to deliver a timely and accurate product to agents and underwriters for multiple and/or more complex lines of business with continued focus to manage at an account level.
- Interprets issuance and rating instructions from Underwriters for new business, renewals, policy quotes, endorsements and cancellations for small and middle market business, and acts as a resource to other areas and regions.
- Takes initiative to investigate, collaborate with others and propose solutions to problems.
- Takes ownership for a successful resolution.
- Actively participates in team discussions and problem solving. Anticipates customer needs.
- Can rate for all lines of business and multi-states. Line of business expert.
- Recognizes discrepancies in data/information, brings them to the attention of appropriate parties or resolves them.
- Demonstrates a proactive attitude in the resolution of such discrepancies.
- Demonstrates a “do it right the first time” attitude.
- Takes pride in producing a professional work product.
- Delivers timely and accurate quotes and policies.
- Proactive outreach to agents and underwriters for issue resolution and ease of doing business.
Position Requirements
Position Requirements
- Bachelors Degree or Industry Designation Preferred.
- Minimum 5-7 years of insurance experience in Commercial Lines commensurate with responsibility of the role.
Benefits To Joining The Hanover Team:
•Competitive Pay and Benefits
•Retirement/401(k) Program
•Beneficiary and Ability Assist Programs
•Travel Assistance Program
•Adoption Benefit
•Wellness Programs
•Matching Education Gifts Plan
•Employee Development/Education Assistance and Professional/Industry Designation Programs
•Generous "Time Off With Pay"
The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester, Citizens Insurance Company of America, headquartered in Howell, Michigan, Chaucer Holdings PLC, based in London and their affiliates.
The Hanover offers a wide range of property and casualty products and services to businesses, individuals, and families through a select group of independent agents across the U.S., and has been meeting its obligations to its agent partners and their customers for nearly 160 years. The company is ranked among the top 25 property and casualty insurers in the country and maintains excellent ratings from A.M. Best, Standard & Poor’s and Moody’s.
EEO Statement
The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.
The Hanover Insurance Group does not accept unsolicited Agency resumes. The Hanover Insurance Group will not pay fees to any third party agency or firm that does not have a signed "Employment Agency Agreement" already on file with Human Resources - The Office of Talent Management.
Job ID #: 7360 Location: Syracuse, NY
Functional Area: Operations SBU: 27100 - Commercial Lines Operations
Position Type: Full - Time
Education Required: Not Indicated
Experience Required: 1 - 3 Years
Relocation Provided:
Job Description
“Where Great People Build Successful Careers!”
The Hanover Insurance Group is seeking a Senior Rater for our Syracuse, NY office.
Proud history…Smart growth…The best company for outstanding professionals.
Recognized in 2014 by Business Insurance as a Best Places to Work, The Hanover is proud to be among the top 25 property and casualty insurers in the United States. The company employs more than 5,000 dedicated and experienced professionals who are focused on a single vision—to create a world class company.
Join our winning culture and help us advance our journey to be the best company in our business.
Responsibilities:
- The Sr. Rater will be responsible for determining premium charge for Commercial Lines business using both manual and automated methods.
- Responsible for the timely and accurate issuance of commercial lines policies, quotes, and endorsements.
- Provides customer service support for agents and underwriters, handling various inquiries and requests with a high level of complexity.
- Works more with CL Underwriters to deliver a timely and accurate product to agents and underwriters for multiple and/or more complex lines of business with continued focus to manage at an account level.
- Interprets issuance and rating instructions from Underwriters for new business, renewals, policy quotes, endorsements and cancellations for small and middle market business, and acts as a resource to other areas and regions.
- Takes initiative to investigate, collaborate with others and propose solutions to problems.
- Takes ownership for a successful resolution.
- Actively participates in team discussions and problem solving. Anticipates customer needs.
- Can rate for all lines of business and multi-states. Line of business expert.
- Recognizes discrepancies in data/information, brings them to the attention of appropriate parties or resolves them.
- Demonstrates a proactive attitude in the resolution of such discrepancies.
- Demonstrates a “do it right the first time” attitude.
- Takes pride in producing a professional work product.
- Delivers timely and accurate quotes and policies.
- Proactive outreach to agents and underwriters for issue resolution and ease of doing business.
Position Requirements
Position Requirements
- Bachelors Degree or Industry Designation Preferred.
- Minimum 5-7 years of insurance experience in Commercial Lines commensurate with responsibility of the role.
Benefits To Joining The Hanover Team:
•Competitive Pay and Benefits
•Retirement/401(k) Program
•Beneficiary and Ability Assist Programs
•Travel Assistance Program
•Adoption Benefit
•Wellness Programs
•Matching Education Gifts Plan
•Employee Development/Education Assistance and Professional/Industry Designation Programs
•Generous "Time Off With Pay"
The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester, Citizens Insurance Company of America, headquartered in Howell, Michigan, Chaucer Holdings PLC, based in London and their affiliates.
The Hanover offers a wide range of property and casualty products and services to businesses, individuals, and families through a select group of independent agents across the U.S., and has been meeting its obligations to its agent partners and their customers for nearly 160 years. The company is ranked among the top 25 property and casualty insurers in the country and maintains excellent ratings from A.M. Best, Standard & Poor’s and Moody’s.
EEO Statement
The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.
Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.
The Hanover Insurance Group does not accept unsolicited Agency resumes. The Hanover Insurance Group will not pay fees to any third party agency or firm that does not have a signed "Employment Agency Agreement" already on file with Human Resources - The Office of Talent Management.