-
Calculate premiums, refunds, commissions,
adjustments, and new reserve requirements,
using insurance rate standards.
-
Check computations of interest accrued, premiums due,
and settlement surrender on loan values.
-
Collect initial premiums and issue receipts.
-
Compare information from application to criteria for
policy reinstatement and approve reinstatement
when criteria are met.
-
Compose business correspondence for supervisors,
managers and professionals.
-
Correspond with insured or agent to obtain
information or inform them account status or
changes.
-
Examine letters from policyholders or agents,
original insurance applications, and other
company documents to determine if changes are
needed and effects of changes.
-
Interview clients and take their calls in order to
provide customer service and obtain
information on claims.
-
Modify, update, and process existing policies and
claims to reflect any change in beneficiary,
amount of coverage, or type of insurance.
-
Notify insurance agent and accounting department of
policy cancellation.
-
Obtain computer printout of policy cancellations or
retrieve cancellation cards from file.
-
Organize and work with detailed office or warehouse
records, maintaining files for each
policyholder, including policies that are to
be reinstated or cancelled.
-
Process and record new insurance policies and claims.
-
Process, prepare, and submit business or government
forms, such as submitting applications for
coverage to insurance carriers.
-
Review and verify data, such as age, name, address,
and principal sum and value of property on
insurance applications and policies.
-
Transcribe data to worksheets and enter data into
computer for use in preparing documents and
adjusting accounts.
