Operations Associate
Company Details:
At Berkley Program Specialists, we are dedicated exclusively to program business and excel at partnering with program administrators who possess significant underwriting expertise for homogeneous, niche classes of business. We enjoy the strength and stability that comes with being a Berkley Company and underwrite our programs through our member insurance companies, which are A+ (Superior), Financial Size Category XV, by A.M. Best.
Responsibilities:
The Data Processing Associate plays an integral role in our team's success. If you love data management, this is the role for you! You'll work heavily with Excel, and our internal data programs collaborating with colleagues to support our decision making.Insurance industry experience is a plus, but not necessary and this is an excellent entre into a growing business sector!
Responsibilities include:
- Process transactional data files from Program Administrators (PA), Third Party Administrators (TPA) or Carrier Partners
- Track the receipt of monthly transactional data files. Notify the relevant program manager or the Claims Department if data is late.
- Load data files from each PA, TPA, or Cedent into the company system.
- Identify and resolve data issues by communicating with PA, TPA, Cedents and BIS staff.
- Perform data reconciliations.
- Assist as needed with Policy coding, Rating and Issuance
- Assist in maintaining and organizing database data to ensure efficient and effective data retrieval and reporting. Routinely review data to maintain proper data structure and accuracy.
- Assist in the development of data reports and structures for statistical ISO/PCI statutory reporting.
- Assist with monthly, quarterly and annual reports, including data calls for state reporting agencies.
- Record retention coordination and validation
- Cash application
- Provide back-up support for Office Manager
- Other Duties as assigned
Qualifications:
- Minimum of 1-3 years of office experience, preferably in the financial service or insurance industry
- Advanced MS Office knowledge (Word, Excel, and Powerpoint)
- Ability to set priorities, meet deadlines, and multi-task with minimal supervision
- Highly organized, attentive to detail and analytical
- Strong problem solving
- Initiative and self-motivated
- Ability to work as part of a team and independently
- Strong communication, organization, and planning skills
- Regular and predictable attendance
Additional Company Details: We do not accept any unsolicited resumes from external recruiting firms.
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role includes:
Base Salary Range: $55,000 - $60,000
The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.
Eligible to participate in the annual discretionary bonus programBenefits: Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.