Reinsurance/Compliance Coordinator

Location
Bloomington, Minnesota
Salary
Not Specified
Posted
Feb 07, 2024
Closes
Apr 07, 2024
Ref
R24_0000000308#GIJ-BrownBrown.1
Job Type
Not Specified
Career Level
Not Specified
Workplace
In-Office

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking a Reinsurance/Compliance Coordinator to join our growing team in Bloomington, MN!

WHAT YOU'LL DO:

  • Work closely with our dealerships, external reinsurance account managers and banks to establish new accounts and maintain existing reinsurance companies.
  • Follow through on opening new reinsurance accounts as the process progresses.
  • Creates, maintains, and distributes monthly reporting to account managers and Client Relations Managers.
  • Reconcile premium deposits with internal system and external client bank deposits.
  • Work closely with the auditors, dealer principals, account managers and internal agents to provide requested information for reinsurance companies and answer questions.
  • Provide quick and courteous responses to all customer inquiries.
  • Maintain detailed records and activities in agency's data management systems.
  • Foster and seek relationships with teammates across all levels of Brown & Brown.
  • Review and file contracts with our underwriters, F&I Sentinel, Lenders and necessary states for approval.
  • Ensure compliance with government agencies and corporate policies and procedures.
  • Work with internal team to update contracts if objections are received and resubmit filings.
  • Follow through on filings to get to the finish line with an approval.
  • Attend training sessions, courses, etc. to maintain up-to-date skills.
  • Always conduct the highest level of confidentiality.
  • Perform additional duties that will arise from the growth that the BBDS wholesale program will see over the coming years.

WHAT YOU'LL NEED:

  • Insurance experience and knowledge desired
  • Proficiency in Microsoft Windows, Office 365, Word, and Excel
  • Excellent written and verbal communication skills
  • Excellent organizational skills and attention to detail
  • Ability to read and understand Automotive Service Contracts

WHAT WE OFFER:

  • Excellent growth and advancement opportunities
  • Competitive pay based on experience
  • Paid time off
  • Generous benefits package: health, dental, vision, 401(k), etc.
  • Employee Stock Purchase Plan

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.