Associate Account Analyst

Description This•Naperville, IL

1d•Hybrid

About The Position

This is an entry-level position within the Account Analyst job family, with a goal of acquiring a basic understanding of risk evaluation on new and renewal business. The role involves proficiency with AI tools and managing general liability, umbrella, and excess insurance policies. The Associate Account Analyst gathers, organizes, and enters information into pricing models, performing initial analysis of exposure, loss, and coverage for the underwriter. This role supports the underwriter and agent/broker with highly responsive service by managing the workflow from clearance through policy issuance and file documentation, and coordinating service requests in a timely manner. The position deconstructs submissions by identifying, gathering, and entering information into systems, pricing tools, and models, flagging referral triggers, and initiating/managing requests to internal service providers. The Associate Account Analyst also gathers, analyzes, and ensures the accuracy of pricing and proposal information used by the underwriter. Additionally, they provide customer service to brokers and agents, execute post-sale account management workflow, and initiate pre-renewal communications. The role supports the underwriter with mid-term account reviews, ongoing service, service planning, and endorsements.

Requirements

Proficient with AI tools
Manage general liability, umbrella and excess insurance policies
Critical thinking/problem solving
Decision making
Customer focus
Detail orientation
Written/verbal communications
Organization
Adaptability
Courtesy
Dependability
Ability to learn/apply new information quickly and accurately
2 or more years of related work experience

Nice To Haves

Associates or bachelor’s degree preferred

Responsibilities

Gathers, organizes and enters information into pricing models; and performs the initial analysis of exposure, loss and coverage for the underwriter.
Supports the underwriter and agent/broker with highly responsive service by managing the workflow from clearance through policy issuance and file documentation.
Coordinates service requests in a timely manner.
Deconstructs submissions by identifying, gathering and entering information into systems, pricing tools and models, flagging referral triggers, and initiating/managing requests to internal service providers (e.g., rating).
Gathers, analyzes and ensures the accuracy of pricing and proposal information (rating and pricing tool output, proposal language, coverage forms and endorsements, financial and legal agreements and offer/ disclosure /election forms) used by the underwriter to complete the coverage review, hazard analysis, pricing strategy and proposal.
Provides customer service to brokers and agents to facilitate the processing of business; answers questions, resolves problems on topics such as policy transactions, billing, and service needs.
Executes post-sale account management workflow, including initiation of billing, policy issuance, acquisition of account agreements and file documentation.
Initiates pre-renewal communications via conditional/non-renewal notice draft when necessary.
Supports the underwriter with mid-term account reviews / stewardship, ongoing service, service planning and endorsements.