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Business Rater II - Lead Business Rater, Commercial Insurance

Company Name:
Liberty Mutual
Title: Business Rater II - Lead Business Rater, Commercial Insurance Location: OH-Fairfield Other Locations:
Advance your Finance and Accounting career at Liberty Mutual Insurance- A Fortune 100 Company!

Under moderate supervision, responsible for rating/coding a range of insurance policies and/or audit transactions of average complexity in Business Markets. Frequently exercises initiative and independent judgement and solves problems of limited scope and complexity.
Please Note: This position is eligible to be hired at a Business Rater II to a Lead Business Rater depending on experience.

Responsibilities:
Interprets and applies undrwriting, audit, sales, Bureau and Company instructions for policy and/or audit rating, premium coding, statistical coding to calculate a range of insurance policies and/or audit transaction in Business Markets.
Analyzes new business applications, renewal instructions, requests for policy changes, and/or audit data verifying all pertinent information to produce policy and/or audit transactions.
Applies, interprets and maintains Bureau and Company rating manuals, supplements, procedural bulletins and all pertinent system applications needed to perform calculations.
Prepares instructions for policy writing and billing instructions, and statistical coding for Policy Production, Accounting and Statistical.
Computes premium charges using rating manuals for variables such as loss and expense constants, experience modifications, discount factors, dividends, etc.
May answer questions and provide guidance to other raters.
Performs additional duties as requested.
Qualifications:
Good math, problem solving, detail and interpretation skills in order to issue rated policies and audit transactions.
Broad working knowledge of technical procedures of insurance coverages, procedures, rating/coding manuals and other departments.
High school diploma or equivalent training, plus a minimum of 18 months of insurance related experience preferable in Business Markets is required.
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following :
401K and Company paid pension plan
Medical coverage
Dental coverage
Paid time-off
Pay-for-Performance
Discounts on automobile and homeowner's insurance
Discount fitness memberships
Flexible spending accounts
Tuition reimbursement
Vision care coverage
Work/Life resources
Credit Union membership
Employee and Dependent life insurance
Disability insurance
Accidental death & dismemberment insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives everyday.
Responsibility. What's your policy?
Finance & Accounting Business Rater II - Lead Business Rater, Commercial Insurance OH-Fairfield 53993

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