E&S Filings Specialist (Bala Cynwyd, PA or Naperville, IL)

Description

Marketing Statement:

Philadelphia Insurance Companies, a member of the Tokio Marine Group, designs, markets and underwrites commercial property/casualty and professional liability insurance products for select industries. We have been in operation since 1962 and are nationally recognized as a member of Ward's Top 50 and rated A++ by A.M.Best.

We are looking for a E&S Filings Specialist to join our team!

Summary:

Manage proper handling of E&S Lines policies requiring Tax and Fee Filing services for assigned states. Verify proper Home State, Due Diligence and the “Stamping” of state specific verbiage on policy declarations pages. Remit Filings for policies and appropriate taxes and fees directly to state Departments of Insurance.

A typical day will include the following:

Prepares and submits Surplus Lines Filing information to state regulatory agency.

Reviews policy information and identifies the Home State of the Insured Business. Verifies that all required documentation has been received as outlined with the Home State of the Insured Business and that the paperwork is accurately completed. .

Verifies that a diligent effort has been made to place the policy with the Admitted Market first in accordance with state guidelines as outlined by the home state of the insured business

Applies appropriate “Stamp” to the policy Declarations with state specific verbiage; uploads compliant policy to PATH and removes non-compliant policy.

Researches state changes, resolves problems with Filings as well as assists with periodic state audits.

Accurately calculates state and/or municipal taxes. Remits state taxes and stamping fees to state regulatory agency. Reconciles state taxes quarterly, semi-annually or annually as required by the respective state.

Acts as a resource to internal peers/customers requiring assistance throughout the Filing process

Qualifications:

• Previous experience within the insurance industry either at the agency level or company level

• Previous experience working within a highly regulated industry.

• Intermediate level Excel user

• Strong communication skills, strong problem solving ability and a strong ability to manage through change.

• High attention to detail, accuracy and demonstrated business math competency.

• Proficiency with Microsoft Office, including Outlook, Word and Microsoft OneNote

• Demonstrated ability to focus and deliver superior customer service to internal and external customers

• Education/Certification Requirements:

• Undergraduate Degree Preferred, will accept relevant insurance designation and/or minimum of 3 years’ experience in the insurance industry in lieu of Undergraduate Degree

• 2-3 years of experience in insurance, financial services, or other highly regulated industry

National range: $57,000 - $63,700

Ultimate salary offered will be based on factors such as applicant experience and geographic location

EEO Statement:

Tokio Marine Group of Companies (including, but not limited to the Philadelphia Insurance Companies, Tokio Marine America, Inc., TMNA Services, LLC, TM Claims Service, Inc. and First Insurance Company of Hawaii, Ltd.) is an Equal Opportunity Employer. In order to remain competitive we must attract, develop, motivate, and retain the most qualified employees regardless of age, color, race, religion, gender, disability, national or ethnic origin, family circumstances, life experiences, marital status, military status, sexual orientation and/or any other status protected by law.

Benefits:

We offer a comprehensive benefit package, which includes tuition reimbursement and a generous 401K match. Our rich history of outstanding results and growth allow us to focus our business plan on continued growth, new products, people development and internal career opportunities. If you enjoy working in a fast paced work environment with growth potential please apply online.

Additional information on Volunteer Benefits, Paid Vacation, Medical Benefits, Educational Incentives, Family Friendly Benefits and Investment Incentives can be found at https://www.phly.com/Careers/default.aspx

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