Calculate premiums, refunds,commissions, adjustments, and new reserve requirements, usinginsurance rate standards.
Check computationsof interest accrued, premiums due, and settlement surrender on loanvalues.
Collect initial premiums and issuereceipts.
Compare information from applicationto criteria for policy reinstatement and approve reinstatement whencriteria are met.
Compose businesscorrespondence for supervisors, managers andprofessionals.
Correspond with insured oragent to obtain information or inform them account status orchanges.
Examine letters from policyholders oragents, original insurance applications, and other companydocuments to determine if changes are needed and effects ofchanges.
Interview clients and take theircalls in order to provide customer service and obtain informationon claims.
Modify, update, and processexisting policies and claims to reflect any change in beneficiary,amount of coverage, or type of insurance.
Notify insurance agent and accounting department ofpolicy cancellation.
Obtain computer printoutof policy cancellations or retrieve cancellation cards fromfile.
Organize and work with detailed officeor warehouse records, maintaining files for each policyholder,including policies that are to be reinstated orcancelled.
Process and record new insurancepolicies and claims.
Process, prepare, andsubmit business or government forms, such as submittingapplications for coverage to insurance carriers.
Review and verify data, such as age, name, address, andprincipal sum and value of property on insurance applications andpolicies.
Transcribe data to worksheets andenter data into computer for use in preparing documents andadjusting accounts.