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New Job Opening: Renewal Specialist - Commercial in Woodridge, IL

salary Salary :

$50,000 - 70,000 yearly

Job Description - New Job Opening: Renewal Specialist - Commercial in Woodridge, IL


Job Description


Renewal Specialist - Commercial


Job Summary


Seeking a dedicated and detail-oriented Renewal Specialist - Commercial to join a growing and inclusive team. As a Renewal Specialist, you will play a critical role in managing and processing commercial lines renewals, ensuring client satisfaction and retention. This is an excellent opportunity for a motivated professional with a passion for the insurance industry to contribute to a hardworking and collaborative environment.


Compensation Package



  • Salary Range: $50,000 - $70,000 annually,

  • Competitive benefits package available


Responsibilities



  • Manage and process 80-100 commercial lines renewals, ensuring accuracy and timeliness.

  • Collaborate with Account Managers to ensure seamless handling of client accounts.

  • Review and analyze policy terms, conditions, and coverage to ensure alignment with client needs.

  • Communicate effectively with clients to address questions, provide updates, and resolve any issues related to renewals.

  • Maintain accurate and organized records of all renewal activities and documentation.

  • Stay updated on industry trends, regulations, and best practices to provide informed recommendations to clients.


Qualifications/Requirements



  • Licenses/Designations: Property & Casualty (P&C) license required.

  • Experience: Minimum of 2 years of experience in a similar role within the insurance industry.

  • Strong knowledge of commercial lines insurance products and policies.

  • Excellent organizational and time-management skills, with the ability to handle multiple renewals simultaneously.

  • Exceptional communication and interpersonal skills to build and maintain client relationships.

  • Proficiency in relevant software and tools used in the insurance industry.

  • A proactive and detail-oriented approach to problem-solving and decision-making.


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