Southern Trust Insurance Company’s Post

OMG! I have seen enough already!!! Title Agents: Three things about which you should never post... 1) Local news (nobody cares!) 2) Your recent award from your underwriter (absolutely nobody cares!) 3) A picture of the couple coming out of your closing room after signing (really... nobody cares!!) You have so much great (but buried) content in your organization--just talk to your people processing and closing these transactions. Talk to your sales team on the front line and ask them too. There are diamonds to be found if you take the time. Please stop wasting your time (and everyone else's) on bad content. If you disagree, DM me. I can take it!

One of my title agent friends recently shared that he had outsourced most, if not all, of his #titleproduction to his underwriter, which is uncommon in New Jersey. I was surprised because I know his title agency focuses on complex commercial transactions and because I know him to be a more traditional and conservative title agent. Although it may take some time for us to get comfortable with ceding control over our agency's title production, I've spent some time thinking about the pros and cons of outsourcing title production to the underwriters. PROS: - Examination and production becomes a COG, rather than an overhead cost. Especially during the down market of the past couple of years, this can make a big difference in profitability. - Product is backed by underwriter, mitigating the agent's risk. - There have been times when one of my readers has gone on vacation, or left the company, leaving me with a lack of capacity. Having a solution for these types of situations can help alleviate overwhelming the team. CONS: - I've noticed that a lot of the commitments prepared by underwriters (we rely on them in Pennsylvania) have a lot of redundant or extraneous requirements/exceptions. It's clear that, since these commitments are prepared by underwriters, they often feel the need to include more to mitigate their own risk. On my end - we end up spending the first 10 minutes omitting all the junk items on the commitment. - Lack of control over quality, turn times, and "the way we like things done". - No face behind the product - we frequently have questions, and it is helpful to know who read the file to ask them clarifying questions. This interaction is much harder when there is no direct channel between the reader and the title officer. I would love to hear the thoughts of any NJ title agents who use underwriter production or have tried it.

#hiring Stop Loss Underwriter, Milwaukee, United States, fulltime #jobs #jobseekers #careers #Milwaukeejobs #Wisconsinjobs #InsuranceSuperannuation Apply: https://lnkd.in/gj5j2mDX Job Summary Optimyl Benefits is seeking a Stop Loss Underwriter to price, quote, and analyze the structure of a contract and policy for a group employer based on group demographics, medical claims and utilization data, claims experience, and other characteristics of each unique risk. The position: Uses discretion of Underwriting authority within the policies of Optimyl and ensures appropriate levels of profitability and growth over time. Identifies when to decline quotes that do not fit the overall Optimyl strategy and risk structure. Analyzes risk factors for new business enrollment, annual renewals, and amendments in conformance with established underwriting policies, practices, and standards. Analyzes associated policies, guidelines, and market data to improve risk management, gain appropriate enrollment, or manage existing membership. Analyzes data such as financial conditions of the organization, participation percentage, type of industry, characteristics of employee groups, and characteristics of individual participants of the group, projected future care costs and past claim experience to determine what benefits can be offered and to set the rates. Prepares a variety of reports and provides rationale and support to other areas within the organization and possibly producers regarding one or more of the following: underwriting results, rate computations, and financial activity. Provides expense estimates and accurate analysis of financial exhibits. The job has knowledge and experience with Optimyl procedures, policies, and protocols. This is a mid-level position, with little oversight by Management when performing the essential responsibilities of the position. Essential Responsibilities: Responsible for a book of business of renewing accounts and writing new business at profitable levels to help Optimyl achieve overall business targets or assigned volume of new applications or RFPs. Uses various systems, tools, and resources to obtain necessary data and accurately complete and track assigned work. Evaluate eligibility of groups and the participating employees at the time of new business quote; evaluate eligibility of mid-year participating employee additions. Calculate rates, evaluate different financial arrangements

Hiring a knowledgeable real estate agent is your best bet to make sure your buying or selling process goes smoothly, but it also doesn't hurt to educate yourself on the way things work! Take a look at some of these terms you should know. The Kolsky Team

Property Adjusters - Will technology automate you out of a job? That’s up to you. If you are a 10-15 year career adjuster who has spent all your time on wind/hail residential claims because you can do them in your sleep… Then yes, technology will likely make you redundant. If you are a property adjuster who stays hungry, focused on career progression and professional development, and looks for your next challenge when your current work becomes easy…. Then no. You will always have a job. You know who I never hear worrying about their job in age of InsurTech? EGA’s. Complex, large loss adjusters. RCBAP flood adjusters. Multi-line adjusters Those who are eager to evolve their expertise, hungry for a more challenging role, and dedicated to formal professional development are simply not worried because their investment ensures they always have a seat at the table. Those who have stayed in wind/hail beyond two-five years in the business should definitely be worried.

Hiring a knowledgeable real estate agent is your best bet to make sure your buying or selling process goes smoothly, but it also doesn't hurt to educate yourself on the way things work! Take a look at some of these terms you should know. Anna Wickware

This 10 minute daily practice will help you become an underwriter. Documenting your day. Getting hired as a new underwriter will eventually require an interview, which will require stories and data that demonstrate certain qualities. Documenting will help you: >Find a variety of stories to choose from. Interview questions cover topics such as collaboration, analytical skills, customer service, time management, etc... Sharing a variety of stories will show your depth of experience in these topics. >Identify areas you need to be more intentional about. Can't find any stories that relate to problem-solving? That's your cue to create moments that demonstrate that in the near future. If your current situation doesn't provide these types of opportunities, volunteer where they do. >Track progress over a period of time. Going from A to B over certain period of time is concrete proof of progress. If you don't document where you start and where you end, then you're just walking on a treadmill. Data is evidence of progress. Track it.

Agents operate as field underwriters for the companies they represent. As such, what the agent sees when visiting a risk can constitute the company having knowledge about aspects of the risk. When an agent sees situations on the ground that violate a company’s guidelines but not the contract language, what actions should he take given his status as company representative?

Real estate agents face a high risk of violent encounters in the workplace, more so than many other professions. Which is why the USCCA has developed a highly specific Mini-Class to address this reality. WHAT REAL ESTATE AGENTS WILL LEARN THROUGH THE REAL ESTATE AGENT SAFETY & SELF-DEFENSE MINI-CLASS: ✅How to identify job-related activities that put agents at risk of an attack. ✅Situational Awareness: Teach students the finer points of tuning into their environment, helping them avoid a potentially violent encounter. ✅Commonly used cell phone safety features and apps that can be used to keep agents safe. ✅Legal use-of-force: What criteria must be met before an agent can use reasonable or deadly force – and the consequences that might follow. ✅Defensive Options: Armed, unarmed and less lethal. Agents, use this opportunity to become better protected and prepared today! Sign up today ➡️ https://bit.ly/4d5ASS0 Don’t miss this class Tuesday, August 27th @6pm Camp Hill, PA REMAX Real Estate Group Berkshire Hathaway HomeServices Real Estate Professionals Properties and Listings Coldwell Banker Realty

Hiring a knowledgeable real estate agent is your best bet to make sure your buying or selling process goes smoothly, but it also doesn't hurt to educate yourself on the way things work! Take a look at some of these terms you should know. Mark Hammond