Insurance Policy Processing Officer
Al Quds Insurance Company
Calculate premiums, refunds, commissions, adjustments, and new reserve requirements, using insurance rate standards. Check computations of interest accrued, premiums due, and settlement surrender on loan values. Collect initial premiums and issue receipts. Compose business correspondence for supervisors, managers and professionals. Correspond with insured or agent to obtain information or inform them account status or changes. Interview clients and take their calls in order to provide customer service and obtain information on claims. Modify, update, and process existing policies and claims to reflect any change in beneficiary, amount of coverage, or type of insurance. Organize and work with detailed office or warehouse records, maintaining files for each policyholder, including policies that are to be reinstated or cancelled. Transcribe data to worksheets and enter data into computer for use in preparing documents and adjusting accounts.