Insurance Administrator

Who we are:

Arora is a Miami Beach, Florida-based company providing consulting and administrative support services to specialty insurance and reinsurance companies. We are a team of dedicated and motivated professionals, highly experienced in servicing new and emerging businesses in niche marketplaces, We specialize in the delivery of sophisticated insurance and risk management strategies in emerging sectors with a focus on crypto/blockchain operations and cannabis operations.

Working in unison with our clients, Arora offers integrated and efficient solutions in a customized and effective manner. Our services range from policy administration, research and analysis to accounting and human resource functions. We operate in a dynamic market that requires flexibility, creativity, critical thinking, excellent customer service, and the ability to execute.

What we offer: 

• A comprehensive health insurance plan, including medical, dental, vision and life insurance. 
• 401K Match
• We lead the market with highly competitive salaries and a competitive bonus plan 
• Stock Option Plan
• Extensive training and mentorship opportunities 
• Educational stipends in related and potential industries  
• An environment where your opinion is not only heard but crucial to our team's success 
• A multitude of growth opportunities 

Who we are looking for:

We are searching for an Insurance Administrator who will be responsible for providing administrative and clerical support to our team. The Underwriting Administrator will be responsible for providing administrative and clerical support to the Underwriting Team. Have an understanding of non-life insurance coverages? and be able to efficiently and accurately prepare all policy related documents, including but not limited to, quotations, binders, invoices and policy forms. The Insurance Administrator must be able to handle confidential matters, exercise good judgment in a variety of situations, possess strong written and verbal communication, demonstrate high-level administrative and organizational skills, and proven success maintaining balance among multiple and shifting priorities 

What you will do:

• Maintaining databases for all insurance policy effective dates and coverage 
• Review proposals and policies to complete coverage & premium comparison 
• Communicate in writing and verbally with insurance agents, vendors and brokers 
• Comply with all policies, procedures, and regulations 
• Complete all necessary paperwork (both electronically and in hardcopy) to ensure accurate records are maintained 
• Entering all policy data into bound schedule 
• Assign and maintain policy, binder, client numbers and endorsements 
• Maintain premium payments and financial schedule of accounts  of insurance binders, contract wordings and/or endorsements as needed; including drafting and typing of such
• Prepare and process insurance contract invoices
• Monitoring client accounts to ensure policies are in place and avoid lapses in coverage 
• Manages calendars, requiring interaction with clients and assistants to coordinate a variety of meetings;
• Prepares correspondence
• Consistent communication and gathering of information from underwriting team 
• Ability to work as part of a team and independently, willingness to complete assigned tasks in a timely manner;
• Proofing for spelling & grammar;
• Processing expenses including travel reimbursement, invoice payments, etc.
• Assist with special projects as requested 
• Other duties as assigned 

Insurance Administrator Job Requirements:

• 2 years of experience working in the Insurance (Strongly Preferred)
• Bachelor’s degree (B.A. or B.S.) from a four-year college or university, preferable in a business-related field (Strongly Preferred)
• Experience with client services and client communication
• Excellent oral and written communication skills
• Strong attention to detail, time management and decision-making skills
• Must be comfortable working in a fast-paced, sophisticated environment that requires adaptability and creativity
• Extreme flexibility in a start-up environment
• Strong Knowledge of Microsoft Office (including Word, Excel, PowerPoint, Outlook, SharePoint and Teams)
• Bi-Lingual English / Spanish a plus

Job Type: Full-time

Work Location: Miami Beach, FL

Salary: $55,000 - $65,000

Schedule: Must be able to work full-time from Monday through Friday.

Arora Strategies, LLC is an Equal Opportunity Employer and prohibits discrimination and harassment of any kind. All employment decisions at Relm are based on business needs, job requirements and individual qualifications, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, family or parental status, or any other status protected by the laws or regulations in the locations in which we operate. Arora has never and will not tolerate discrimination or harassment based on any of these characteristics.