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Remote Insurance Rater Jobs in Hoboken, NJ (NOW HIRING)

... rating and pricing analyses for complex or high-value commercial insurance opportunities ... We embrace a remote-first culture through our Flexible Workplace. Most employees hold Home-Flex ...

Life Insurance Agent

Corona, NY · Remote

$50K - $100K/yr

Kimbrell Agency Remote Employment Type: Contractor Compensation $50,000 to $100,000 per year (plus ... rates in the industry. World-Class Travel & Incentives: Have the ability to earn 3-4 fully-paid ...

Life Insurance Agent

Brooklyn, NY · Remote

$50K - $100K/yr

Kimbrell Agency Remote Employment Type: Contractor Compensation $50,000 to $100,000 per year (plus ... rates in the industry. World-Class Travel & Incentives: Have the ability to earn 3-4 fully-paid ...

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Remote Insurance Rater information

How to make 2000 a week working from home?

A remote insurance rater can potentially earn $2,000 or more weekly by working full-time hours, accurately assessing insurance applications, and gaining experience to increase productivity. Developing strong analytical skills, familiarity with insurance policies, and efficient use of rating software can improve earning potential. Consistent performance and possibly working for multiple clients or companies can help reach higher income levels.

What are some common challenges faced by Remote Insurance Raters and how can they be addressed?

Remote Insurance Raters often encounter challenges such as interpreting complex policy language, maintaining accuracy while reviewing high volumes of applications, and staying updated on varying state regulations. To address these, it's important to develop strong attention to detail, utilize digital tools for efficient document management, and participate in regular training sessions. Clear communication with underwriters and other team members is also key to resolving ambiguous cases and ensuring consistency across ratings.

What are the key skills and qualifications needed to thrive as a Remote Insurance Rater, and why are they important?

To thrive as a Remote Insurance Rater, you need strong analytical abilities, attention to detail, and typically a background in insurance or a relevant certification such as the Associate in Personal Insurance (API). Familiarity with rating software, policy management systems, and spreadsheet tools like Excel is usually required. Excellent written communication, time management, and problem-solving skills help remote raters collaborate effectively and process applications efficiently. These skills and qualifications ensure accurate policy rating, minimize errors, and support seamless remote workflow in the insurance industry.

What jobs pay 500,000 a year in the US?

High-paying roles such as senior insurance underwriters, actuaries, or insurance executives can reach or exceed $500,000 annually, especially with bonuses and profit sharing. These positions typically require advanced degrees, extensive experience, and strong analytical or leadership skills within the insurance industry.

What does a Remote Insurance Rater do?

A Remote Insurance Rater is responsible for evaluating insurance applications and calculating premiums based on risk assessment guidelines, but they perform their work from a remote location rather than an office. They review data such as client history, coverage requests, and relevant financial or personal information to determine the appropriate insurance rate. Their work ensures that premiums are fair and aligned with company policies and regulatory requirements. Remote Insurance Raters typically use specialized software and communicate with agents or clients via phone or email.

What job makes $10,000 a month without a degree?

A remote insurance rater can potentially earn $10,000 a month by evaluating insurance applications and risk factors, often working independently or for specialized companies. Success depends on experience, efficiency, and the volume of assessments completed, with some roles offering high earning potential without requiring a formal degree.

What jobs pay 2000 a day?

Remote Insurance Raters typically do not earn $2000 a day; they usually earn hourly or project-based pay that is significantly lower. High-paying jobs that can reach $2000 daily include specialized consulting, executive roles, or certain freelance professions requiring advanced skills and experience. Such roles often require significant expertise, certifications, or a strong professional reputation.
What are popular job titles related to Remote Insurance Rater jobs in Hoboken, NJ? For Remote Insurance Rater jobs in Hoboken, NJ, the most frequently searched job titles are:
What job categories do people searching Remote Insurance Rater jobs in Hoboken, NJ look for? The top searched job categories for Remote Insurance Rater jobs in Hoboken, NJ are:
Elite Premium insurance Field Auditor

Elite Premium insurance Field Auditor

ExlService Holdings, Inc.

New York, NY • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 21 days ago


ExlService Holdings rating

8.3

Company rating: 8.3 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

59th of 427 rated business services


Job description

About the EXL Insurance Premium Audit Group: 
  
A leader in the field, EXL can complete all levels of premium audits on all auditable exposure types. We train our 450+ highly skilled professionals worldwide utilizing our industry-leading training platform and curriculum. 
This expertise is combined with a technology-enabled proprietary platform, with predictive modeling capabilities. 
Using a Premium Audit selection model, the team can predict the likelihood of policy misclassification, automatically assign audit methods to save carriers time and money, and use machine learning to continuously improve correlation and prediction accuracy.
  
To learn more about the EXL Insurance Premium Audit Group visit us at  www.exlservice.com/industries/insurance/premium-audit 

 

Why work for the EXL Insurance Premium Audit Team?

  • 17 days paid vacation, plus 10 paid holidays 
  • Work from home when not in the field 
  • Competitive base compensation, including performance-based bonuses.
  • Benefits package that includes medical, dental, vision, disability coverage, and 401k 
  • Career advancement opportunities 
  • Laptop and other necessary office equipment provided 

***Applicants must have 5+ years' experience performing remote/field Premium Insurance Audits to be considered for this Elite Premium Auditor role***

Job Description Summary:

Advanced level position in which the incumbent's responsibilities include performing physical and remote audits of insured's business. Interviews, investigates, collects, and records information to be used in a written report that is provided to the insurance carrier.

Compensation: 

  • Pay Type: Hourlyplusproduction bonus incentives,inaccordance with EXL's policies 
  • Total compensation for this position, which is a combination of an hourly base rateplusproduction bonus incentives, is targeted between $60k - $90plus in total earningswithin the first year.
    • Hourly base rate is dependent upon job specific experience and location. 
      For more information on benefits and what we offer please visit us at https://www.exlservice.com/us-careers-and-benefits

There is no cap on production bonus incentives  

The posted range is the hiring range for this role - a subset of the broader range available to employees over time - and reflects base salary across our national hiring scale. Final offers are based on several factors, including the candidate's skills and experience, internal pay equity, work location, market conditions for the role, and the specific scope and responsibilities of the position. The top of the range is reserved for candidates who notably exceed the requirements; the lower end applies to those with less experience or fewer preferred qualifications. For positions based in higher-cost zones (e.g., California, New York, New Jersey), actual compensation may exceed the posted range; your recruiter will share specifics during the process.

  • Ability to work independently from home
  • MUST be in current possession of reliable transportation and a valid driver's license.
  • Experience with the MS Office Suite (excel, word, outlook, etc.)
  • Must be self-motivated, self-disciplined and exhibit a willingness to learn
  • Excellent time management
  • Excellent verbal and written communication skills
  • High School Diploma or GED required.

Territory: Staten Island, NY.

#RSREXL

EEO/Minorities/Females/Vets/Disabilities

Base Salary Range Disclaimer:The base salary range represents the low and high end of the EXL base salary range for this position. Actual salaries will vary depending on factors including but not limited to: location and experience.The base salary range listed is just one component of EXL's total compensation package for employees.Other rewards may includebonuses, as well as a Paid Time Off policy, and many region specific benefits.

Please also note that the data shared through the job application will be stored and processed by EXL in accordance with the EXL Privacy Policy.


Application & Interview Impersonation Warning - Purposely impersonating another individual when applying and / or participating in an interview in order to obtain employment with EXL Service Holdings, Inc. (the "Company") for yourself or for the other individual is a crime. We have implemented measures to deter and to uncover such unlawful conduct. If the Company identifies such fraudulent conduct, it will result in, as applicable, the application being rejected, an offer (if made) being rescinded, or termination of employment as well as possible legal action against the impersonator(s).


EXL may use artificial intelligence to create insights on how your candidate information matches the requirements of the job for which you applied. While AI may be used in the recruiting process, all final decisions in the recruiting and hiring process will be taken by the recruiting and hiring teams after considering a candidate's full profile. As a candidate, you can choose to opt out of this artificial intelligence screening process. Your decision to opt out will not negatively impact your opportunity for employment with EXL.

Essential Duties and Responsibilities:

  • Performs audit activities as assigned by the Area and/or Regional Manager.
  • Audit responsibilities will include determining audit priorities and scheduling to meet stated deadlines, preparation of appointment letters, performing detailed review of all related business records, and preparing written reports of findings.
  • Meets with business owners/managers to review audit results and implement any actions required.
  • Transmits completed reports to Quality Review for handling by the required due date.
  • Corrects and completes audits previously returned for correction and transmits back to Quality Review in a timely manner by Auditor expectations and SOP.

Non-Essential Duties and Responsibilities:

  • Maintains accurate audit and business records related to, but not limited to, audit assignments, expense reports, time reporting, etc.
  • Performs other duties as assigned.

Required Knowledge, Skills, and Abilities:

  • Strong analytical skills and an attention to detail.
  • Ability to manage time and perform responsibilities with little direct supervision.
  • Good interpersonal skills and ability to communicate effectively with co-workers and clients.
  • Ability to utilize resources available to complete assigned projects successfully.
  • Knowledge of computer applications to document and record audit findings.
  • Familiarity with the importance of audit functions.