Premium Finance Associate I

Confie • Baton Rouge, LA, United States • $200k - $250k / year • 3w ago

Provides operational support to the Premium Finance Company, which may include processing of auto insurance premium finance loan payments, loan account maintenance, funding of loans, and settlement of Premium Finance contracts.

Logs and processes payments returned for non-sufficient funds
Logs and processes credit card payments disputed by customers
Processes loan amendments related to insurance policy premium changes
Reverses returned payments from insurance Premium Finance contracts and voids accounts as required
Ensures auto insurance policies are cancelled timely when Premium Finance contracts are cancelled due to non-payment of premium
Adjusts premium finance accounts as required to reflect changes in auto insurance premiums
Sends correspondence to customers as required to collect unpaid balances on auto insurance premium policies

Qualifications and Education Requirements

High school diploma or equivalent required
Associate's degree preferred
1-3 years of experience in insurance, banking, finance, or consumer loan industries required

Preferred Skills

Basic knowledge of Windows, Internet Explorer, and Microsoft Office
Effective oral and written communication skills
Ability to thrive in a high-paced setting, work under pressure, and meet required deadlines
Strong time management and organizational skills
Ability to work in office/hybrid setting depending on the role hired

Other Duties

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

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