Baton Rouge, Louisiana, USA
30 days ago
Premium Finance Associate I

Pay 

$15.00 Per Hour

Role Type

Hybrid: 2 days onsite, 3 days remote

Purpose

To support several key Premium Finance operations tasks, which may include payment processing and maintenance, funding of loans, and settlement of Premium Finance contracts

 

Essential Duties & Responsibilities

Receive, verify, apply, and reconcile customer payments received by mail Create daily deposits and reconcile them to batch totals Log and process NSF payments Execute daily payables process to fund loans and ancillary products Apply a returned premium to settle Premium Finance contracts and issue refunds as necessary Apply mailed-in installment payments to PFA to Finance Pro Post/Deposit installment, renewal, and commission payments to Wells Fargo daily Create and distribute daily deposits, payables, and ACH transfers Process returned mail Perform Flat Cancellation on Premium Finance contract as required Verify and mail customer refund checks Process small balance write-offs as required

 

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 Attention to details 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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