What are the responsibilities and job description for the Premium Finance Associate I position at Confie Administrative Services Inc?
Pay Range:
- $15 - $16 / Hourly
Our Perks:_
- Generous PTO plans, sick pay and health benefits
- Annual bonus based on employment standing*
- Work from home and hybrid model employment
- Confie Enablement Fund/ Scholarship Program
- I-Care Recognition Program
- Corporate Social Responsibility Program
- Diversity, Equity and Inclusion Initiatives
- Confie Hub and Discount Programs (Gym Membership)
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 reconciles to batch totals
Log and process NSF payments
Execute daily payable process to fund loans and ancillary products
Apply returned premium to settle Premium Finance contracts and issue refund 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 of Premium Finance contracts 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 working 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 detail
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
Salary : $15 - $16
