Premium Finance Associate I

Confie; Baton Rouge (LA); Hybrid; USD 35,000 - 50,000; Full time

Job summary

A leading company in the finance sector is seeking a candidate to support Premium Finance operations by processing payments, funding loans, and maintaining contracts. The ideal candidate will have strong communication skills and the ability to manage time effectively in a fast-paced environment. This role involves a hybrid work setting and offers comprehensive benefits including generous PTO and an annual bonus based on performance.

Benefits

Generous PTO plans, sick pay and health benefits

Annual bonus based on employment standing

Corporate Social Responsibility Program

Diversity, Equity, and Inclusion Initiatives

Confie Hub and Discount Programs (Gym Membership)

Qualifications

• 1-3 years of experience in insurance, banking, finance, or consumer loan industries.
• Basic working knowledge of Windows and Microsoft Office.
• Ability to thrive in a high-paced setting and meet deadlines.

Responsibilities

• Support key Premium Finance operations tasks including payment processing.
• Log and process NSF payments, execute daily payables.
• Post/deposit daily customer payments and create deposits.

Skills

Effective oral and written communication skills

Time management

Organizational skills

Education

High school diploma or equivalent

Associate's degree

Tools

Microsoft Office

Internet Explorer

Windows

Job description

• Generous PTO plans, sick pay and health benefits
• Annual bonus based on employment standing
• Work from home and hybrid model employment
• 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

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

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

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.