Program Financial Specialist I

Alliant Insurance Services; California, Irvine (MO, CA); On-site; USD 65,000 - 70,000; Full time

Job summary

An established industry player is seeking a Program Financial Specialist I to support financial activities in the Public Entity Program. This role involves collaborating with underwriting teams to develop business solutions and manage financial data related to insurance purchasing and risk pools. The ideal candidate will possess strong analytical and communication skills, ensuring accuracy in financial proposals and program documentation. Join a dynamic team where your contributions will directly impact client satisfaction and operational efficiency in a fast-paced environment.

Qualifications

• Bachelor's degree in finance or business-related field required.
• Must have prior related work experience and meet continuing education requirements.

Responsibilities

• Coordinate new business quotes and plan change requests with Program carriers.
• Perform analysis of proposal information ensuring compliance with requirements.
• Maintain Public Entity Programs Financial Database and deliver quotes.

Skills

Knowledge of business and financial concepts

Knowledge of financial procedures

Knowledge of laws and regulations pertaining to insurance

Effective communication skills

Time management skills

Problem-solving skills

Organizational skills

Proficient in Microsoft Office Suite

Ability to analyze financial data

Teamwork skills

Education

Bachelor's Degree in finance or business-related field

Prior related work experience

Valid Insurance License within 90 Days

Job description

Program Financial Specialist I

Irvine, CA, USA
Req #3521

Tuesday, April 22, 2025

SUMMARY

Responsible for working with Alliant's Public Entity Program Account and Underwriting Teams to develop, maintain, and/or support financial activities. Provides creative business solutions in order to support the Employee Benefits' Public Entity insurance purchasing and risk pools governed by Joint Power Authorities (JPA).

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Establish new business quoting process with Underwriting Team for all Program coverages.

• Perform analysis and review of prospect detail proposal information ensuring program quote approval documents adhere to carrier and client requirements prior to submittal to JPA.

• Responsible for full coordination of new business quotes and plan change requests with Program carriers to ensure accuracy of plan documents and work to resolve discrepancies with the carrier.

• Liaise with Underwriting team and JPA to assess and resolve any outstanding questions or concerns.

• Responsible for the review of rates prior to client submittal by verifying various program components are accounted for and calculated accurately.

• Responsible for the annual client renewal letter process deliverables which includes drafting, configuring, and testing system template letters, ensuring financial rate information is accurate, and letters are distributed timely.

• Maintain Public Entity Programs Financial Database within applicable applications.

• Maintain Rate Grids and communicate with business partners.

• Deliver new business quotes and plan changes to Account Service Teams.

• Support communication efforts by conveying financial proposals and Program financial data to Service Teams.

• Comply with agency management system data standards and data integrity (enters and maintains complete and accurate information).

• Perform other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

Bachelor's Degree in finance or business-related field or equivalent combination of education and experience

Prior related work experience

Must continue to meet Continuing Education requirements for license renewal

Valid Insurance License within 90 Days

SKILLS

Knowledge of business and financial concepts and principles

Knowledge of financial procedures and methods, and how to apply them to business transactions

Knowledge of laws and regulations pertaining to insurance and financial operations

Skill in communicating effectively verbally and in writing as appropriate for the needs of the audience

Excellent time management, problem-solving, and organizational skills

Ability to work and maintain a high level of responsiveness in a fast-paced, dynamic environment

Proficient in Microsoft Office Suite

Ability to analyze, consolidate, and interpret financial data

Ability to work within a team and to foster teamwork

Ability to work productively as an individual to accomplish assigned projects

Ability to prioritize work for multiple projects and deadlines

#LI-LM1

Other details

• 
  Pay Type
  Salary
  
• 
  Min Hiring Rate
  $65,000.00
  
• 
  Max Hiring Rate
  $70,000.00
  

Apply Now

• Irvine, CA, USA

Share this job: