Job TitleServe as a control function to protect the company’s collateral by reviewing, verifying, reconciling and processing Premium Finance (PF) agreements for acceptance and funding, consistent with corporate policy and procedure. Work in tandem with Account Executives to provide PF client service for a geographic sales territory.Essential Duties And ResponsibilitiesFollowing is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below.
Specific activities may change from time to time.Analyze loan documents and address processing requirements to accept new and endorsed PF agreements within individual approval limit to ensure adherence to all policies and procedures prior to booking a loanResolve contract discrepancies by collaborating with the agent, AFCO Marketing and Sales Team.Reconcile distribution of loan proceeds to ensure appropriate and timely distribution of funds.Complete post acceptance policy verifications with Carriers as part of additional fraud prevention effort to help reduce collateral losses.Complete welcome calls direct with insureds as part of additional fraud prevention efforts to help reduce collateral losses.Monitor and ensure timely and thorough completion of open loan processing items.Monitor and manage draft check payments to retail agent clients to ensure appropriate and timely distribution of funds.Identify, evaluate and submit/post account adjustments and refunds to accounts.Communicate with management and client facing sales representatives to provide updates on loan acceptance and funding information or potential situations which may delay loan funding.QualificationsRequired Qualifications: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.High School diploma or equivalentOne year of related experienceDetail-oriented team playerAbility to excel in a fast-paced environmentAbility to multi-task and stay organizedAbility to execute sound judgment and escalate issues accordinglyAbility to communicate with all levels of the organizationStrong communication and customer service skillsDemonstrated proficiency in basic computer applications, such as Microsoft Office software productsPreferred Qualifications:Bachelor's degree or equivalent education and related trainingTwo year of loan processing and/or Premium Finance industryInsurance, lending or financial services experienceThe annual base salary for this position is $50,000-53,000 per year.Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.