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Insurance Processing Associate Jobs in Illinois (NOW HIRING)

FCB Banks

Escrow & Insurance Specialist

Collinsville, IL · On-site

$18 - $22/hr

... associate or bachelor's degree in business, finance, or related field preferred * Prior experience in banking, mortgage servicing, escrow administration, or insurance processing preferred * Minimum ...

FCB Banks

Escrow & Insurance Specialist

Collinsville, IL · On-site

... associate or bachelor's degree in business, finance, or related field preferred * Prior experience in banking, mortgage servicing, escrow administration, or insurance processing preferred * Minimum ...

Invenergy LLC

Associate, Insurance

Chicago, IL · On-site

Position Overview The Associate, Insurance, will report to the Manager, Insurance, and support the ... Identify process improvements and automation opportunities to improve invoice production timeliness ...

Invenergy LLC

Associate, Insurance

Chicago, IL · On-site

Position Overview The Associate, Insurance, will report to the Manager, Insurance, and support the ... Identify process improvements and automation opportunities to improve invoice production timeliness ...

Invenergy

Associate, Insurance

Chicago, IL · On-site

Position Overview The Associate, Insurance, will report to the Manager, Insurance, and support the ... Identify process improvements and automation opportunities to improve invoice production timeliness ...

West Point Optical

Optometric Technician

Vernon Hills, IL · On-site

$15.75 - $19.75/hr

Processing insurance claim forms * Patient and insurance billing * Optometric medical billing and ... oriented associate, doctor and host relationships. * Ability to manage priorities through ...

Acrisure

Account Manager Transportation

Schaumburg, IL · On-site

Leverage knowledge and expertise in client services, insurance processing and customer experience to develop, coach, and assist Account Associates and other team members. * Assists Producers and ...

West Point Optical

Optometric Technician

Vernon Hills, IL · On-site

$15.75 - $19.75/hr

Processing insurance claim forms * Patient and insurance billing * Optometric medical billing and ... oriented associate, doctor and host relationships. * Ability to manage priorities through ...

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Insurance Processing Associate information

What are the key skills and qualifications needed to thrive as an Insurance Processing Associate, and why are they important?

To thrive as an Insurance Processing Associate, you need a solid understanding of insurance policies, attention to detail, and organizational skills, often supported by a high school diploma or equivalent. Familiarity with insurance management systems, claims processing software, and proficiency in Microsoft Office are typically required. Strong communication, customer service, and problem-solving abilities help you excel in client interactions and resolve issues efficiently. These competencies are crucial for ensuring accurate policy management and maintaining customer satisfaction in a highly regulated industry.

What job makes $10,000 a month without a degree?

An Insurance Processing Associate typically does not earn $10,000 a month without significant experience or specialized skills. High-paying roles that can reach this level often involve sales, entrepreneurship, or specialized trades, but most require relevant skills, certifications, or experience rather than just a job title. Achieving such income usually involves a combination of expertise, performance, and sometimes commission-based pay structures.

What are some common challenges faced by Insurance Processing Associates, and how can they be effectively managed?

Insurance Processing Associates often encounter challenges such as managing high volumes of paperwork, ensuring accuracy in data entry, and meeting tight deadlines. To effectively handle these challenges, it's essential to develop strong organizational skills, attention to detail, and proficiency with insurance software and databases. Collaborating closely with underwriters, agents, and clients can also help clarify information and expedite processing. Proactively seeking feedback and staying updated on industry regulations further supports efficiency and accuracy in this role.

What position in insurance pays the most?

In insurance, executive roles such as Chief Underwriting Officer, Chief Risk Officer, or Chief Actuary tend to have the highest salaries. These positions require extensive experience, advanced certifications, and leadership skills, and they often oversee large teams or company strategies. Compensation varies based on company size, location, and individual qualifications.

What is the difference between Insurance Processing Associate vs Claims Processor?

AspectInsurance Processing AssociateClaims Processor
CredentialsHigh school diploma or equivalent; some roles may require insurance certificationsHigh school diploma; insurance certifications may be preferred
Work EnvironmentOffice setting, handling administrative tasks related to policy processingOffice environment, focusing on reviewing and processing insurance claims
Employer & IndustryInsurance companies, agencies, or brokersInsurance companies, third-party administrators
Search & Comparison IntentUnderstanding administrative roles in insurance processingDifferences in claims handling and processing tasks

The Insurance Processing Associate primarily handles administrative tasks related to policy documentation and data entry, while the Claims Processor focuses on reviewing and processing insurance claims. Both roles require similar credentials and work in office environments within the insurance industry. The main difference lies in their specific responsibilities: processing policies versus claims.

What are Insurance Processing Associates?

Insurance Processing Associates are professionals who handle the administrative tasks related to insurance claims and policy processing. Their responsibilities typically include reviewing insurance applications, entering data, verifying information, and ensuring that all documentation is complete and accurate. They often serve as a liaison between insurance agents, clients, and underwriters to facilitate the smooth processing of insurance policies and claims. Attention to detail and strong organizational skills are essential for this role. Insurance Processing Associates help ensure that policies are issued and claims are processed efficiently and in compliance with company and regulatory standards.

What is the role of an insurance associate?

An insurance processing associate is responsible for reviewing, verifying, and processing insurance claims and policies. They ensure accuracy in data entry, maintain records, and communicate with clients and insurance providers to resolve issues efficiently, often using specialized software and adhering to industry regulations.

What jobs pay 2000 a day?

Jobs that can pay $2,000 a day typically include high-level roles such as specialized medical professionals, senior corporate executives, or successful entrepreneurs. Certain freelance or consulting positions in finance, law, or technology may also reach this level with significant experience and client base. These roles often require advanced skills, certifications, or extensive industry experience.
What are popular job titles related to Insurance Processing Associate jobs in Illinois? For Insurance Processing Associate jobs in Illinois, the most frequently searched job titles are:
What job categories do people searching Insurance Processing Associate jobs in Illinois look for? The top searched job categories for Insurance Processing Associate jobs in Illinois are:
What cities in Illinois are hiring for Insurance Processing Associate jobs? Cities in Illinois with the most Insurance Processing Associate job openings:
Insurance Processing Associate jobs near you
Loan Processing Associate V

Loan Processing Associate V

Windsor Advantage

Chicago, IL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

Job description

About Us
Windsor Advantage, an affiliate of Capital Bank N.A., is one of the nation's leading Lender Service Providers (LSP). Windsor Advantage provides banks, credit unions and CDFIs with a comprehensive outsourced SBA 7(a) and USDA lending platform without the need to hire staff or incurring capital expenditures. Since 2010, Windsor has processed more than $4.5 billion in government guaranteed loans and currently services a portfolio for over 100 lenders nationwide.
With more than 150 years of cumulative SBA lending experience, cutting edge technology, rigid controls and consistent processes, Windsor is uniquely qualified to assist any size lender with implementing a thoughtful and profitable government guaranteed lending initiative.
Capital Bank N.A. is headquartered in Maryland and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services primarily to clients in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states.
Position Purpose
The Loan Processing Associate V is responsible for providing quality customer service while processing loans through closing. The Loan Processing Associate V will quarterback communication with clients, borrowers, government entities and other third parties (e.g., insurance agents, attorneys, CPA's etc.), exercising discretion and judgment. This position includes required participation in and contribution to weekly departmental and pipeline meetings.
Position Responsibilities
  • Exhibit a detailed understanding, application and adherence to Loan Processing policies and procedures. Oversee and ensure policies and procedures are being followed in compliance with regulatory and company guidelines.
  • Distribute, collect, and review loan application processing checklist to obtain SBA Authorization and loan closing.
  • Exhibit in-depth understanding of SBA rules/regulations and develop an ability to utilize this knowledge to independently create unique solutions and thoughtful structures.
  • Manage critical relationships with borrowers, financial intermediaries, lenders, Windsor management and the SBA throughout the loan lifecycle using effective communication with a high attention to detail.
  • Ability to operate with a high degree of autonomy, exercising seasoned judgment to proactively identify issues, recommend solutions, and resolve escalated processing and closing challenges without routine oversight or direction from management.
  • Serve as a senior individual contributor and functional leader within the processing team, independently managing the most complex and high-risk SBA loan structures.
  • Consistently carry a materially higher loan volume and complexity mix than junior processing roles, while maintaining accuracy, regulatory compliance, service quality, and on-time delivery expectations.
  • Independently interpret and apply SBA SOP guidance to structure compliant, borrower-specific solutions, including resolving screen-outs, exceptions, and SBA inquiries with minimal escalation.
  • Represent Windsor with a high level of professionalism and credibility in direct communications with the SBA, external banks, attorneys, and third-party vendors, serving as a point of escalation when senior-level engagement is required.
  • Distribute Loan Application Processing Checklists.
  • Collect all Loan Application Processing Checklist documentation.
  • Prepare accurate and comprehensive application packages.
  • Submit signed packages to SBA via upload portal online.
  • Submit 4506-C to the IRS and complete tax verifications upon return.
  • Order and review any necessary third-party reports as needed.
  • Effectively manage and interface with third party vendors.
  • Work with lender and borrower on SBA screen outs. Interface directly with SBA loan specialist staff.
  • Prepare and/or review SBA authorization once received, depending on processing method, and interface with lender's closing counsel.
  • Special Projects assigned as necessary.
  • Actively contribute to weekly department meetings to identify, discuss, solve, and implement department process improvements.
  • Adhere specifically to all company policies and procedures, Federal and State regulations, and laws.
  • Responsible for following regulatory requirements including those pertaining to the Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Customer Identification Program (CIP), and OFAC to assist in the identification, detection and determent of money laundering or other unlawful activities.

Minimum Education & Experience
  • Bachelor's degree in finance, accounting, or a related field preferred; or equivalent related work experience required.
  • Minimum 12 years related experience in administration, finance or similar industry.
  • Minimum of 10 years of experience with SBA loan processing and loan closings.

Technical Knowledge and Skills
  • Knowledge of commercial loan products and basic accounting.
  • A working knowledge of commercial credit principles and pertinent laws is preferred.
  • Knowledge of computer systems as they relate to lending activities, including Microsoft Office Suite to include Word, Excel and Outlook is a must.
  • Experience with SBA rules/regulations preferred.
  • Advanced or expert level Excel skills required.
  • Strong math and analytical skills.
  • Excellent written and verbal communication skills.

Compensation
  • Base Salary Range: Final determination of where you are at in the salary range is based on numerous factors such as geographical location, relevant experience, skill set, education, and ability to meet qualifications within the job description.
  • Additional Compensation: This role will include a yearly annual target bonus based on individual performance.

Working Arrangements
  • This is a remote role.

Why Join Us?
  • Join a growing company with a culture that fosters an entrepreneurial spirit
  • Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more?
  • Company Contributions to your 401k - Regardless of your contribution
  • Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
  • Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities

Supporting Businesses. Helping People. Strengthening Communities.
Windsor Advantage LLC is an E-Verify, Affirmative Action and Equal Opportunity Employer.

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