TOP Loan and Payment Specialist
- $22 to $28 Hourly
- Vision , Medical , Dental , Paid Time Off , Life Insurance , Retirement
- Full-Time
At Premier America Credit Union, our Core Purpose is to serve our members by making it easier to meet today’s needs and reach tomorrow’s dreams. Talented team members succeed in our organization by demonstrating a commitment to our shared values of accountability, friendliness and respect, a passion for delivering great service, giving back to our communities, and pursuing personal growth. Come grow with us and be part of growth and the Premier America family!
Overview:
Premier America TOP Premium Finance is looking for a TOP Loan and Payment Specialist. This position is responsible for calculating and collecting return premiums and commissions along with performing various accounting and clerical duties.
What You Will Do:
- Assume responsibility for providing quality customer service to TOP Borrowers, General Agents, and Brokers.
- Calculate and collect return premiums and commissions from Insurance Carriers, General Agencies and Brokers.
- Process various TOP Premium accounting tasks.
- Review daily Collection reports.
- Assume responsibility for establishing and maintaining effective communication and coordination with Premier America Team Members.
- Review and monitor cancelled accounts on various collections reports, perform biweekly follow-up on all accounts pending returned premium, commission, unpaid financed broker fees, or account balances.
- Assist with returned premium payments and unearned commission payments are posted accurately.
- Assist with unearned commission and return premium calls from brokers and general agents.
- Communicate unresolved outages or troublesome accounts with collections representative or higher.
- Ensures timely release of funding and verifies that funds are mailed to the accurate party.
- Book commercial, personal and additional premium loans.
- Review check holding log and confirms reasons for funding checks being held up.
- Run, review and obtain proper documentation to clear OFAC failed entries.
- Update Notice of Financed Premium (NOFP) as received; report any NOFP irregularities to the Agent.
- Work daily with Alerts from Bridger to ensure compliance with CIP.
- Follow all guidelines and procedures within the company and the law to prevent losses.
- Review assigned reports such as returned premium report, deposit report, and underwriting report.
- Prepare carrier verifications for management to review and approve.
- Exercise good judgement when reviewing and preparing LTV’s, down payment reductions, or exception for management approval.
- Stay informed of trends and changes in the financial field and attends seminars and professional conferences as necessary.
- Additional duties or projects as assigned.
What We Are Looking For:
- A minimum of three (3) to five (5) years of similar or related experience.
- A high school education or GED
- Strong organizational and time management skills.
- Ability to prioritize effectively, working in a fast-paced environment.
- Strong oral and written communication skills.
- Proficient project management skills.
- Good interpersonal demeanor.
- Strong computer knowledge and proficient in Microsoft Office Suites, with sound knowledge in Excel and Word.
Premier America Credit Union will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Los Angeles Fair Chance Initiative for Hiring (Ban the Box) Ordinance.
Equal Opportunity Employer Veterans/Disabled
Pay Grade Info:
To provide greater transparency to candidates, we share base pay ranges for all our job postings regardless of State. We set standard pay ranges for all roles based on function and level of expertise, benchmarked against similar stage growth companies. Final offer amounts are determined by multiple factors including, skills, depth of work experience and relevant licenses/credentials, and may vary from the amounts listed below.
The base pay range for this position is: $22 -$28 hourly.
Perks Important to You:
Our Team Members enjoy the following rewards and benefits:
- Competitive pay
- Subsidized health care including medical, dental and vision
- FSA and HSA
- Company-Paid Life and A&D insurance
- Discounts on loans (must be a member)
- Paid Vacation, Holiday, and Sick time
- 401k Retirement Saving Plan with a 6% safe harbor employer match
- Educational Assistance Program and more!
About Us:
Founded in 1957, Premier America is one of the nation’s largest credit unions, with over 100,000 members and more than $3 billion in assets. But more importantly, we are ever mindful of one crucial fact: we exist to serve the needs of all members - the owners of Premier America. With a large retail branch network, access to over 30,000+ surcharge-free ATMs; and the Shared Branch Network, Premier America provides financial services to those who live, work, worship or attend school in the Ventura and Los Angeles counties of California, and Harris County in Texas.
Credit unions, such as Premier America, have a rich history evolving from the idea that people working together can create better financial solutions, especially when as owners, members have a vested interest in their collective success. Whether offering higher savings rates and affordable mortgage options, loans for unexpected emergencies or financial counseling during difficult times, credit unions have always made a meaningful difference in the lives of members.
Address
Premier America Credit Union
19867 Prairie Street
Los Angeles, CAIndustry
Finance and Insurance
Posted date
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