Credit Risk Analyst

Amerisure Mutual Insurance•Farmington Hills, MI

4d•Hybrid

About The Position

Amerisure creates exceptional value for its partners, policyholders, and employees. As a property and casualty insurance company, Amerisure’s promise to our partner agencies and policyholders begins with a comprehensive line of insurance products designed to protect businesses, as well as the health and safety of every employee. With an A.M. Best “A” (Excellent) rating, Amerisure serves mid-sized commercial enterprises focused in construction, manufacturing and healthcare. Ranked as one of the top 100 Property & Casualty companies in the United States, we proudly manage nearly $1 Billion of Direct Written Premium and maintain $1.21 billion in surplus. We are recruiting for a Credit Risk Analyst to join our team in Farmington Hills, MI. This is a hybrid role, working 3 days in the office and 2 from home. POSITION SUMMARY: Collaborate with underwriting staff to analyze credit worthiness, and consult as requested with Agency management and operation teams on insurance risks for accounts. Advise credit terms for payment of premium or risk acceptance. Interact with agents and insurers on credit determinations and adequacy of charges where applicable.

Requirements

Bachelor’s degree in finance, accounting or related field.
2 years of experience in customer service, finance or accounting.
Proficient computer skills required including Microsoft Office Suite.
Demonstrated successful ability to build positive relationships and partnerships within department and across the organization.
Excellent interpersonal and communication skills with the ability to interact with all levels of the organization.
Strong analytical skills and attention to detail.

Responsibilities

Analyze credit data and financial statements of entities to evaluate credit position of future accounts and consult as requested with partner agency management.
Recommend and draft credit protection plans, payment arrangements, billing procedures and other appropriate items, and grant credit terms for payment of premium or risk acceptance as appropriate.
Work closely with producers and underwriters to discuss credit risk recommendations and verification of policy estimates, including participating in account and agency visits as required.
Minimize bad debt risk and maximize accounts receivable collections.
Ensure established standards for turnaround time are met, ensuring adherence to the service model and promoting a strong customer service focus.