Loan Executive 1

Wintrust Financial Corp.•Northbrook, IL

56d•$20 - $26•Hybrid

About The Position

As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride ourselves on the variety of incentive programs, services, and technology we offer. This not only helps grow the agents, brokers, and companies we partner with, but also helps them better serve their clients. FIRST Insurance Funding is a subsidiary of Wintrust, a financial services company with more than $66 billion in assets. Why join us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and discretionary or incentive bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few Family-friendly work hours With 200+ community bank locations, we offer opportunities to grow and develop in your career Promote from within culture Why join this team? We have a culture that encourages an entrepreneurial spirit We offer multiple opportunities for development and upward mobility What You'll Do Purpose Provide superior, top quality service to FIRST's internal and external customers while accurately and timely processing loan agreements for a portfolio of agents. Loan Executives strive to safeguard FIRST through the policy verification process.

Requirements

1-3 years of related experience
Bachelors degree or equivalent
Attention to detail and problem solving skills

Responsibilities

Process loan agreements accurately and timely for assigned agents within a given region(s) as well as certify that all duties are performed within regulatory compliance for loans up to $250,000.
Monitor the daily underwriting report to ensure quotes are corrected and resubmitted in a timely fashion; submit special request forms, request line of credit increases or communicate with the agent for any missing information, as needed.
Complete insurance policy verifications through discussions with general agents and/or insurance companies.
Review and recommend credit line increases for agents, general agents and insurance companies in order to effectively process loan agreements.
Monitor loans submitted, and business from assigned agents, for FIRST "Fourteen Warning Signs" and concerning trends.
Coordinate with Inside Sales and RM's regarding any relationship issues within their assigned region/team and make recommendations to their Team Lead on ways to implement changes on efficiency in the workplace.
Perform all responsibilities to internal and external customers while providing outstanding customer service.