Insurance Premium Finance Program Lead Job at Community Bank System, Inc.
Overview:
Essential Duties:
Ancillary Duties:
Skills: Working knowledge of finance principles and procedures including an understanding of risks and controls. Strong computer skills, including Word, Excel, and database management; strong interpersonal relations and communication skills; detail oriented and able to work well under pressure with tight deadlines. Desire to lead and develop business line.
Experience: Minimum 2 years of experience in Premium Finance Underwriting and Administration. Experience with Premium Billing System (“PBS”) highly desired but not required. Previous experience in banking, insurance, financial services, or other related fields preferred. Other Job Information:
Physical Requirements:
At Community Bank System, Inc. (CBSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 230 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration.
Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.
To ensure our people can enjoy long and successful careers here at CBSI, we offer competitive compensation, good benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
Responsibilities:
Overview: The Insurance Premium Finance Program Lead will lead the implementation of PBS System while establishing policies and procedures. This implementation will enable us to finance policies in-house in order to provide timely and competitive service. Our fully owned insurance brokerage affiliate, OneGroup, is a one of the top 100 insurance agencies in the U.S. with over $300 million in premium placed annually.
Essential Duties:
- Work with captive insurance agency to implement Premium Finance program
- Develop and implement operational policies and procedures
- Work closely with IT and external system vendor to integrate premium finance system
- Train junior underwriters and closely collaborate with CBNA’s small business unit
- Develop growth strategies
- Evaluate reporting systems and collection procedures
- Manage KPI and identify gap opportunity analysis, driving improvement solutions and receiving recognition for consistent achievement.
- Oversee quotes, underwriting and negotiations for an existing book of business
- Ensure quarterly and annual goals meet or exceed expectations.
- Collaborate with other teams to optimize the services offered resulting growth of business.
- Provide an exceptional client experience resulting in retention and attract new business.
Ancillary Duties:
This position is also responsible to provide assistance wherever necessary to help the bank in achieving their annual goals.
Qualifications:
Education/Training: Bachelor’s degree in business-related field
Skills: Working knowledge of finance principles and procedures including an understanding of risks and controls. Strong computer skills, including Word, Excel, and database management; strong interpersonal relations and communication skills; detail oriented and able to work well under pressure with tight deadlines. Desire to lead and develop business line.
Experience: Minimum 2 years of experience in Premium Finance Underwriting and Administration. Experience with Premium Billing System (“PBS”) highly desired but not required. Previous experience in banking, insurance, financial services, or other related fields preferred.
Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!
Physical Requirements:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.
An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.
Please Note :
epokagency.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, epokagency.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.