Loan Executive 1

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 9 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 175+ 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:

The Loan Executive role provides 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.

• 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.

Qualifications:

• 1-3 years of related experience

• Bachelors degree or equivalent

• Attention to detail and problem solving skills

Benefits:

Medical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long-term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance

Compensation:

The estimated hourly rate for this role is $20.19 - $26.44 along with eligibility to earn an annual bonus. Actual pay rate may vary based on several factors, such as a candidate’s qualifications, skills and experience

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life.  To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.  Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.