Junior Credit Officer

Job Description

Job Description

You’re legendary. We’re hiring. Let’s talk!

Apply today for an opportunity to join one of North America’s top insurance premium financing companies. Since 1977, our company has grown to more than 600 Associates and 28 locations across the United States, Puerto Rico, and Canada.

Every day, we work to deliver on our Corporate Mission Statement: “To be the market leader by delivering innovative financial and technology solutions to help our Customers, partners, and investors achieve their goals.”

How do we do that? By empowering and encouraging our Associates to provide products and legendary Customer service unparalleled in our industry.

FOR OUR ASSOCIATES:

• At the office: Based on your location, we offer parking and commuter benefits programs to help make your commute a little easier.

• Getting started: We offer a comprehensive paid training program that will make you feel prepared and excited about your role.

• Staying healthy: Our wellness program, LiveWell, combined with our Employee Assistance Program (for when you need confidential support), help you keep an eye on short and long-term goals and any bumps that pop up along the way. We are also proud to offer subsidies to support your health and fitness goals by providing gym membership subsidies.

• Preparing for your future: Imperial PFS offers a 401(k) with a company match

• Company culture: Our Associates are the foundation of our company and we want you to enjoy working here! With company lunches, corporate outings, and even the occasional ice cream truck, you never know what will pop up to make your day.

• Peace of mind: Our insurance benefits include medical, prescription, dental, voluntary vision, voluntary life/dependent life, group term life, and AD&D.

JOB SUMMARY

The Junior Credit Officer role will support management and account executives by approving or providing alternate structures for insurance premium finance transactions. This individual will work as part of a team to review and approve assigned quotes in line with corporate and credit policy. The Junior Credit Officer monitors economic and industry conditions to support credit decision process. They must be comfortable communicating with internal management and our client’s management when presenting deals. The ideal candidate has knowledge of property and casualty insurance along with various coverages and policies. In addition to daily credit review duties, this role will help with any necessary reporting. This role will work with various departments on any special projects, and test and support credit system enhancements.

KEY RESPONSIBILTIES

• Analyze and evaluate credit strengths and weakness of existing or potential customers. Review and approve quotes in line with corporate and credit policy. Individually responsible for credit decisions up to $1 million and $250K in unsecured risk.

• Review Dun & Bradstreet reports, customer financials, S&P, Moody’s and EDGAR as well as any available online resources.

• Present credit recommendations on large transactions to senior management and senior Credit staff

• Hold calls with insureds and agency personnel to gain additional insight into a company’s financials.

• Participate in quarterly portfolio review calls and contribute to special projects as needed.

• Communicate effectively with account executives and regional management.
  

REQUIRED SKILLS

• 3-5 years of relevant work experience

• Strong credit analysis and communication skills

• Proficient with Microsoft Outlook, Word, Excel.

PREFERRED SKILLS

• Insurance industry knowledge

• Credit training program and property and casualty insurance background preferred.

EDUCATION

Bachelor’s Degree