FAAS Premium Finanacing Specialist, Consumer Banking Group
Core
End-to-end processing of premium financing applications for life insurance products, ensuring compliance and client satisfaction.
Role type
Senior IC premium financing specialist
Builds
Insurance premium financing facilities
Domain
Consumer banking / Life insurance
Required skills
Life insurance product knowledge, credit facility expertise, financial regulation knowledge, application documentation management, credit assessment, risk analysis, compliance checks, loan disbursement coordination, collateral management, margin call handling, broker and insurer liaison
Preferred skills
Complex financial analysis, process improvement, stakeholder management
Technologies
None stated
Responsibilities
Guide clients through premium financing applications and resolve inquiries; Review and evaluate applications with preliminary credit assessments and compliance checks; Prepare and submit documentation to facilitate credit approval; Execute loan and security documents; Coordinate loan disbursement and facility activation; Monitor existing loans, manage collateral, and handle margin calls; Resolve issues related to loan servicing and customer queries; Identify process improvement opportunities; Engage with brokers and insurers to build relationships and gather market intelligence