US Premium Finance Credit and Collections Manager

The US Premium Finance Credit and Collections Manager is responsible for gathering and analyzing information to underwrite new agents and insured borrowers. In conjunction with Credit Manager, Credit and Collections Manager is also responsible for the process of vetting, set up and monitoring of all entities including agents, general agents and insurance markets by completing link letters as assigned. Recommendations to be presented to Credit Committee, Executive Credit Committee and/or Management. Also responsible for collections/asset management for the premium finance division. Performs other projects and duties as assigned.

Essential Functions, Duties, and Responsibilities:

* Clear understanding of insurance premium underwriting provisions and policies, how they vary per industry and geographic location of borrower and the impact they have on premium finance transactions and collateral.

* Complete loan committee applications as assigned.

* Manages credit and agency onboarding for the division.

* Ensures annual agency review is completed.

* Manages link letter process.

* Track and maintain write amounts for all parties with underwriting authority.

* Maintain an acceptable personal w/o ratio in dollars.

* Compile new agent files to ensure complete documentation to comply with policies and procedures and recommend initial line of credit, agent risk rating and funding method based on information provided and obtained.

* Investigate pending, or derogatory information found on agent's credit and/or NIPR reports and provide current/final status (if available).

* Research discrepancies/contradictions within information obtained and inquires for additional information and clarification from Sales as needed.

* Investigate trends/patterns within agent portfolios and reports any findings to Management.

* Conduct funding and insured verifications as needed.

* Analyzes credit quality, risk/fraud issues impacting the division and determines financial impact.

* Monitors and maintains compliance with all state and federal regulatory requirements, as well as those required by Ameris Bank.

* In conjunction with Managing Director and other credit managers, responsible for credit quality and risk performance of the premium finance division.

* Acts as liaison between USPF credit and bank's loan committee.

* Manages portfolio for credit quality and recovery efforts.

* Serves on credit committee for USPF.

* Develops, recommends, and monitors credit policies and procedures.

* Works with USPF Managing Director and Ameris Bank CCO to set overall risk appetite.

* Responsibility for determining and approving new agents.

Required Knowledge, Skills and Competencies:

* Advanced understanding of collateral and exposure in premium finance

* Advanced understanding of commercial insurance policies

* Advanced understanding of cash flow, spreads, and financial statements

* Constant adaption to rapidly changing needs of credit and risk while managing the portfolio.

* Critical level of attention to detail.

* Excellent written and verbal communication skills.

* Negotiates and influences internally and externally at all levels.

* Ability to organize projects, priorities, and time management.

* Serves as point of escalation for key issues or time sensitive credit decisions, including complex issues, deal structures, etc.

Industry and Work Experience:

* 5+ years of credit/risk management of a diverse portfolio within the premium finance industry

* 5+ years of management experience

Academic:

* High school diploma or GED required.

* Bachelor's degree or equivalent combination of education/experience required.