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Security Finance · 1 month ago

Insurance Licensing Coordinator

Spartanburg, SC

Full-time

Onsite

Mid Level

3+ years exp

Security Finance is a leader in the financial services industry, committed to offering secure installment loans to the community. As an Insurance Licensing Coordinator, you will ensure that field agents are properly licensed to sell credit insurance and manage licensing renewals while maintaining compliance with state regulations.

Financial ServicesPersonal FinanceTax Preparation

Responsibilities

Record and submit employee applications and renewals for credit insurance licenses to state departments to include expired licenses for rehires and new employees with prior licenses

Assist with scheduling fingerprinting for the required background checks to ensure licensing compliance and to ensure agents have met all requirements for renewal

Monitor state insurance departments and regulations for updates/changes to licensing requirements and/or and procedures

Develop and maintain pre-licensing study materials for GA applicants

Apply for credit insurance license for new branch locations and assist in resolving issues that arise in background checks

Serve as the go-to liaison between employees and state licensing departments and provide assistance in resolving issues related to background checks

Review GAP contracts submitted by PFS branches and prepare the remittance reports as well as forward contracts and remittances to the insurer

Manage claim submissions and processing for assumed insurance from reviewing claims submitted by customers to ensuring claims are complete and submitted to the correct insurance companies

Retrieve the report of claims paid then forward and/or maintain all information as required to reconcile claim payments

Prepare and remit monthly credit insurance premiums to insurers and reinsured companies

Maintain prompt and regular attendance