Demo

Associate Collections Rep

First Insurance Funding US
Northbrook, IL Full Time
POSTED ON 10/24/2025 CLOSED ON 1/5/2026

What are the responsibilities and job description for the Associate Collections Rep position at First Insurance Funding US?

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 11 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 200 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 Working under the direction of the Team Lead, the Associate Collections Rep assists team members with daily tasks, monitors assigned loans, and communicates with insureds/borrowers, insurance agencies, insurance carriers, and/or sales representatives on payments, return premiums, discrepancies, and other loan related matters. This role is also responsible for researching loan discrepancies, assisting with ad-hoc projects, and communicating effectively to ensure work is appropriately prioritized. What You'll Do Assists team members with daily tasks during periods of high workload or absences. Monitors assigned loans; initiates outbound calls and emails to follow up on payments, return premiums, and other loan information. Processes incoming service requests, document all communication with internal and external parties, and processes loan updates and adjustment in the loan management system. Investigate and resolve loan discrepancies to ensure we protect collateral and mitigate losses. Assists manager and team members with ad hoc projects and tasks. Communicates effectively with manager and team members to prioritize daily/weekly tasks, being flexible as needed. Qualifications 0-3 years experience Customer service experience General computer skills, basic excel knowledge High School Degree or equivalent 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 $17.30 - $22.50 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills and experience. #LI-HYBRID #LI-LR1 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. Wintrust provides community and commercial banking, specialty finance and wealth management services, delivering the sophisticated solutions of a large bank through a relationship-focused approach built from our community banking roots. Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here Click here for Equal Opportunities.

Salary : $17 - $23

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