Risk Analyst - Northbrook, IL at Wintrust Financial Corporation in Northbrook, Illinois

Job Description:

The Risk Analyst is responsible for gathering and analyzing information in order to underwrite a variety of external business units within the company's portfolio. The Risk Analyst is also responsible for reviewing existing agents, general agents and insurance carriers and making recommendations to be presented to Credit Committee, Executive Credit Committee and/or Management. The analyst will make informed decisions based on risk evaluation criteria.

Principle Duties and Responsibilities:

• Complete underwriting for new Agent entities along with approval memos including all necessary risk criteria
• Review existing entities for annual portfolio reviews (Agents, General Agents and Insurance Carriers)
• Investigate trends/patterns within portfolio and recommend action plans to leadership based on review findings
• Review Credit Line increase requests and submit recommendations based on completed due diligence
• Conduct bank references, market references and policy/funding verifications on necessary entity setup/reviews
• Reach out to key internal/external business partners to discuss needed information, business decisions and/or findings to determine applicable next steps

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 $45 billion in assets.

• Minimum Associates Degree; Bachelor Degree Preferred
• Minimum 2-3 years banking experience
• Resourceful and well-organized
• Good interpersonal and communication skills
• Ability to analyze key sets of data and determine trends
• Proven ability to demonstrate quality decision making
• Exhibit proactive teamwork
• Ability to work in a fast-paced environment
• Accountable for accuracy and timeliness of work product
• Knowledge of Microsoft Word and Excel

We provide an engaging, dynamic work environment, an excellent compensation package including 401k, employee stock purchase plan, medical/dental, life insurance and more!

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, national origin, citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran. We request applicants refrain from disclosing current or historical compensation information during the recruitment process; any disclosed detail will not be taken into account as applicants are considered for employment.

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