Job Description

In this role, you will be responsible for analyzing insurance coverage for commercial loans in accordance with Investor guidelines. Assisting borrowers in acquiring appropriate coverage. Informing, and educateing borrowers about coverage, exclusion, and exposure. Providing technical support to Production/Underwriting/Closing staff specifically in analyzing borrower needs against investor guidelines and risk to the company.

This role is mainly onsite (in Bloomington) w/ 1 day a week WFH after training, pays $75-85K + bonus, and offers amazing benefits like 21 days of PTO, education assistance, discounts on travel, pet insurance, etc. WORK FOR ONE OF THE TOP CAPITAL MARKETS / COMMERCIAL REAL ESTATE FIRMS IN THE COUNTRY. Open to both hiring options: direct hire and temp to hire!

Primary Responsibilities:

• Main point of contact on insurance questions, coverage requirements and investor guidelines.
• Review Investor insurance guidelines and loan documents to establish baseline requirements.
• Preform annual review of insurance certificates, policies, statement of values and invoices to determine compliance with Investor guidelines.
• Process Insurance waivers/Exceptions with supporting documentation for non-compliant insurance issues.
• Responsible for maintaining insurance data in the Enterprise servicing system and SalesForce as applicable.
• Prepare and submit Lender reports as required from time to time.
• Work with and assist the Servicing Insurance Front-End division as needed.
• Perform general insurance tasks as necessary which include processing invoices and reimbursements to borrowers.

Education and Experience:

• Bachelor's degree in a related field is preferred (Finance, Economics, Business Administration, Statistics, etc)
• 5 to 10 years of mortgage, risk analysis, and/or insurance experience.
• Focused on customer service; seeks opportunities to exceed customers' immediate needs and enhance their overall experience.
• Skilled in identifying and analyzing risks, consistently using acquired knowledge to improve job performance.

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

Job Snapshot

• Employee Type:Full-Time
• Location:Bloomington, MN
• Job Type:Banking, Finance, Insurance
• Experience:3-5 years
• Education:High School
• Date Posted:7/10/2024
• Contact: Teri Stein (612) 230-0215
• Pay Range: $75,000.00 - $85,000.00 Hourly

Get Job Alertsby Email

• Receive alerts with new job opportunities that match your interests
• Receive relevant communications and updates from our organization

Sign Up Now