About the role

  • Analyze insurance coverage for commercial loans in accordance with investor guidelines
  • Assist borrowers in acquiring appropriate coverage
  • Inform, and educate borrowers about coverages, exclusions, and exposure
  • Provide technical support to Production/Underwriting/Closing staff specifically in analyzing borrower needs against Investor guidelines and risk to the company
  • Review Investor insurance guidelines and loan documents to establish baseline requirements
  • Review Appraisals, Engineering, Seismic, and Phase I Environmental Reports and Lender Requirements to determine loan-specific insurance requirements
  • Perform 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
  • Resolve non-compliant insurance issues with borrowers and insurance agents
  • Work closely with Production, Underwriting, Closing and External Consultants to approve coverages while meeting tight deadlines
  • Perform other duties as assigned

Requirements

  • Bachelor’s degree or equivalent experience
  • 1 plus years of insurance experience preferred
  • Professional designations such as CIC, CPCU, ARM, AU, AINS, Property & Casualty license, or equivalent is preferred
  • Ability to work as a part of a team, while providing a strong individual contribution
  • Excellent attention to detail, judgment, flexibility, accountability and dependability
  • Ability to work in high volume work environments, with strong ability to prioritize workload
  • Requires excellent communication skills, written and oral, through all levels of the organization
  • Strong time management and organizational skills
  • Clear knowledge of Commercial Insurance Coverage –Property, (including Flood, Wind, Earthquake and Terrorism), General Liability (including Workers Comp and Auto), Professional Liability and Umbrella/Excess Liability Insurance

Benefits

  • Up to 83% subsidized medical payroll deductions
  • Competitive dental and vision benefits
  • 401(k) + match
  • Pre-tax transit and commuting benefits
  • A robust health and wellness program – earn cash rewards and gain access to resources that promote health, engagement, and balance
  • Paid maternity and parental leave, as well as other family paid leave programs
  • Company-paid life, short and long-term disability insurance
  • Health Savings Account and Healthcare and Dependent Care Flexible Spending
  • Career development opportunities
  • Empowerment and encouragement to give back – volunteer hours and donation matching

Job title

Insurance Analyst

Job type

Experience level

Junior

Salary

$65,000 - $75,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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