Hybrid Multifamily Insurance Compliance Manager

at Freddie Mac

• Job title: Multifamily Insurance Compliance Manager
• Job type: Full Time
• Experience level: Senior, Lead
• Salary: $150,000 - $224,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, McLean, United States

About the role

• Manage special projects and core responsibilities in insurance compliance for Freddie Mac. Collaborate with diverse teams to address complex issues in the commercial insurance market.

Responsibilities

• Manage special projects and initiatives relevant to team core responsibilities including routine processes in place and new initiatives that arise
• Works on issues of diverse scope where analysis and critical thinking is required to arrive at acceptable conclusions and recommendations to enhance core business needs
• Acts as an advisor to subordinates and other team members related to insurance nuances/requirements, project scopes, and/or resolve technical problems
• Develops and administers schedules, performance requirements; may have budget responsibilities
• Promote improvement ideas and coordinate across functional teams to evaluate viability and implementation
• Maintain collaborative relationships with internal and external stakeholders and promote ideas for learning and process improvements
• Review borrower insurance coverage against commercial property and liability standards during loan origination and servicing; make recommendations related to acceptable exceptions
• Coordinate with multiple capital markets securitization teams in evaluating compliance with underwriting standards and preparation of disclosures of exceptions to deal representations and warranties
• Maintain professional relationships with internal and external colleagues while implementing day-to-day responsibilities, as well as resolving challenging situations that frequently require coordination across organizational lines, all while striving to continuously improve processes and user technology
• Lead and support new initiatives and process improvements that require critical thinking and development of sound recommendations
• Support updates to Division Credit Policy as well as enhancements to user technology related to insurance data and policy changes
• Assist internal and external customers with ad-hoc queries and advise on insurance issues and user technologies
• Complete research and data collection in support of analyzing factors that impact the overall Commercial Insurance Market and Company mission

Requirements

• College degree or equivalent experience related to insurance, risk management, business, or other relevant field
• 8 to 10 years relevant experience and 2+ years management experience, preferably related to insurance risk management and the commercial/Multifamily mortgage industry
• Proficient subject matter expert in knowledge of commercial property and liability insurance requirements and coverage details
• Proven project and staff management and organization skills
• Excellent oral and written communication skills
• Insurance industry professional designations are a plus, but not required
• Proficiency with Microsoft Office suite applications as well as general web-based technologies

Benefits

• Comprehensive total rewards package
• Competitive compensation
• Market-leading benefit programs