Associate Consultant

Role Overview

• Responsible for providing sophisticated risk advisory services to institutional clients specialized in complex commercial real estate transactions
• Manages pre-closing risk review of commercial real estate transactions, liaising with lenders, borrowers and brokers on new loan originations on behalf of institutional, investment and government sponsored lenders
• Responsible for providing financial risk management and insurance requirements based on deal type, geography and lender requirements
• Analyzes proposed insurance coverage and related risk mitigants including financial reserves and borrower guaranties, identifying, and communicating insurance coverage gaps to borrower and broker for resolution
• Prepares exception waivers and exclusion reporting as appropriate
• Creates and submits client Final Risk Review deliverables including accurate risk assessment and documentation
• Liaises with lenders, borrowers and brokers pre-closing and ensure that proposed insurance coverage is in place at closing
• Liaises with underwriting and credit review teams to explain and mitigate potential risk exposures by proposing customized solutions
• Delivers complete deal package including certificates of insurance
• Educates clients and borrowers in risk management, risk transfer, market issues, and relevant trends
• Serves as a trusted business advisor on all pertinent issues
• Responsible for deal flow management and tracking, client status reporting and issue tracking and resolution
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information)

Requirements

• Bachelor’s Degree or equivalent combination of experience
• 2 years of relevant P & C insurance experience
• Financing or commercial transaction management experience preferred
• Commercial real estate experience a plus

Benefits

• 100% remote