Analyze insurance coverage for commercial loans in accordance with Investor guidelines
Assist borrowers in acquiring appropriate coverage
Inform, and educate borrowers about coverage, exclusion, and exposure
Provide technical support to Production/Underwriting/Closing staff specifically in analyzing borrower needs against investor guidelines and risk to the company
Main point of contact on insurance questions, coverage requirements and investor guidelines
Review Investor insurance guidelines and loan documents to establish baseline requirements
Review Loan Documents, Appraisals, Engineering, Seismic, and Phase I Environmental Reports to determine loan-specific insurance requirements
Perform 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
Perform other duties as assigned

Bachelor’s degree or equivalent experience
Minimum of 1 year of insurance experience
Professional designations such as CIC, CPCU, ARM, AU, AINS or equivalent is preferred
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

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

Insurance Analyst

Key skills