Sr. Commercial Insurance Analyst

Overview

Who we are

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the worlds most admired brands Toyota is growing and leading the future of mobility through innovative high-quality solutions designed to enhance lives and delight those we serve. Were looking for talented team members who want to Dream. Do. Grow. with us.

An important part of the Toyota family is Toyota Financial Services (TFS) the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity it is an essential part of this world-changing company- delivering on Toyotas vision to move people beyond whats possible. At TFS you will help create best-in-class customer experience in an innovative collaborative environment.

Toyota does not offer support or sponsorship of job applicants for employment-based visas or any other work authorization for this role now or in the future. You must have the right to work in the United States and not require Toyota support or sponsorship for immigration-related employment (e.g. H-1B O-1 E-3 H-1B1 TN F-1 OPT F-1 STEM OPT F-1 CPT job flexibility benefits also known as I-140 or Adjustment of Status portability etc.) now or in the future. You should not apply for this role if you will require Toyota to assist with immigration support or sponsorship now or in the future.

Who were looking for

The Sr. Commercial Insurance Analyst plays a critical role in the lifecycle of our commercial loan products. Serving as a key operational control point supporting the ongoing monitoring and administration of insurance requirements across commercial lending activities the role ensures that insurance documentation and coverage are maintained in accordance with applicable banking regulations internal policies commercial lending requirements collateral protection standards and audit expectations.

This position partners with our Legal Compliance Risk Management and Sales teams to mitigate operational and regulatory risk while maintaining a high-quality dealer experience that is seamless and compliant. The Analyst will support a diverse portfolio of commercial lending products by monitoring insurance compliance for commercial real estate (CRE) loans commercial construction loans and wholesale inventory financing (floorplan). The Sr. Commercial Insurance Analyst provides comprehensive operational and compliance support by coordinating insurance review activities maintaining documentation maintaining procedures that support regulatory and policy requirements providing reporting and partnering with internal stakeholders to ensure adherence to applicable laws regulations policies and industry standards.

The role proactively identifies insurance and compliance risks supports audit readiness identifies process improvement opportunities and contributes to the development and implementation of control processes and procedures. The ideal candidate will possess strong attention to detail a deep understanding of commercial insurance requirements and the ability to coordinate multiple third-party vendors insurance agents and internal stakeholders.

What youll be doing

• Review Certificates of Insurance (COIs) for new and existing TFS and Private Label Group commercial loans including renewals.

• Verify coverage types limits deductibles endorsements insured parties loss payee language and policy dates against applicable requirements.

• Monitor expirations and coverage changes and coordinate with a third-party vendor to obtain and process renewal documentation on time.

• Identify documentation gaps and coverage exceptions and work with dealers borrowers insurance representatives and internal teams to resolve them.

• Maintain insurance records tracking tools and reports on coverage status and open exceptions to support portfolio oversight and audit readiness.

• Improve insurance review and tracking processes to reduce delays while maintaining controls.

• Update insurance policies procedures and training materials as requirements or internal standards change and support Commercial Services projects system enhancements and field training as needed.

What well bring

During your interview process our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:

• A work environment built on teamwork flexibility and respect

• Professional growth and development programs to help advance your career as well as tuition reimbursement

• Team Member Vehicle Purchase Discount

• Toyota Team Member Lease Vehicle Program (if applicable)

• Comprehensive health care and wellness plans for your entire family

• Toyota 401(k) Savings Plan featuring a company match as well as an annual retirement contribution from Toyota regardless of whether you contribute (if applicable)

• Paid holidays and paid time off

• Referral services related to prenatal services adoption childcare schools and more

• Tax Advantaged Accounts (Health Savings Account Health Care FSA Dependent Care FSA)

• Relocation assistance (if applicable)

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star.

Applicants for our positions are considered without regard to race ethnicity national origin sex sexual orientation gender identity or expression age disability religion military or veteran status or any other characteristics protected by law.

Have a question need assistance with your application or do you require any special accommodations Please send an email to .

Required Experience:

Senior IC