Insurance Analyst

Senior Insurance Analyst

The Loan Services team is looking for a Senior Insurance Analyst who will focus on the following responsibilities:

• Conduct review of loan documents on all new loans, as it relates to insurance requirements.
• Notify borrowers of expirations/deficiencies, where insurance does not comply with loan documents.
• Audit insurance renewals, completing comparison against the Insurance Module and documents received.
• Communicate with insurance agencies, prior servicers and/or borrowers to obtain evidence of renewal of certificates/policies/policy endorsements.
• Complete insurance disbursements, as needed.
• Assist Borrowers/Agents re: incoming inquiries involving insurance disputes, insurance requirements, premium payments and cancellation notices.
• Identify loans where expired insurance requires force placed insurance.
• Communicate with Asset Management and Servicing, as necessary.
• Keep manager updated on problems, issues, and production flow.

EDUCATION and/or EXPERIENCE:

• Bachelor's Degree or Insurance license equivalent a plus; need a minimum of five years related commercial insurance experience and/or training; or combination of education and experience.
• Experience with HUD, Client and Freddie Mac, a plus.
• Position requires a detailed understanding of loan terms, complex loan documents, capital structures, pooling, investor reporting and servicing agreements, servicing functions, and process flows.
• Demonstrate strong analytical and problem-solving skills.
• Ability to perform in a strong customer-oriented team environment utilizing strong leadership skills, professionalism, and teamwork.
• Strong written and verbal communication skills. Candidate needs to be able to communicate and make presentations to all levels of staff and management.
• Ability to multi-task and work independently in a time sensitive environment.