Position Insurance Specialist
Location - Remote
About Client:
The Client is a prominent financial institution, boasts a diverse range of clients who benefit from its comprehensive services and exceptional customer care. With a steadfast commitment to meeting the unique needs of each individual, it has emerged as a trusted partner for countless clients across various segments.
Clients enjoy access to a wide array of banking products and solutions tailored to their financial objectives. Whether it's personal banking, business banking, wealth management, or investment services, it offers a robust suite of offerings designed to foster growth, security, and prosperity
Job Description:
Must have some type of experience: Loan Servicing, Commercial Insurance, Real Estate.
The client is looking for people capable of complex analyses and assessment of situations, as it pertains to Insurance and/or Real Estate. This position requires an analytical mind and the ability to both assess complex risks, as well as articulate them. This is not a "checklist" position and requires someone who can self-manage a wide variety and range of tasks, that may be different from one day to the next.
The manager is looking for candidates that possess excellent character. Resumes are generally expected to reflect some if not all the following: Tenure with previous jobs, Community involvement/Volunteering, general tone of humility, ability to receive constructive feedback, and positive attitude.
Responsibilities:
Under the direction of the department manager, the person in this position is responsible for acting in the most timely, efficient and responsible manner to protect the interest of the investors pursuant to the mortgages serviced for them.
The duties specifically relate to all insurance matters.
This is accomplished within the parameters of individual investor guides, Pooling and Servicing Agreements, applicable law and the mortgage documents.
The person will be responsible for monitoring compliance of insurance for commercial properties, held as collateral for various lenders and investors.
This will include, at minimum, insurance analysis, premium disbursements from escrow, risk assessment, appraisal review, and correspondence with various servicers, investors, borrowers, insurance agents and a variety of internal departments.
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