Experienced Front-End Insurance Analyst
Walker & Dunlop · Fort Lauderdale, FL · 2 wk ago
HybridBusiness DevelopmentFull-time
About the role
Our Servicing experts service all Fannie Mae, Freddie Mac, and FHA Finance loans originated by Walker & Dunlop as well as certain life insurance company, bank, and CMBS loans. Our Servicing experts are the borrower’s primary point of contact and ensure that the requirements of the investors are met from loan closing through payoff.
Responsibilities
- Analyze insurance coverage for commercial loans in accordance with Investor guidelines.
- Aid borrowers in acquiring appropriate coverage.
- Inform and educate borrowers about coverage, exclusions, and exposures.
- Provide technical support to Production/Underwriting/Closing staff specifically in analyzing borrower needs against investor guidelines and risk to the company.
- Review Investor insurance guidelines and loan documents to establish baseline requirements.
- Review Appraisals, Engineering, Seismic, and Phase I Environmental Reports and Lender Requirements to determine loan-specific insurance requirements.
- Perform 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.
- Resolve non-compliant insurance issues with borrowers and insurance agents.
- Work closely with Production, Underwriting, Closing and External Consultants to approve coverages while meeting tight deadlines.
- Perform other duties as assigned.
Requirements
Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.
Qualifications
- Bachelor’s degree or equivalent experience.
- Minimum of 1 - 2 years of insurance experience.
- Professional designations such as CIC, CPCU, ARM, AU, ANIS, Property & Casualty license, or equivalent is preferred.
Skills and Abilities
- Ability to work as a part of a team, while providing a strong individual contribution.
- Excellent attention to detail, judgment, flexibility, accountability and dependability.
- Strong time management and organizational skills.
- 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.
- Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.
- Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders.
Pay
This position has an estimated base salary of $64,000 - $75,000 plus a discretionary bonus.
Schedule
Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.