Senior Analyst - Commercial Insurance

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.

This role is primarily in office (Bloomington) with 1 day a week from home, pays up to $85K + bonus, is permanent (willing to consider temp to hire and direct hire candidates), and offers amazing benefits like 21 days of PTO, education assistance, discounts on travel, pet insurance, paid volunteer time, etc.

Primary Responsibilities:

• Main point of contact on insurance questions, coverage requirements and investor guidelines.
• Review Investor insurance guidelines and loan documents to establish baseline 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.

Education and Experience:

• Bachelor's degree + 3-5 years of commercial loan or mortgage, risk management, and/or commercial insurance experience!

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Accounting/Auditing, Finance, and General Business

Industries: Banking, Capital Markets, and Insurance

All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status.