Loan Admin – Credit Insurance

Overview

As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specializing in the fields of Banking, Finance, and Financial Services. Guided by our core values of closeness, teamwork, diversity, and excellence, our team of 980 expert consultants, representing 35 different nationalities, collaborates across 10 international offices:
Paris, Lyon, New York, Montreal, London, Brussels, Geneva, Lisbon, Porto and Casablanca. Committed to sustainability (Ecovadis Gold), diversity (gender index: 92%), and quality of work life (Best Workplace Experience), Quanteam is a forward-thinking enterprise.

📌 Middle Office Analyst – Insurance Operations

We are looking for a Middle Office Analyst – Insurance Operations to join a dynamic financial services environment. This role is key to the end-to-end management of credit insurance activities linked to financing transactions, working closely with internal teams and external partners to ensure accuracy, timeliness, and strong operational risk control.

• Insurance lifecycle management
• Act as the subject matter expert for credit insurance processes, from deal review (pre-closing when applicable) through booking, payment, and ongoing monitoring.
• Calculate insurance premiums based on credit agreements and insurance certificates, and ensure timely and accurate payments to brokers.
• System booking & monitoring
• Book, monitor, and reconcile insurance-related transactions in core loan systems (e.g. Loan IQ), ensuring data integrity and consistency.
• Documentation review
• Review insurance policies and related legal documentation to identify insurance requirements and ensure correct operational treatment.
• Validate insurance calculations and coordinate initial deposits or payments prior to funding.
• Coordination & communication
• Serve as the main point of contact for insurance-related topics with Front Office teams, internal stakeholders, and external brokers.
• Monitor insurance covenants and reporting obligations, identify discrepancies, and escalate risks or issues when necessary.
• Process improvement
• Contribute to the continuous improvement of insurance handling processes, from booking to reconciliation and reporting.

• 1–2+ years of experience in commercial lending, asset finance, or middle office operations within a banking or financial services environment
• Proven experience managing insurance components within financing deals
• Bachelor’s degree in Finance, Business, or a related field
• Familiarity with banking systems such as Loan IQ (or equivalent) is a strong plus
• Solid Excel skills; comfortable working with Power Point
• Good understanding of financial statements and ability to calculate and interpret financial ratios
• Detail-oriented, proactive, and comfortable working in a fast-paced, multi-stakeholder environment