Commercial Real Estate Insurance Analyst

Minneapolis, Minnesota, United States

Northmarq is a unique capital markets resource for commercial real estate investors, providing access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer a career path with best‑in‑class training and foster inclusive teams committed to collaboration, mentoring, and growth. Whether you are an industry veteran or just getting started, this role helps you unlock your potential.

Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!

Northmarq is seeking a Commercial Insurance Analyst to join its Insurance department in the Minneapolis (Bloomington, MN) headquarters office. This position requires a deadline‑driven, organized, and detail‑minded individual who will be responsible for commercial insurance compliance, ensuring minimized risk to all investor portfolios. They will interact daily with internal and external customers, working to achieve customer satisfaction while communicating the potential insurance risk and/or investor requirements.

The focus will be on developing a high‑level understanding of commercial insurance terminology, independent management of an assigned portfolio, and consistent attention to detail and accuracy in all job responsibilities. Additional responsibilities may be added to adapt to company growth.

This role supports a flexible schedule that prioritizes in‑office teamwork, with flexibility for remote work when appropriate.

• Plan and schedule own workload to most efficiently meet benchmarks and manage assigned portfolio, prioritizing according to risk and urgency.
• Provide premier customer service to investors, borrowers, agents, and other Northmarq staff.
• Monitor and collect evidence of insurance upon expiration.
• Conduct due diligence of loan documents to ensure proper loan setup and servicing of the loan.
• Audit insurance certificates and policies to ensure conformity with investor and company regulations at renewal to ensure proper policy performance and compliance, applying guidelines and procedures that may require some interpretation in dealing with exceptions.
• Maintain and update commercial mortgage insurance files and servicing system files.
• Identify potential risks for the company and the investor and promptly notify the appropriate parties following identification of any coverage issue, deficiency, or lapse in coverage.
• Achieve a high level of commercial insurance expertise, quality, understanding of risk, and possible outcomes due to coverage non‑compliance.
• Analyze insurance deficiencies, corresponding risks, and possible impacts on property financial performance, focusing on recommending the course of action based on the applicable research.
• Demonstrate growth in risk and waiver analyses; utilize gained expertise to prepare comprehensive written analyses of complex issues for investor and/or management review.
• Reach prompt and satisfactory resolution of insurance non‑compliance or other issues.
• Monitor and update monthly loan reports utilized by investors and management to analyze potential risk.
• Demonstrate continued growth and development towards the Commercial Insurance Analyst II position.
• Perform other reasonable tasks/projects, as assigned.

• 1 to 3 years of Commercial Real Estate (CRE) and/or Insurance experience.
• Bachelor’s degree in Risk Management and/or Insurance; or Commercial Real Estate Insurance‑related industry designations.
• Familiarity with insurance and commercial mortgage terminology.
• Strong skills in Microsoft Outlook, Excel, and Word.
• A customer‑focused mindset by proactively identifying opportunities to deliver added value beyond immediate needs.
• Advanced organizational skills with the ability to handle multiple tasks and assignments, and consistently prioritize deadlines.
• Capacity to identify and analyze risk, continually applying knowledge gained to improve job performance.
• Excellent oral and written communication skills.
• Aptitude to work both independently and within a team, and with minimal supervision.
• Problem‑solving skills to reflect the level of responsibilities.
• Attention to detail…