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New Analyst, Insurance Processing Buffalo, New York Apply Analyst, Insurance Processing Location:
Tonawanda, NY (Hybrid following training) About the Role The Analyst, Insurance Compliance, is responsible for ensuring that adequate insurance coverage exists, paid per lender guidelines and documented appropriately. What You'll Do First level of contact on insurance questions, coverage requirements and investor guidelines Interact with internal and external customers as required to obtain proof of insurance Evaluate Insurance documentation and review against system and lender guidelines Follow-up on insurance exception items within specified time frames Disburse escrow funds for timely payment of insurance premium Monitor insurance escrow funds for shortages including contacting borrowers to secure funds Timely and accurate boarding and review of new loans and documents into all Arbor servicing systems as it pertains to insurance items Maintain integrity of system data as it pertains to insurance updates Provide support to resolve insurance related borrower and portfolio management inquiries Identify and communicate insurance related issues and trends Accurately research and process refunded, returned, and/or stale dated checks and initiate stop payment process on checks as needed Obtain paid in full receipt for all non-escrow accounts Communicate with all applicable parties regarding any lender placed insurance issues Other projects as assigned.
What We're Looking For Education:
High school diploma or equivalent; Associates' or Bachelor's degree in Business, Finance, or a related discipline, or equivalent work experience preferred
Experience:
Prior experience in commercial insurance, mortgage, or banking is preferred, but not required. Clear, professional written and verbal communication skills, with the confidence to engage with both internal and external stakeholders Excellent attention to detail, judgment, flexibility, accountability, and dependability Strong time management and organizational skills for prioritizing multiple assignments. Must have initiative, motivated, flexible attitude and be able to adapt to a changing environment Ability to work as a part of a team, while providing a strong individual contribution Demonstrated critical thinking skills and a solution-oriented mindset Intermediate Microsoft Office skills Arbor Realty Trust, Inc. offers a competitive base salary and discretionary bonus. The starting base salary range for this position is $55,000 to $60,000. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the course of the year. The total compensation package for this position will also include other elements, a full range of medical, and/or other benefits including 401(k) eligibility and paid time off benefits. We are proud to be an equal opportunity employer and are committed to maintaining a diverse workforce and an inclusive work environment for our associates, customers and business partners. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability, ethnicity, pregnancy or any other legally protected status. We are committed to working with and providing reasonable accommodations to individuals with disabilities. Create a Job Alert Interested in building your career at Arbor Realty Trust? Get future opportunities sent straight to your email. Create alert Apply for this job
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- Attach Attach Dropbox Enter manually Enter manually Accepted file types: pdf, doc, docx, txt, rtf Cover Letter Attach Attach Dropbox Enter manually Enter manually Accepted file types: pdf, doc, docx, txt, rtf Education School Select... Degree
- Select... Discipline Select... Start date month Select... Start date year End date month Select... End date year Add another Are you available for full-time work (approximately 37.5 - 40 hours)?
- Select... Do you have at least three (3) years of experience in commercial lines insurance?
- Select... Do you have clear knowledge of Commercial Insurance Coverage such as Property, (including Flood, Wind, Earthquake and Terrorism), General Liability (including Workers Comp and Auto), Professional Liability and Umbrella/Excess Liability Insurance?
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.. LinkedIn Profile Voluntary Self-Identification For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file. As set forth in Arbor Realty Trust's Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law. Gender Select... Are you Hispanic/Latino? Select... Race & Ethnicity Definitions If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows: A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability. A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service. An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense. An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985. Veteran Status Select... Submit application