4 days/week ONSITE; 1 remote (not negotiable). Experience in Insurance risk and commercial insurance.
Responsibilities:
Main point of contact on insurance questions, coverage requirements, and investor guidelines. Pursue and obtain invoices, paid receipts, and evidence of insurance on the assigned portfolio within 30 days of insurance renewal. Review Investor insurance guidelines and loan documents to establish baseline requirements. Review Loan Documents, Appraisals, Engineering, Seismic, and Phase I Environmental Reports to determine loan-specific insurance 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 Sales Force as applicable. Prepare and submit Lender reports as required from time to time. Obtain an understanding of the insurance casualty provision and claim process. Work with and assist the Servicing Insurance Front-End division as needed.
Pay:
$38.91 per hour Expected hours: 40.0 per week
Experience:
Insurance risk: 2 years (Required) Commercial insurance: 1 year (Required)