Associate handling insurance obligations for commercial real estate loans at ORIX. Analyzing and ensuring compliance while maintaining borrower communication and management reporting.
Responsibilities
Responsible for a portfolio of loans to ensure insurance obligations are met
Analyze property, liability, and regional perils to mitigate coverage limits
Communicate with the Borrower and the Agent for annual coverage binding
Review insurance policy renewal from borrowers and/or agents for compliance
Remediate non-compliant insurance issues through correspondence
Respond to inquiries from internal and external customers
Monitor reports and deadlines for timely completion of work
Utilize the Servicing System and other software applications for insurance reviews
Stay updated on regulatory requirements
Requirements
At least 3 years of experience in commercial real estate mortgage industry of insurance compliance processing and/or experience in Commercial Insurance selling, underwriting or claims
Ability to plan, organize, and prioritize assignments, and to meet critical and established deadlines; sense of urgency and attention to detail
Ability to manage multiple assignments and transactions simultaneously
Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities
Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team
Flexibility and ability to work under pressure with tight deadlines and constant interruptions; Ability to adjust priorities in a changing environment
Proficiency in Microsoft Office and list other relevant systems or software
Benefits
Quality, competitive benefits package providing healthcare and financial protection
Competitive vacation policy
Floating personal holidays
Extensive leave options
Annual observed holidays
Infertility coverage
Adoption support
Child and elder care
Fully paid maternity leave
Generous parental leave benefits
Hybrid working model with a 3 day in-office minimum requirement
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