Hybrid Insurance Analyst

at Walker & Dunlop

• Job title: Insurance Analyst
• Job type: Full Time
• Experience level: Junior
• Salary: $65,000 - $75,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Bethesda, United States

About the role

• Insurance Analyst analyzing insurance coverage for commercial loans in accordance with investor guidelines. Supporting borrowers in acquiring appropriate coverage and compliance while collaborating with internal teams.

Responsibilities

• Analyze insurance coverage for commercial loans in accordance with investor guidelines
• Assist borrowers in acquiring appropriate coverage
• Inform, and educate borrowers about coverages, exclusions, and exposure
• Provide technical support to Production/Underwriting/Closing staff specifically in analyzing borrower needs against Investor guidelines and risk to the company
• Review Investor insurance guidelines and loan documents to establish baseline requirements
• Review Appraisals, Engineering, Seismic, and Phase I Environmental Reports and Lender Requirements to determine loan-specific insurance requirements
• Perform 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
• Resolve non-compliant insurance issues with borrowers and insurance agents
• Work closely with Production, Underwriting, Closing and External Consultants to approve coverages while meeting tight deadlines
• Perform other duties as assigned

Requirements

• Bachelor’s degree or equivalent experience
• 1 plus years of insurance experience preferred
• Professional designations such as CIC, CPCU, ARM, AU, AINS, Property & Casualty license, or equivalent is preferred
• Ability to work as a part of a team, while providing a strong individual contribution
• Excellent attention to detail, judgment, flexibility, accountability and dependability
• Ability to work in high volume work environments, with strong ability to prioritize workload
• Requires excellent communication skills, written and oral, through all levels of the organization
• Strong time management and organizational skills
• Clear knowledge of Commercial Insurance Coverage –Property, (including Flood, Wind, Earthquake and Terrorism), General Liability (including Workers Comp and Auto), Professional Liability and Umbrella/Excess Liability Insurance

Benefits

• Up to 83% subsidized medical payroll deductions
• Competitive dental and vision benefits
• 401(k) + match
• Pre-tax transit and commuting benefits
• A robust health and wellness program – earn cash rewards and gain access to resources that promote health, engagement, and balance
• Paid maternity and parental leave, as well as other family paid leave programs
• Company-paid life, short and long-term disability insurance
• Health Savings Account and Healthcare and Dependent Care Flexible Spending
• Career development opportunities
• Empowerment and encouragement to give back – volunteer hours and donation matching