Commercial Insurance Specialist
Heartland Bank and Trust Company•Bloomington, MN
•Onsite
About The Position
Commercial Insurance Specialists are responsible for the Bank's commercial loan insurance tracking portfolio. This position follows established lending policies and procedures. Commercial Insurance Specialists are multi-functional, customer-oriented individuals who rely on instructions and pre-established procedures to perform the functions of this job. Commercial Insurance Specialists report to the department supervisor.
Requirements
- Associate’s Degree and minimum 5 years commercial insurance preferred or equivalent combination of education and experience.
Responsibilities
- Review business asset insurance policies that cover the bank's UCC filings.
- Manage the force placed insurance process on commercial loans that have cancelled, expired, or no insurance.
- Track and obtain insurance coverage on all builder's risk insurance policies on construction loans.
- Prompt Insurance agent follow-up to obtain proof of insurance on all Commercial insurance policies.
- Track and obtain proof of insurance on all vehicle loans.
- Adhere to Bank policies and procedures as well as industry regulations.
- Assist with Loan Officer and Loan Assistant requests related to commercial loans.
- Perform other duties as necessary to assist the Escrow/Insurance Supervisor.
Benefits
- competitive benefits package
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
