Experienced Front-End Insurance Analyst
About The Position
We are Walker & Dunlop, a leading provider of capital to the commercial real estate industry, dedicated to creating positive change in our communities. Our Servicing department manages Fannie Mae, Freddie Mac, and FHA Finance loans, acting as the primary point of contact for borrowers and ensuring investor requirements are met. With the 8th largest servicing portfolio in the U.S. and a top servicer rating from Fitch, our Servicing experts are integral to our operations. This role focuses on analyzing insurance coverage for commercial loans, assisting borrowers in obtaining appropriate coverage, and educating them on policy details. You will also provide technical support to internal teams regarding borrower needs, investor guidelines, and company risk.
Requirements
- Bachelor’s degree or equivalent experience.
- Minimum of 1 - 2 years of insurance experience.
- 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.
- Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.
- Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders.
Nice To Haves
- Professional designations such as CIC, CPCU, ARM, AU, ANIS, Property & Casualty license, or equivalent is preferred.
Responsibilities
- Analyze insurance coverage for commercial loans in accordance with Investor guidelines.
- Assist borrowers in acquiring appropriate coverage.
- Inform and educate borrowers about coverage, exclusion, 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.
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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
