Insurance Associate - Midland

PNC•Midland, AR

2d•Onsite

About The Position

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As an Insurance Associate within PNC's Midland organization, you will be based within the PNC Midland footprint. As an Insurance Associate in PNC Midland’s Insurance department, you will be responsible for determining compliance of commercial insurance policies on real estate loans. Typical duties include interacting with borrowers and insurance agents to obtain evidence of insurance, paying insurance premiums, insurance compliance, and working to resolve any noncompliant insurance items. Additional analytical responsibilities may be assigned, with regards to claims and lender placed insurance coverage. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position. The role involves determining compliance of insurance policies on real estate loans against requirements in related loan documents, servicing contracts, government-sponsored enterprise (GSE) guides, internal policies and procedures, and applicable regulations. It also includes working with borrowers and clients to obtain evidence of compliant insurance, protecting PNC, investors, and clients. The associate may correspond with borrowers, insurance agents, and insurance companies to resolve any insurance issues or discrepancies and escalates non-compliant coverages to management or more senior analysts for resolution. Support for additional analytical responsibilities related to insurance coverage, such as processing insurance premium disbursements and preparing for lender placement of insurance deficiencies, may also be required.

Requirements

4 year college degree or 2+ years relative experience
Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions (Customer Focused)
Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework (Managing Risk)
Accuracy and Attention to Detail
Decision Making and Critical Thinking
Effective Communications
Insurance Legal and Regulatory Environment
Loan Review
Managing Multiple Priorities
Negotiating
Problem Solving
Process Management
Real Estate Property Data Analysis
Regulatory Environment - Financial Services
Risk Assessment
University / college degree with < 1 year of professional experience and/or successful completion of a formal development program
In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered
Bachelors degree

Responsibilities

Determines compliance of insurance policies on real estate loans against requirements in related loan documents, servicing contracts, government-sponsored enterprise (GSE) guides, internal policies and procedures, and applicable regulations
Works with borrowers and clients to obtain evidence of compliant insurance, protecting PNC, investors, and clients.
May correspond with borrowers, insurance agents, and insurance companies to resolve any insurance issues or discrepancies.
Escalates non-compliant coverages to management or more senior analysts for resolution, while following established escalation procedures.
May support additional analytical responsibilities related to insurance coverage, such as processing insurance premium disbursements and preparing as necessary for lender placement of insurance deficiencies.

Benefits

medical/prescription drug coverage (with a Health Savings Account feature)
dental and vision options
employee and spouse/child life insurance
short and long-term disability protection
401(k) with PNC match
pension and stock purchase plans
dependent care reimbursement account
back-up child/elder care
adoption, surrogacy, and doula reimbursement
educational assistance, including select programs fully paid
a robust wellness program with financial incentives
maternity and/or parental leave
up to 11 paid holidays each year
9 occasional absence days each year, unless otherwise required by law
between 15 to 25 vacation days each year, depending on career level; and years of service
time off
learning and career development
wellness programs
recognition