Insurance Analyst

Walker & Dunlop

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profile Job Location:

Bethesda, MD - USA

profile Monthly Salary: $ 62500 - 75000
Posted on: 3 hours ago
Vacancies: 1 Vacancy

Job Summary

Department:

Servicing - Insurance

We are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry enabling real estate owners and operators to bring their visions of communities where people live work shop and play to life. We are committed to creating meaningful social environmental and economic change in our communities.

Department Overview

Our Servicing experts service all Fannie Mae Freddie Mac and FHA Finance loans originated by Walker & Dunlop as well as certain life insurance company bank and CMBS loans. Our Servicing experts are the borrowers primary point of contact and ensure that the requirements of the investors are met from loan closing through payoff. The Department consists of six main functional areas: Loan Administration Asset Management Insurance Compliance Investor Reporting Treasury and Compliance.W&Ds Servicing portfolio is the 8th largest in the U.S. and W&D is one of Fitchs highest-rated Servicers with a rating of CPS1-.

The Impact You Will Have

Analyze insurance coverage for commercial loans in accordance with Investor 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.

Primary Responsibilities

  • Main point of contact on insurance questions coverage requirements and investor guidelines.

  • Review Investor insurance guidelines and loan documents to establish baseline requirements.

  • Review Loan Documents Appraisals Engineering Seismic and Phase I Environmental Reports to determine loan-specific insurance requirements.

  • Perform annual 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.

  • Responsible for maintaining insurance data in the Enterprise servicing system and Salesforce as applicable.

  • Prepare and submit Lender reports as required from time to time.

  • Work with and assist the Servicing Insurance Front-End division as needed.

  • Perform general insurance tasks as necessary which include processing invoices and reimbursements to borrowers.

  • Perform other duties as assigned.

  • Attendance is generally required from 8:30 am 5:30 pm local time Tuesday through Thursday with the option to work remotely on Mondays and Fridays.

Education and Experience

  • Bachelors degree or equivalent experience.

  • Minimum of 1 year of insurance experience.

  • Professional designations such as CIC CPCU ARM AU AINS or equivalent is preferred.


Knowledge Skills and Abilities

  • Ability to work as a part of a team while providing a strong individual contribution.

  • Excellent attention to detail judgment flexibility accountability and dependability.

  • 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.

This position has an estimated base salary of $62500 - $75000 plus discretionary bonus. An employment offer is based on the applicants relevant work experience applicable knowledge skills abilities internal equity and alignment with market data.

#NA1

#LI-Hybrid

What We Offer

  • The opportunity to join one of Fortune Magazines Great Places to Work winners from 2015-2023

  • Comprehensive benefit options* that have earned Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation some of which include:
    -
    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


*Eligibility may vary based on average number of hours worked

EEO Statement

We are committed to equity in all steps of the recruitment and employment experience. We believe in equal access to opportunities in our workplace. We do not tolerate discrimination including harassment based on any characteristic protected by applicable law such as race color national origin religion gender identity sexual orientation sex age disability veteran or military status and genetic information or any other characteristic protected by applicable law. We strive to be a safe place to ask questions build professional relationships and develop careers.

SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non email address. Please call us at 301.215.5500 if you have any concerns about information requested during or after the application process.

Fair Chance Hiring

Background checks including any questions related to infractions arrests or conviction records will not be conducted until after a conditional offer of employment has been accepted. We will consider for employment qualified applicants regardless of arrest and conviction records in accordance with federal state and local laws.


Required Experience:

IC

Department:Servicing - InsuranceWe are Walker & Dunlop. We are one of the largest providers of capital to the commercial real estate industry enabling real estate owners and operators to bring their visions of communities where people live work shop and play to life. We are committed to creating m...
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Key Skills

  • Sales Experience
  • Time Management
  • Marketing
  • Customer Service
  • Communication skills
  • Retail Sales
  • Business Management
  • Outside Sales
  • Telemarketing
  • Insurance Sales
  • Medicare
  • Phone Etiquette

About Company

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With over 85 years of experience, Walker & Dunlop is your trusted partner for CRE financing, sales, valuation, loan servicing, investment management, & research needs.

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