RCC Senior Insurance Administrator
3 weeks ago
As a RCC Senior Insurance Administrator at M&T Bank, you will play a critical role in ensuring that customer insurance coverage meets investor requirements and that insurance premium payments are accurate and timely. This position requires a high level of expertise in commercial property and casualty insurance, as well as excellent analytical and communication skills.
Key Responsibilities:
• Determine borrowers' insurance requirements based on investor guidelines
• Pay insurance premiums from escrow funds or obtain paid receipts from customers
• Prepare audits of customers' insurance coverage under the supervision of the Insurance Compliance Officer
• Follow up with Asset Managers, Insurance Agents, and Brokers regarding customers' insurance issues
• Maintain accurate and up-to-date records of insurance information in the FICS loan database and department files
Requirements:
• Bachelor's degree or equivalent in relevant work experience, including a minimum of 5 years of previous property and casualty insurance experience
• Commercial property and casualty insurance experience preferred
• Experience in reviewing commercial loan documents, title reports, and surveys to determine loan collateral
• Experience with tax payments and tax escrows with a commercial loan servicer, and/or experience with commercial multifamily property and liability insurance
What We Offer:
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,179,427.60 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Equal Opportunity Employer:
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
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