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Commercial Insurance Analyst
2 months ago
We are seeking a skilled and experienced insurance analyst to join our team at Armada Analytics. In this role, you will be responsible for conducting comprehensive insurance reviews for commercial real estate lenders.
Job Summary
The Commercial Insurance Analyst I position is a critical role in our team, requiring a strong understanding of commercial property and casualty insurance. You will be responsible for managing a portfolio of loans to ensure compliance with lender and investor requirements.
Key Responsibilities
- Conduct annual reviews of ACORD insurance forms to ensure compliance with investor/lender insurance requirements.
- Contact insurance agents to adjust coverage to acceptable levels and submit insurance waiver requests to commercial lenders and investors.
- Develop and write thorough insurance review reports for clients using Armada's report-development software.
- Manage and update data in the system to reflect current insurance policy information and requirements.
- Correspond with clients, borrowers, or insurance agents to resolve issues or discrepancies related to insurance.
- Interact with internal departments to resolve issues or discrepancies related to insurance.
- Perform peer-to-peer quality reviews and assist with special projects as assigned.
Requirements
- High-school diploma or GED equivalent.
- 1-3 years of property & casualty insurance experience.
- Clear knowledge of Commercial Insurance Coverage, including Property, Flood, Wind, Earthquake, and Terrorism, General and Umbrella/Excess Liability Insurance.
- Excellent attention to detail, judgment, flexibility, accountability, and dependability.
- Legal document review and interpretation experience.
- Willingness to learn and apply on-job education to work assignments.
- Ability to work in a high-volume, deadline-driven environment with strong prioritization skills.
- Excellent written communication skills.
- Proficient in Microsoft Excel, Word, Adobe, and Outlook.
- Strong problem-solving and time management skills.
Preferred Qualifications
- BA or BS in insurance, finance, or related field.
- Insurance-related certification or designation.
- Commercial loan servicing experience.
- Commercial insurance agency or insurance carrier work experience.
- Ability to manage multiple assignments at any given time.
- Experience in SalesForce or other similar workflow management tools.
- Experience in commercial real estate insurance reviews for lenders.
Working Conditions
This position can be an in-office or remote position.