Commercial Loan Insurance Specialist

3 weeks ago


Fairfield, New Jersey, United States Kearny Bank Full time
Job Summary

We are seeking a highly skilled Commercial Loan Insurance Administrator to join our team at Kearny Bank. As a key member of our Loan Servicing department, you will be responsible for handling the full insurance collection and review of commercial loans.

Key Responsibilities
  • Obtain, review, and complete checklists for all commercial loan insurance requirements.
  • Monitor and send appropriate letters for flood zone changes and flood insurance cancellations.
  • Responsible for all Allied functions, including CPI Billing, Report distribution, Verify Data, and uploading insurance.
  • Fiserv System maintenance, including updating flood policy dates, flood zones, and escrow addenda's.
  • Communicate with Allied, insurance agents, insurance brokers, insurance companies, customers, lenders, and other stakeholders.
  • Complete daily report reviews and projects.
Requirements
  • High school diploma or equivalent required.
  • Two to three years of experience required.
  • Allied or insurance tracking software experience preferred.
  • Commercial insurance experience, either hazard or flood, is required.
  • Fiserv experience is preferred.
  • Proficiency in MS Office, including Excel, is required.
  • Excellent written and oral communication skills.
  • Strong organizational, problem-solving, and analytical skills.
  • Ability to manage priorities and workflow.
  • Versatility, flexibility, and a willingness to work within constantly changing priorities.
  • Excellent customer service skills and investigative skills.
  • Proven ability to handle multiple projects and meet deadlines.
  • Ability to effectively present information and elevate insurance deficiencies to management.
Working Conditions

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Regular attendance and punctuality are essential functions of every job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is regularly required to sit, use hands and fingers, handle or feel objects, use tools or controls, reach with hands and arms, talk and/or hear. The employee frequently is required to stand and walk. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by the job include close vision, distance vision, peripheral vision, color vision, depth perception, and the ability to adjust focus.



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