Insurance Analyst, Compliance

About the Role

Analyst to join the Insurance Compliance team. This position handles organizational and insurance compliance functions on the Post Closing team for Fannie Mae and Freddie Mac Loan Portfolios in accordance with departmental policy, procedures, and agency guidelines.

Key Responsibilities

• Review Insurance certificates/Acord forms and policies for compliance with minimal supervision.
• Perform comprehensive compliance reviews including blanket or aggregation analyses with minimal supervision.
• Review, verify, and enter specific property-related insurance risk information and related insurance coverage data into servicing system meeting company guidelines for data integrity.
• Process Insurance waivers/exceptions/variances with supporting documentation for non-compliant insurance issues.
• Regular communication with internal and external clients related to insurance payments, including research and response to requests for information and other insurance-related matters.
• Prepare and process various reports and forms related to insurance processing.
• Be familiar with Third Party Reports such as Appraisals, Property Condition Assessments, Zoning Reports, and Seismic Risk Assessments.
• Assist and/or perform special projects and other related duties as assigned.

Requirements & Tech Stack

• Thorough understanding of loan documentation and agency guidelines for insurance.
• Loan Servicing experience is a plus.
• Strong understanding of loan documentation and agency guidelines for insurance.
• Strong understanding of insurance documentation and terminology.
• Understand company guidelines for data integrity.
• Knowledge of Fannie Mae and Freddie Mac servicing and insurance guidelines.
• Clear knowledge of Commercial Insurance Coverage (Property & Liability).
• Proficient in MS Office with an emphasis on Excel and Word.

Qualifications

• A Bachelor’s degree in: Finance, Accounting, or Business Administration.
• OR Three (3) years of relevant work experience.
• Exhibit self-motivation whether working independently or in a group.
• Strong verbal, written, and electronic communication skills.
• Strong interpersonal skills.
• Accuracy with numbers, and attention to detail essential.
• Ability to multi-task and meet frequent deadlines.
• Consistently produces work that is high quality.
• Ability to present data in a professional manner.