The Commercial Insurance Analyst supports the Escrow Department by reviewing commercial loan documents and insurance coverage for compliance with lender requirements. This role involves corresponding with clients and brokers, resolving compliance issues, and educating borrowers on insurance needs. A minimum of one year of office experience or a relevant degree is required, with commercial insurance experience being preferred.
SUMMARY
Colliers Mortgage is seeking a driven, customer focused, and detail-oriented Commercial Insurance Analyst to support our internal Escrow Department. This is a great opportunity for someone who is looking to break into both the commercial real estate and/or commercial insurance industry. This individual will build strong cross functional internal relationships, correspond with complex commercial mortgage clients, work with external insurance agents/brokers, as well as our Loan Origination and Servicing teams.
- Conduct periodic reviews of commercial loan documents and insurance coverage to ensure compliance with lender servicing requirements
- Request revisions to insurance policies from insurance agents/brokers with diligent follow up to ensure loan compliance
- Communicate and make recommendations to lenders to resolve issues of non-compliance
- Review various monthly reports to effectively manage the loan portfolio
- Certify to lenders compliance with lender requirements as required
- Educate borrowers on loan specific insurance requirements
- Other duties assigned
- 1+ year of office experience, or an associates or higher degree required
- Commercial Property and Casualty insurance and/or servicing experience/training preferred
- Exceptional written and verbal communication skills required
- Ability to read, analyze, and interpret technical procedures, financial documents, or governmental regulations
- Strong attention to detail, with the ability to recognize discrepancies in the available data
- Proficiency in Microsoft Excel, Word, and Outlook
- Problem solving and decision-making skills
- Strong organizational skills, with the ability to effectively manage competing priorities
- Driven, innovative team-player who is focused on results and strives to deliver a superior work product
JOB EXPECTATIONS
This is a full-time position in office three days a week. Days of work are Monday through Friday during standard business hours. Regular and reliable attendance required.
BENEFITS
We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.
Area/Location Specific: Minneapolis, MN
Approximate Compensation Range for this Role: $65,000 - $75,000 annually
Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.