Automotive Claims Specialist I
Cox Enterprises
Senior Insurance Analyst
Prudential Financial
full-time
Posted on:
Location: 🇺🇸 United States
Visit company websiteJob Level
Senior
About the role
- Conduct review of loan documents on all new loans related to insurance requirements.
- Liaise with borrowers, insurance agencies, 3rd party agencies, and prior servicers for various projects.
- Notify borrowers of expirations/deficiencies where insurance does not align with loan documents.
- Audit insurance renewals and compare against the Insurance Module and documents received.
- Obtain evidence of renewal of certificates/policies/policy endorsements and update waiver backup as needed.
- Complete insurance disbursements and assist Borrowers/Agents with insurance disputes, requirements, premium payments and cancellation notices.
- Identify loans requiring force-placed insurance and connect with Asset Management and Servicing.
- Assist with Escrow Analysis and Tax payments as needed.
- Work in a hybrid arrangement in the Dallas office at least 3 times a week.
Requirements
- 5+ years of experience with commercial property insurance
- A detailed understanding of loan terms, complex loan documents, capital structures, pooling, investor reporting and servicing agreements, servicing functions, and process flows.
- Proven written/verbal communication, analytical, and problem-solving skills
- Ability to multi-task and work independently in a time sensitive environment.
- Experience with HUD/FHA, Fannie Mae and/or Freddie Mac (preferred).
- Property and Casualty Insurance License or other insurance designations (preferred).
