Prudential Financial

Senior Insurance Analyst

Prudential Financial

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Job 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).