Senior Insurance Specialist – Mortgage Loans
The Community Preservation Corporation
full-time
Posted on:
Location Type: Hybrid
Location: New York City • New York • United States
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Salary
💰 $85,000 - $100,000 per year
Job Level
About the role
- Review and validate insurance requirements for permanent and construction loans to ensure compliance with lender guidelines and contractual obligation to support on time closings.
- Analyze borrower-provided insurance certificates, policies, binders, and endorsements for adequacy of coverage, limits, and proper naming; identify gaps and communicate corrective actions to borrowers and brokers.
- Verify mortgagee clauses, additional insured endorsements, and other required provisions.
- Consult with internal stakeholders to gather loan information and mitigate exposures.
- Assist in contract review and recommend insurance provisions to align with insurance risk management standards.
- Track and process departmental billings, payments, and insurance documentation throughout the loan lifecycle.
- Prepare insurance exception requests, loss summaries, and management reports.
- Conduct document retrieval, data management, and research to support portfolio-level activities.
- Deliver training sessions to educate staff on insurance policies, procedures, and best practices.
- Stay current on industry trends, regulatory changes, and emerging risks impacting insurance programs.
- Perform additional duties as assigned.
Requirements
- 3-5 years of experience in risk management, broker, carrier or underwriting.
- A bachelor's degree in risk management, finance, business administration, insurance, or a related field. Professional certifications (e.g., ARM, CPCU, CRM) are preferred but not required.
- Working knowledge and understanding of property and casualty insurance and claims management.
- Expertise in Microsoft Office Suite.
- Excellent interpersonal, verbal, and written communication skills.
- Strong analytical and quantitative skills to process and interpret complex data.
- Effectively manages/balances multiple and sometimes competing priorities.
Benefits
- Competitive compensation
- 401(k) retirement plans with employer match
- Medical, dental, and vision benefits for employees and their dependents
- Commuter benefits
- PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
- Tuition assistance program
- Two “work from anywhere” weeks per year
- Summer Fridays
- Collaborative working spaces
- Service days to support our communities
- Employee development and engagement events
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
risk managementinsurance requirements analysisinsurance certificate reviewmortgagee clauses verificationcontract reviewinsurance exception requestsdata managementclaims managementanalytical skillsquantitative skills
Soft Skills
interpersonal skillsverbal communicationwritten communicationanalytical thinkingprioritizationtraining deliverystakeholder consultationproblem-solvingattention to detailadaptability
Certifications
ARMCPCUCRM