NorthMarq
Commercial Insurance Analyst I (Minneapolis) - Commercial Real Estate Finance
Minneapolis, MN
Aug 25, 2024
unknown
Full Job Description
    Commercial Insurance Analyst I - Commercial Real Estate Finance Northmarq - Minneapolis, MN (Bloomington, MN)   At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!    Northmarq is looking for a Commercial Insurance Analyst I to join its Insurance department in the Minneapolis (Bloomington, MN) headquarters office. This position requires a deadline-driven, organized, and detail-minded individual who would be responsible for commercial insurance compliance, ensuring minimized risk to all investor portfolios. They will interact daily with internal and external customers, working to achieve customer satisfaction while communicating the potential insurance risk and/or investor requirements. The focus will be on developing a high-level understanding of commercial insurance terminology, independent management of an assigned portfolio, and consistent attention to detail and accuracy in all job responsibilities. Additional responsibilities may be added to adapt to company growth.    *This position is an in-office position, with an immediate start date.   Position Responsibilities:
  • Plan and schedule own workload to most efficiently meet benchmarks and manage assigned portfolio, prioritizing according to risk and urgency.
  • Provide premier customer service to investors, borrowers, agents, and other Northmarq staff.
  • Monitor and collect evidence of insurance, upon expiration.
  • Conduct due diligence of loan documents to ensure proper loan setup and servicing of the loan.
  • Audit insurance certificates and policies to ensure conformity with investor and company regulations at renewal to ensure proper policy performance and compliance, applying guidelines and procedures that may require some interpretation in dealing with exceptions.
  • Maintain and update commercial mortgage insurance files and servicing system files.
  • Identify potential risks for the company and the investor and promptly notify the appropriate parties following identification of any coverage issue, deficiency, or lapse in coverage.
  • Achieve a high level of commercial insurance expertise, quality, understanding of risk, and possible outcomes due to coverage non-compliance.
  • Achieve the ability to analyze insurance deficiencies, corresponding risks, and possible impacts on property financial performance, focusing on recommending the course of action based on the outcome of the applicable research.
  • Demonstrate growth in risk and waiver analyses; utilize gained expertise to prepare comprehensive written analyses of complex issues for investor and/or management review. Reach prompt and satisfactory resolution of insurance non-compliance, or other issues.
  • Monitor and update monthly loan reports utilized by investors and management to analyze potential risk.
  • Demonstrate continued growth and development towards the Commercial Insurance Analyst II position.
  • Perform other reasonable tasks/projects, as assigned.
What We're Looking For:
  • Bachelor’s degree, preferably in the business or finance areas; or insurance-related industry designations with direct experience and demonstrated ability to perform the required tasks.
  • 1 to 3 years of office experience; Insurance or Mortgage Loan experience preferred.
  • Familiar with insurance and commercial mortgage terminology
  • Strong skills in Microsoft Outlook, Excel, and Word
  • Customer service oriented; looks for ways to add value beyond customers’ immediate requests and enhance customer service
  • Strong organizational skills with the ability to handle multiple tasks, and assignments and prioritize to meet deadlines
  • Excellent oral and written communication skills
  • Ability to work both independently and within a team, with minimal supervision
  • Ability to identify and analyze risk, continually applying knowledge gained to improve job performance
  • Problem-solving skills to reflect the level of responsibilities
  • Attention to detail and accuracy required
  • Ability to maintain a positive attitude in all situations
  • Demonstrated work ethic and willingness to work extended hours when necessary
Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more! PDN-9c17c78b-9c7f-4951-816d-aad6d6a047a2
Job Information
Job Category:
Accounting
Spotlight Employer
Related jobs
Assistant Vice Chancellor, Strategic Communications
University of California, San Francisco
TheUniversity of California, San Franciscoseeks a seasoned communications leader to serve as Assistant Vice Chancellor (AVC), Strategic Communications, to join the Office of Communications (OC). In th...
Sep 20, 2024
San Francisco, CA
As part of a bold new hiring initiative, Edson College of Nursing and Health Innovation at Arizona State Universityinvites applications for a tenured/tenure track faculty position at the assistant, as...
Sep 20, 2024
Phoenix, AZ
As part of a bold new hiring initiative in several areas, Edson College of Nursing and Health Innovation, Arizona State University invites applications for a tenured/tenure track faculty position at t...
Sep 20, 2024
Phoenix, AZ
©2024 TalentAlly
Powered by TalentAlly.
Apply for this job
Commercial Insurance Analyst I (Minneapolis) - Commercial Real Estate Finance
NorthMarq
Minneapolis, MN
Aug 25, 2024
unknown
Your Information
First Name *
Last Name *
Email Address *
Zip Code *
Password *
Confirm Password *
Create your Profile from your Resume
By clicking the Apply button, you agree to the terms of use and privacy policy.
Continue to Apply

NorthMarq would like you to finish the application on their website.