Apply on Employer Site

Lockton · 2 weeks ago

Lender Review Analyst

Houston, TX

Full-time

Onsite

Entry Level

2+ years exp

Lockton is a company focused on insurance solutions, and they are seeking a Lender Review Analyst. The role involves collaborating with various stakeholders to review insurance documents, manage relationships with lenders, and ensure compliance with requirements.

Auto InsuranceInsuranceRisk Management

Responsibilities

Collaborates internally and externally with Associate Analysts, Consultants, Advisors, Lenders, Brokers and Legal Counsel to ensure all data is received for initial review

Reviews insurance certificates and policies for any “red flag” issues and confirm all coverages, terms and conditions meet requirements for respective Lender

Drafts correspondence to Lender, borrower and broker outlining needed prior to closing to satisfy requirements

Authors detailed reports outlining findings, red flags/issues, recommendations and coverages for Lenders

Coordinates with outside insurance contact or broker to make necessary changes to insurance policies to effectively meet insurance programs

Audits property and casualty insurance certificates and closing documents for accuracy and completeness

Manages renewal transactions, certificate reviews, and Lender relationships

Attends and occasionally leads departmental meetings

Prepares invoices for Lenders based on fee agreements and follow up for payments

Makes a positive contribution to customer satisfaction and constantly strive to improve service

Other duties or tasks as assigned

Qualification

Insurance experienceMicrosoft Office SuiteMathematical accuracyAttention to detailOrganizational skillsWillingness to learnCommunication skillsTime managementResults-oriented

Required

High school diploma (or GED) required

Two (2) years of insurance experience – college degree or college hours will be taken into consideration

Strong knowledge of Microsoft Office Suite (Word, Excel, PowerPoint and Outlook)

Strong attention to detail

High aptitude for accuracy in mathematical calculations

Organizational and time management skills to prioritize workloads and successfully meet time-sensitive deadlines. Must be results-oriented with the ability to prioritize as needed

Excellent written, verbal and interpersonal communication skills to interact with associates at all levels of responsibility, along with the ability to communicate with tact and diplomacy

Desire and willingness to further insurance knowledge by participating in self-study, Lockton provided classes, and on-the-job training

Ability to travel and work outside of regular business hours as needed

Legally able to work in the United States