National Cooperative Bank · 1 day ago
Loan Insurance Analyst I
National Cooperative Bank is seeking a Loan Insurance Analyst I to review and analyze insurance documents for assigned loans. The role involves ensuring compliance with loan documents and servicing agreements, maintaining accurate insurance data, and responding to inquiries from various stakeholders.
Banking
Responsibilities
Review and analyze annual insurance renewal documents for assigned loans
Evaluate policies for compliance with loan documents, servicing agreements, and investor standards
Identify deficiencies and determine appropriate follow-up actions
Maintain accurate and timely insurance data within internal systems
Respond to inquiries from agents, borrowers, and internal customers within 48 hours
Maintain regulatory accuracy for flood packages, audits, and compliance tasks
Support audit requests, loan sales, and special projects
Provide cross-training and backup coverage for team members
Participate in ongoing training and cybersecurity compliance
Identify opportunities for operational improvements
Communicates clearly and professionally with agents, borrowers, and teams
Works well with peers and supports department goals
Skilled in Excel, Word, Outlook, and online systems
Quick to learn internal platforms like McCracken, Fiserv and vendor systems
Qualification
Required
0–1 year of experience in insurance, lending, banking, customer service, or administrative work
Strong attention to detail and accuracy when reviewing documents and data
Ability to learn and apply insurance and loan-servicing concepts with training
Strong organizational skills; able to manage multiple tasks and deadlines
Effective verbal and written communication skills with internal and external customers
Ability to exercise sound judgment when identifying discrepancies or issues
High school diploma or GED required
Skilled in Excel, Word, Outlook, and online systems
Quick to learn internal platforms like McCracken, Fiserv and vendor systems
Preferred
Associate degree or bachelor's degree preferred (fields such as Business, Finance, Insurance, Risk Management, Real Estate, or related areas)
Internship experience in a related field is a plus
Exposure to any of the following is helpful but not required: insurance documents, mortgage or loan servicing, real estate industry, financial institutions
Any of the following are beneficial but not required: AINS (associate in general insurance) coursework, Mortgage Bankers Association/Real Estate Finance coursework, FEMA/NFIP flood training modules, Intro-level insurance or compliance courses via The Institutes
Company
National Cooperative Bank
National Cooperative Bank is a company that offers banking and financial services.
Funding
Current Stage
Growth StageRecent News
Crain's New York Business
2024-10-31
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