QUANTEAM (RAINBOW PARTNERS Group) · 16 hours ago
Middle Office Analyst – Credit Insurance
NYC Metro Area
Full-time
Onsite
Entry, Mid Level
$60K/yr - $95K/yr
1+ years expQuanteam is a consulting firm specializing in Banking, Finance, and Financial Services. They are seeking a Middle Office Analyst to manage credit insurance activities linked to financing transactions, ensuring accuracy and operational risk control.
ConsultingFinanceInformation Technology
Responsibilities
Insurance lifecycle management
Act as the subject matter expert for credit insurance processes, from deal review (pre-closing when applicable) through booking, payment, and ongoing monitoring
Premium calculation & processing
Calculate insurance premiums based on credit agreements and insurance certificates, and ensure timely and accurate payments to brokers
System booking & monitoring
Book, monitor, and reconcile insurance-related transactions in core loan systems (e.g. Loan IQ), ensuring data integrity and consistency
Documentation review
Review insurance policies and related legal documentation to identify insurance requirements and ensure correct operational treatment
Pre-funding checks
Validate insurance calculations and coordinate initial deposits or payments prior to funding
Coordination & communication
Serve as the main point of contact for insurance-related topics with Front Office teams, internal stakeholders, and external brokers
Risk & compliance
Monitor insurance covenants and reporting obligations, identify discrepancies, and escalate risks or issues when necessary
Process improvement
Contribute to the continuous improvement of insurance handling processes, from booking to reconciliation and reporting
Qualification
Required
1–2+ years of experience in commercial lending, asset finance, or middle office operations within a banking or financial services environment
Proven experience managing insurance components within financing deals
Bachelor's degree in Finance, Business, or a related field
Familiarity with banking systems such as Loan IQ (or equivalent) is a strong plus
Solid Excel skills; comfortable working with PowerPoint
Good understanding of financial statements and ability to calculate and interpret financial ratios
Detail-oriented, proactive, and comfortable working in a fast-paced, multi-stakeholder environment
Company
QUANTEAM (RAINBOW PARTNERS Group)
🤔 About us? As the founding entity of RAINBOW PARTNERS, Quanteam is a consulting firm specialized in Banking, Finance, and Financial Services.
501-1000 employees
Funding
Current Stage
Late StageCompany data provided by crunchbase