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ORIX Corporation USA · 1 day ago

Senior Associate, Pre-Close Insurance Compliance

United States

Full-time

Remote

Mid, Senior Level

3+ years exp

ORIX Corporation USA is focused on providing outstanding service to internal and external clients in the insurance sector. The Senior Associate, Pre-Close Insurance Compliance will manage insurance compliance reviews, lead a team of analysts, and ensure adherence to lender requirements while maintaining a complex insurance portfolio.

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Responsibilities

Utilize the Servicing System and other software applications to facilitate insurance reviews and accurately document the status of the annual compliance review

Maintain strong knowledge of lender insurance requirements, including Freddie Mac, Fannie Mae, FHA and other lenders as assigned

Ensure all insurance files, pre-close or servicing, include accurate representation of loan requirements, third party report confirmation, flood determination, and other confirmations as required

Review policy documentation from borrowers and insurance agents prior to the due date, ensuring insurance policy compliance with loan documents and/or lender requirements

Make timely requests for additional information and corrective measures with both internal and external parties

Remediate non-compliant insurance with clients, engaging in proactive communication with both the borrower and insurance agent to obtain clarification on insurance coverage limits, policy structure, or deductibles

Respond timely to inquiries from internal and external customers, ensuring that the proper notification, escalation, communication, and coordination occurs with management related to the performance of job duties, as needed

Monitor reports and deadlines to ensure work is completed in advance of set timelines, proactively communicating portfolio status with manager or team lead as needed

Assist junior team members with workflow to ensure deadlines are met

Train and develop junior team members on core position requirements and functions, ensuring consistent attention to detail across all team members

Quality check and provide feedback to team members, communicating training gaps to both the team member and manager

Assist in compiling data samples for department and/or lender audits, as requested by manager

Work professionally and harmoniously with team and coworkers

Travel Requirements – Provide 10%

Other projects and duties as assigned

Qualification

Insurance compliance reviewCommercial real estate insuranceMicrosoft Office proficiencyInsurance policy analysisTrainingDevelopmentCommunication skillsOrganizational skillsInterpersonal skillsLeadership skills

Required

3-5 years of experience in insurance selling, underwriting, claims, or CRE insurance

3-5 years of experience in commercial real estate mortgage industry of commercial insurance compliance processing

Ability to educate others, able to translate insurance concepts into clear actionable information/instruction

Proficiency in Microsoft Office and list other relevant systems or software

Excellent organizational, communication, presentation, and interpersonal skills

Ability to plan, organize, and prioritize assignments, and to meet critical and established deadlines; Ability to manage multiple assignments and transactions simultaneously

Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities

Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team

Flexibility and ability to work under pressure with tight deadlines and constant interruptions; Ability to adjust priorities in a changing environment