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The Community Preservation Corporation · 16 hours ago

Insurance Compliance Analyst

New York, NY

Full-time

Hybrid

Entry Level

$60K/yr - $75K/yr

1+ years exp

The Community Preservation Corporation (CPC) is a nationally recognized leader in affordable housing finance, dedicated to investing in multifamily housing and neighborhood revitalization. The Insurance Compliance Analyst will analyze and monitor insurance coverage for CPC’s commercial real estate loan portfolio, ensuring compliance with guidelines and assisting borrowers in acquiring appropriate insurance coverage.

Real Estate

No H1B

Responsibilities

Communicate regularly with borrowers and insurance agents to obtain evidence of required insurance coverage within established timeframes

Perform compliance reviews of insurance certificates and policies and work with internal and external stakeholders to ensure insurance requirements are met

Maintain accurate, up-to-date insurance data in the servicing systems for all assigned loans

Assist in gathering insurance information needed for lender and internal audits

Work with senior team members on insurance waiver and exception request submissions for non-compliant insurance issues

Take on challenges, acknowledge growth opportunities, and demonstrate patience when learning new processes

Perform other administrative duties and tasks, as assigned

Qualification

PropertyCasualty insuranceLoan documentationFinancial institution softwareInterpersonal skillsAttention to detail

Required

BA/BS required

Strong interpersonal skills, accuracy with numbers, ability to multi-task and attention to detail

Exhibit self-motivation and ability to multi-task whether working independently or on a team

Preferred

1+ years' experience in the property and casualty insurance industry preferred. (e.g. CRE Portfolio Administrator, CSR, Account Manager, Underwriter Assistant, Processor, etc.)

Experience in loan documentation and agency guidelines preferred

Familiarity using financial institution software, e.g., McCracken Strategy