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Senior Insurance Analyst

Senior Insurance Analyst

CompanyJones Lang LaSalle (JLL)
LocationLouisville, KY, USA, Tampa, FL, USA, Chicago, IL, USA
Salary$85000 – $115000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Knowledge of Microsoft office (Word, Excel, Outlook, Access)
  • Knowledge of insurance requirements and terminology
  • Previous insurance work experience with Fannie Mae, Freddie Mac, and HUD
  • Willingness and ability to learn new technology
  • Ability to work independently and as a team player
  • Excellent interpersonal, communication, problem-solving and organization skills
  • Ability to multi-task, especially in time-sensitive situations

Responsibilities

  • Ensure that the insurance evidence at loan origination meets or exceeds Freddie Mac and JLL’s lender requirements
  • Support contractors that may be used when the pipeline is stressed to ensure the quality meets or exceeds the firm’s requirements
  • Collaborate with the Clients, Risk Managers, and their Agents to recommend and ensure that insurance coverage levels are acceptable to Freddie Mac requirements
  • Draft and submit investor waivers when supportable and conduct all follow up as requested by the investor through to Lender approval
  • Utilize the Appraisal, Property Condition Report, Property Zoning Report, Survey, Lender Guidance, Federal Law, and sound insurance principles to ensure that the Client or Agent has the necessary tools to follow insurance requirements to meet a Closing timeline
  • Negotiate and recommend to the client different ways to ensure the property that may be more cost-efficient
  • Review and analyze Flood Zone determinations to determine if the property lies in a Special Flood Hazard Area (SFHA) requiring flood coverage
  • Perform extensive flood research as needed using FEMA flood maps, FEMA base flood elevation (estBFE) viewer, USGS, Flood control measures, and other government data to understand the risk to the collateral by the peril of flood
  • Other duties as deemed necessary and assigned by the Director of Insurance

Preferred Qualifications

  • Undergraduate degree in a business-related field is preferable
  • Two – five years insurance experience with multifamily policies
  • Insurance Certification preferred
  • Experience with Fannie Mae/Freddie Mac/ HUD preferred