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Insurance Analyst (Multifamily/Commercial)

Company: Merchants Capital Corporation
Location: Saint Paul
Posted on: November 18, 2023

Job Description:

Location: Carmel, IN or Bloomington, MNOn a typical day, our Insurance Analyst is responsible for the compliance reviews for HUD and Merchants Bank of Indiana multifamily loan portfolios. You will work individually and across multiple teams and projects simultaneously while having extensive internal and external customer interaction each day. You will be detail-oriented and deadline-driven while maintaining a positive attitude in all situations. Do you want to join a team where you can experience the creativity and flexibility of a small lender, with all the capabilities of a large institution? If yes, then apply TODAY!In one year as an Insurance Analyst, you will know you were successful if you----- -

  • Produced efficient, high-functioning portfolios ensuring accuracy and compliance while providing excellent customer satisfaction to all stakeholders
  • Successfully reviewed loan documents, appraisals, engineering, seismic, and phase I environmental reports to determine loan-specific insurance requirements
  • Conducted due diligence of loan documents to ensure proper loan setup and servicing of the loan and identified potential risks for the company and the investor
  • Performed an annual review and audit of insurance certificates, statements of value, and invoices to determine compliance with Investor guidelines
  • Served as point of contact on insurance questions, coverage requirements, and investor guidelines while providing premier customer service What we are looking for----- -
    • Bachelor's degree, preferably in the business or finance areas; or insurance-related industry designations with direct experience and demonstrated ability
    • Preferred minimum of one year of insurance experience in multifamily loan administration preferred with a clear knowledge of Commercial Insurance Coverage -----" Property, (including Flood, Wind, Earthquake, and Terrorism), General Liability (including Workers Comp and Auto), Professional Liability, and Umbrella/Excess Liability Insurance
    • Familiarity with Agency and Lenders programs a plusABOUT MERCHANTS CAPITALWith over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multifamily housing nationwide. Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank's balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways. Recognized as a , Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners. To learn more about Merchants Capital, visit .PM20 #CLPI48c092d9e76e-31181-32917181

Keywords: Merchants Capital Corporation, St. Paul , Insurance Analyst (Multifamily/Commercial), Accounting, Auditing , Saint Paul, Minnesota

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