Jobs

    Entry-level Analyst - Bloomington, United States - Ultimate Staffing

    Ultimate Staffing
    Ultimate Staffing Bloomington, United States

    2 weeks ago

    Default job background
    Description

    Analyze insurance coverage for commercial loans following Investor guidelines. Assist borrowers in obtaining suitable coverage. Educate borrowers on coverage, exclusions, and risks. Provide technical support to Production/Underwriting/Closing staff in assessing borrower needs against investor guidelines and company risk.

    This position is located 100% in the office (Bloomington). The salary ranges from $55,000 to $75,000, plus a bonus. It transitions to full-time employment after 90 days, offering perks such as 21 days of PTO, education support, travel discounts, pet insurance, etc. Join one of the leading capital markets/commercial real estate firms in the nation.

    Primary Responsibilities:

    • Main contact for insurance queries, coverage needs, and investor guidelines.
    • Examine Investor insurance guidelines and loan documents to set baseline requirements.
    • Conduct annual reviews of insurance certificates, policies, values statements, and invoices for Investor guideline compliance.
    • Manage Insurance waivers/Exceptions with appropriate documentation for non-compliant insurance matters.
    • Maintain insurance data in the Enterprise servicing system and SalesForce as needed.
    • Generate and submit Lender reports as necessary.
    • Collaborate with and aid the Servicing Insurance Front-End division as required.
    • Execute general insurance duties like processing invoices and borrower reimbursements.

    Education and Experience:

    • Bachelor's degree in a related field (Finance, Economics, Business Administration) or equivalent experience. Applicants from the class of 2024 with a GPA of 3.5 or higher will be considered.
    • Prior experience in Banking, mortgage, risk analysis, and/or insurance (including internships) is a strong asset
      • Minimum of 1 to 3 years of experience required to qualify for the mid to high end of the salary range ($61,000-75,000)

    All qualified candidates are welcome, without regard to various factors. We assess all applicants in compliance with state and local regulations, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.



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