Analyst, Re Insurance - Whippany, United States - MetLife

MetLife
MetLife
Verified Company
Whippany, United States

1 week ago

Mark Lane

Posted by:

Mark Lane

beBee recruiter
Description
City/Cities- Whippany- State(s)- New Jersey- Country- United States- Working Schedule- Full-Time- Work Arrangement- Hybrid- Relocation Assistance Available- No- Posted Date- 08-May-2024- Job ID- 2613
Description and Requirements:

Role Value Proposition:

Global Real Estate maintains a portfolio invested in real estate equity and commercial mortgage loans, and sources and manages investments through seven regional field offices in the U.S.

and International field offices in London, Tokyo, Mexico City and Santiago.

This position is responsible for a wide range of functions specific to the insurance and event risk management of MetLife Investment Management's (MIM's) commercial mortgage lending and equity managed account portfolios.

Will support the insurance and event risk management team to increase efficiencies, optimize protection and minimize costs.

In this role, the Analyst is tasked with approving borrower insurance for the commercial lending platform, helping to coordinate exposure gathering for property and liability insurance renewals, allocation methodologies, and assisting with claim reporting.

This includes frequent interaction with MIM regional office colleagues, borrowers' representatives, insurance brokers, service administrators and senior management.


Key Responsibilities:


  • Review insurance in place relative to requirements for all commercial mortgage loan closings.
  • Manage allocation and invoicing process for property and liability policies across various MIM equity insurance programs.
  • Coordinate evidence of insurance with lenders on equity real estate investments, and to meet various vendor contractual requirements.
  • Collaborate with insurance and event risk management team on all aspects of data collection, marketing, and placement of asset specific condominium association policies.
  • Work with outside consultants regarding claim management, identify trends, and implement loss control measures to mitigate losses.
  • Provide advice and guidance to regional office teams, borrowers, partners, and portfolio management teams.

Essential Business Experience and Technical Skills:


  • Required:
  • Strong written and verbal communication skills, with the ability to review and comprehend contractual requirements
  • Basic analytical skills including experience with Excel
  • Travel varies as needed, approximately 5% of work time annually
  • Preferred:
  • Bachelor's degree in risk management, preferably real estate or investments focused

At MetLife, we're leading the global transformation of an industry we've long defined. United in purpose, diverse in perspective, we're dedicated to making a difference in the lives of our customers.

Benefits We Offer
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short
- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more
About MetLife

  • Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies" as well as the 2023 Fortune 100 Best Companies to Work For , MetLife_, through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East.
  • Our purpose is simple to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible. Join us
  • Equal Employment Opportunity/Disability/Veterans_
- _

  • MetLife maintains a drugfree workplace._
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