Role Description
As an Insurance Associate Senior in PNC Midlandβs Insurance department, you will be responsible for determining compliance of commercial insurance policies on real estate loans. Typical duties include:
-
Determining compliance of insurance policies on more complex real estate loans against requirements in related loan documents, servicing contracts, government-sponsored enterprise (GSE) guides, internal policies and procedures, and applicable regulations.
-
Working with borrowers and clients to obtain evidence of compliant insurance, protecting PNC, investors, and clients.
-
Corresponding with borrowers, insurance agents, and insurance companies to resolve any insurance issues or discrepancies.
-
Resolving escalated matters, in partnership with management or more senior analysts as necessary, with respect to non-compliant coverage, discrepancies, and/or customer service issues.
-
Communicating effectively with internal and external parties, which may also include vendors, outside counsel, agencies, master/special servicers, and investors.
-
Assisting in the preparation and case write-ups of insurance waivers as appropriate.
-
Processing insurance premium disbursements, claims, and preparing as necessary for lender placement of insurance deficiencies.
This position may be eligible for remote work in select geographic locations, subject to approval by PNC. If approved, work must be conducted from a quiet, secure, and confidential home-based workspace. Occasional in-office participation may be required based on business needs.
Qualifications
-
Accuracy and Attention to Detail
-
Decision Making and Critical Thinking
-
Effective Communications
-
Insurance Legal and Regulatory Environment
-
Loan Review
-
Managing Multiple Priorities
-
Negotiating
-
Problem Solving
-
Process Management
-
Real Estate Property Data Analysis
-
Regulatory Environment - Financial Services
-
Risk Assessment
Requirements
-
University / college degree, with 2+ years of relevant professional experience. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
-
Bachelor's degree preferred.
-
No Required Certification(s).
-
No Required License(s).
-
No Required or Preferred Language Assessments.
Benefits
-
Comprehensive range of benefits including medical/prescription drug coverage (with a Health Savings Account feature), dental and vision options.
-
Employee and spouse/child life insurance.
-
Short and long-term disability protection.
-
401(k) with PNC match, pension and stock purchase plans.
-
Dependent care reimbursement account.
-
Back-up child/elder care.
-
Adoption, surrogacy, and doula reimbursement.
-
Educational assistance, including select programs fully paid.
-
A robust wellness program with financial incentives.
-
Paid time off including maternity and/or parental leave, up to 11 paid holidays each year, 9 occasional absence days each year, and between 15 to 25 vacation days each year, depending on career level and years of service.