Senior Analyst - Insurance
 JLL | |
 United States, Texas, Houston | |
 Sep 24, 2024 | |
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We are seeking a SeniorInsurance Analyst for ourAgency Lendingplatform.The main function of the Senior Insurance Analyst for JLL Real Estate Capital is to provide insurance expertise and manage risk as it relates to insurance coverage for multifamily and senior housing properties. TheSenior Insurance Analyst will havestrongknowledge of insurance terminology and policy functions, specifically as it relates to multifamily housing in the GSE arena with keeping abreast of changes in the industry. The Senior Insurance Analyst should have the ability to interpret Lender insurance requirements and relay them to our ClientsandtheirAgents, as well as managing timesensitive situations while maintaining positive Client and Agent relationships.
Essential Functions: 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 investorthrough 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 hasthenecessary 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 Directorof Insurance Qualifications Required: 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 Location is flexible Education and Experience: Undergraduate degree in abusiness-relatedfield is preferable Two -five years insurance experience with multifamily policies Insurance Certification preferred Experience with Fannie Mae/Freddie Mac/ HUD preferred #LI | |