Lender Review Consultant (Commercial Insurance Risk)
Required skills
- Commercial Insurance Risk
- Lending Requirements
- Policy Terms
- Coverage
- Real Estate
- Real Estate Construction
- Corporate Finance
- Financial Information
- Mathematical Calculations
- Microsoft Office Suite
Nice to have
- Sales Environment
- Industry Trends
- Customer Satisfaction
- Service Improvement
- Extended Insurance Education
Role summary
The Lender Review Consultant (Commercial Insurance Risk) will analyze insurance, lending, and corporate documents, including contracts, to assess and interpret exposure information and policy terms, ensuring they meet lending requirements. This role involves authoring detailed reports with findings, red flags, and recommendations for Real Estate, Construction, and Corporate Finance transactions. The consultant will advise clients, borrowers, and brokers on coverage, peer review junior associates' reports, and mentor junior staff. Responsibilities also include conducting coverage research, understanding industry trends, and contributing to customer satisfaction. A Bachelor's degree or equivalent experience, 3-5 years of insurance experience, 2+ years in lender review or high-level client service, and a P&C Insurance License are required.
- Analyze insurance, lending, corporate documents, as well as contracts and lending requirements.
- Assess and interpret exposure information from the Client/borrower to ensure all meet lending requirements.
- Interpret and evaluate policy terms to ensure adequate coverage to meet lending requirements.
- Author high-quality detailed reports outlining findings, red flags/issues, recommendations and coverages for Real Estate, Real Estate Construction and Corporate Finance transactions.
- Advise on coverage recommendations to clients, borrowers and outside brokers.
- Peer review junior-level associate’s reports as needed.
- Mentor and be a resource for junior-level associates as needed.
- Attend and occasionally lead departmental meetings.
- Conduct coverage research and collaborate with internal resources, as well as research and understand industry trends.
- Make a positive contribution to customer satisfaction and constantly strive to improve service to the customer.
- Service visits to clients may be required.
- Bachelor’s degree in a business-related program preferred or equivalent education and/or experience required.
- Three to Five plus years of insurance experience.
- Two plus years as Lender Review Analyst or high-level client service experience in a sales environment.
- P&C Insurance License.
- Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint).
- Strong attention to detail required.
- High aptitude for accuracy in mathematical calculations.
- Ability to compile, analyze, and interpret financial information and data to facilitate decision-making.
- Willingness to expand knowledge and effectiveness in the insurance industry by completing extended insurance education beyond continuing education requirements for licensing.
- Organizational and time management skills to prioritize workloads to meet time-sensitive deadlines required.
- Must be results-oriented with the ability to change priorities as needed.
- Must have strong verbal, written, and interpersonal communication skills to interact with associates at all levels of responsibility, along with the ability to communicate with tact and diplomacy.
- Stays current on issues impacting the industry by maintaining expertise in a functional area.
- Ability to work outside of regular business hours as needed.
- Legally able to work in the United States.
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