AVP Insurance Compliance & Loan Servicing Job at Newmark, Lower Gwynedd, PA

L0xhOHFXdGZuZTRKQTFlczZNajFDaDJhU1E9PQ==
  • Newmark
  • Lower Gwynedd, PA

Job Description

Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ended December 31, 2023, Newmark generated revenues of approximately $2.5 billion. As of June 30, 2024, Newmark’s company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.

Performs various tasks within the insurance compliance team to ensure that all investor and/or lender insurance requirements have been met or effectively mitigated, as well as works as a subject matter expert to manage waiver creation and submission when compliance is not possible.

Essential Duties and Responsibilities:

  • Facilitate borrower compliance with lender/investor insurance requirements on all loans assigned.
  • Work with insurance agents, brokers, borrowers, lenders, as well as internal deal team to gather required insurance documents necessary for full compliance review on assigned portfolio.
  • Routinely Interpret various 3rd party reports relating to the property condition, property characteristics, property exposures such as Appraisals, Zoning reports, Seismic Studies, Phase I/II, Physical Needs Assessments, Flood determinations, Catastrophic Event Modeling, insurance certificates and full insurance policies.
  • Prepare thorough and accurate insurance compliance assessments, documenting and uploading complete review in accordance with investor/lender requirements.
  • Create and present detailed written analysis to management when compliance is not able to be met, this also includes blanket exposure concentration analysis.
  • Assists with the development and updates of department Policy and Procedures.
  • Maintains data integrity by managing servicing system information timely and accurately.
  • Deliver high level of personal attention to each transaction, responding timely to internal and external customer communications.
  • Meet annual training obligations to remain educated on insurance provisions, industry, regulations, and pertinent legislation.
  • Initiates and participates in system enhancement design and testing, as well as providing feedback on policy and procedure updates.
  • Assist with special projects and additional duties as assigned by management.

Core Competencies:

  • High school diploma or GED certificate required, postsecondary degree in related field, preferred.
  • 5-7 years of Commercial Property and Casualty Insurance required; State issued, valid insurance license, preferred.
  • 3-5 years of Commercial Mortgage Servicing experience, desired.
  • Clear and demonstrated knowledge of Commercial Insurance Coverage including, but not limited to Property-including all perils, General Liability, Professional Liability, Excess/Umbrella Liability, Auto, Fidelity/Crime.
  • Must have exceptional research and analytical skills, attention to detail, judgement, and ability to resolve and negotiate complex issues.
  • Ability to thoroughly review and interpret legal contracts such as loan documents and insurance policies.
  • Ability to work independently and self-prioritize workflow in a high volume/deadline driven environment.
  • Ability to effectively train and oversee new team members.
  • Must have excellent written and verbal communication skills and effectively be able to navigate communications via virtual settings, phone calls, and emails.
  • Advanced computer skills, including MS Excel, Word, Adobe, Outlook, and Teams.

Working Conditions: Normal working conditions with the absence of disagreeable elements.

Note : The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

Job Tags

Local area,

Similar Jobs

Sky Jet Services

Helicopter Captain Pilot Job at Sky Jet Services

 ...Were hiring a Helicopter Captain Pilot to join our H145 air ambulance team. This is your chance to fly life-saving missions and make a real impact while advancing your aviation career. What Youll Do: Fly the H145 in HAA operations under IFR/NVG. Follow PHI... 

Comprehensive Community Health Centers Inc.

PATIENT MONITORING NAVIGATOR Job at Comprehensive Community Health Centers Inc.

 ...split between North Hollywood and Sunland clinics* PATIENT MONITORING NAVIGATOR JOB SUMMARY In coordination with the healthcare...  ...23 - $25/hour PATIENT MONITORING NAVIGATOR BENEFITS: ~ Medical, Dental and Vision 100% paid by Employer ~ Life Insurance... 

Malone Healthcare - Nursing

Travel Respiratory Therapist Job at Malone Healthcare - Nursing

 ...Job Description Malone Healthcare - Nursing is seeking a travel Respiratory Therapist for a travel job in Marquette, Michigan. Job Description & Requirements ~ Specialty: Respiratory Therapist ~ Discipline: Allied Health Professional ~ Start Date: 08/09/... 

Christus Health

LPN - Clinics - Full-Time Job at Christus Health

 ...routine forms.Attends/completes required meetings and in-service training and performs other duties as assigned.Requirements:CERTLVN License in state of employment or compactBLSWork Type: Full TimeEEO is the law - click below for more information: We... 

Health Advocates Network - Nursing

Travel Operating Room Circulator Registered Nurse - $2,298 per week Job at Health Advocates Network - Nursing

 ...Health Advocates Network - Nursing is seeking a travel nurse RN OR - Operating Room for a travel nursing job in Havre, Montana....  ...: 8 hours, rotating ~ Employment Type: Travel RN OR Circulator Registered Nurse - Health Advocates Network isurgently hiring...