Insurance Analyst - Commercial Real Estate

Location
Baltimore, Maryland
Salary
Compensation based on experience
Posted
Oct 02, 2018
Closes
Oct 26, 2018
Job Type
Full Time

M&T Realty Capital Corporation is a full-service mortgage banking company that specializes in providing competitive financing nationwide for commercial properties, including multifamily, healthcare facilities, office, industrial, retail, and student, senior, and military housing. As a wholly-owned subsidiary of M&T Bank—one of the 20 largest US headquartered commercial bank holding companies—we have direct access to commercial/multifamily mortgage capital markets, and are fully accredited lenders for:

Basic Function:
Provides support to the Commercial Loan Tax and Insurance Unit by ensuring that customer's insurance coverage meets investor requirements. In addition, this position's responsibilities also include ensuring the accuracy and timeliness of insurance premium payments.

Responsibilities:
- Determines borrowers' insurance requirements based on investor guidelines.
- Pays insurance premiums from escrow funds or obtains paid receipts from customers.
- Prepares audits of customers' insurance coverage under supervision of the Insurance Compliance Officer, including completing any necessary limit analyses and drafting of waivers.
- Follows up with Asset Managers regarding customers' insurance issues.
- Follows up with Insurance Agents and Brokers on customers' insurance issues.
- Keeps FICS loan database and department files up to date with current insurance information.
- Performs related routine duties, i.e. copying, filing, correspondence, etc.

Basic Qualifications:
- Bachelors degree or the equivalent in relevant work experience
- Excellent customer service skills
- Minimum 1 year of previous property and casualty experience
- Proficient computer skills including Microsoft Word and Excel
- Demonstrated ability to work as a team member
- Proven attention to detail oriented
- Excellent written and verbal communication skills

Ideal Qualifications:
- Experience with commercial multifamily property and liability insurance

About M&T
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.