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Multifamily Asset Management Professional, Insurance Compliance
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Job Description
At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
Do you have experience dealing with property and casualty insurance? Do you thrive in a dynamic work environment that requires an analytical, consultative approach in support of a very diverse community of internal and external clients? If you have proven experience with commercial insurance risk management and the ability to work with diverse teams as well as independently, then Freddie Mac's Multifamily Insurance Team could be a great fit for your next job opportunity. Apply now to join our team!
Our Impact:
We seek to meet the challenges of an ever-changing commercial insurance market and to set the best standards with our customers in mind.
Your Impact:
Your Work Falls into Three Primary Categories:
Insurance Compliance Review
Review borrower insurance coverage against commercial property and liability standards during loan origination and servicing; make recommendations related to acceptable exceptions
Work closely with Lender representatives in completing coverage evaluations and arriving at the best solutions for customers
Coordinate with capital markets securitization teams in evaluating exceptions to deal representations and warranties
Insurance Team Support
Support day to day management of team workflow and evaluation of priorities
Collect, analyze and report data related to work metrics, company initiatives, as well as insurance market trends
Assist internal and external customers with ad-hoc queries and issues with user technology
Support large initiatives that require rapid data collection and reporting in response to events such as natural disasters or other significant loss occurrences
Support to Multifamily Division Initiatives
Support efforts to evaluate insurance market trends as they relate to Commercial/Multifamily real estate and compliance for new initiatives and updates to Credit Policy
Keep abreast of insurance market trends as they relate to the Multifamily Mortgage Industry, through both technical research and industry contacts
Support updates to Division technology related to insurance data and policy changes
Qualifications:
College degree or equivalent experience related to insurance, risk management, business, or other relevant field
2 to 4 years relevant experience, preferably related to insurance risk management and the commercial/Multifamily mortgage industry
Insurance industry professional designations are a plus, but not required
Proficiency with Microsoft Office suite applications as well as general web-based technologies
Excellent oral and written communication skills
Keys to Success in this Role:
Ability to communicate effectively with representatives from different technical backgrounds
Ability to collaborate effectively across multiple, diverse teams, as well as work independently
Ability to thrive in a fast-paced work environment while maintaining a positive outlook
Knowledge of Mortgage industry business and servicing a plus
Ability to find humor in most situations
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Non-Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $99,000 - $149,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
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Submit 10x as many applications with less effort than one manual application.
