NorthMarq Capital is Hiring a Commercial Insurance Specialist I - Commercial Real Estate Finance Near Minneapolis, MN

Commercial Insurance Specialist I - Commercial Real Estate Finance

Northmarq - Minneapolis, MN (Bloomington, MN)

NORTHMARQ - WHERE THE BEST COME TO THRIVE

Northmarq is entering a new era, and a landmark career opportunity is waiting for you. Northmarq is independent, and fiercely so, with the freedom to do things the right way. To hire the very best. To give them the resources to thrive. We do it because that’s what we believe. Northmarq is not held back by principles, we’re propelled by them. We and our clients are growing fast because we’re providing something rare and valuable: easy access to the industry’s best talent, an agile and collaborative style, and vast resources to execute flawless deals for our clients and partners. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!

Due to fast business growth, Northmarq is hiring a Commercial Insurance Specialist Ito join its Servicing department in the Minneapolis, MN (Bloomington) headquarters office. This position requires a deadline driven, organized and detail minded individual who would be responsible for commercial insurance compliance, ensuring minimized risk to select investor portfolios. They will interact daily with internal and external customers, working to achieve customer satisfaction while communicating the investor requirements and/or potential insurance risk. Focus will be on developing an understanding of commercial insurance terminology, gaining proficiency in the management of an assigned portfolio, and consistent attention to detail and accuracy in all job responsibilities. Additional responsibilities may be added to adapt to company growth.

Position Responsibilities:

Plan and schedule own workload to most efficiently meet benchmarks, prioritizing according to risk and urgency with manager assistance.
Conduct due diligence of loan documents to ensure proper loan setup and servicing of the loan.
Audit insurance certificates to ensure conformity with investor and company regulations at renewal to ensure proper policy performance and compliance.
Achieve a strong understanding of insurance policy and commercial mortgage terminology.
Provide premier customer service to investors, borrowers, agents and other Northmarq staff.
Identify potential risk for the company and the investor, and promptly escalate to the appropriate parties in accordance with company procedures.
Reach prompt and satisfactory resolution of insurance non-compliance, or other issues. Work with leadership to research, communicate, and resolve issues timely.
Maintain and update commercial mortgage insurance and loan servicing system files.
Monitor and update monthly loan reports utilized by investors and management to analyze potential risk.
Process select loan events timely for the Insurance Department.
Assist with the Commercial Insurance Coordinator position tasks, as needed.
Provide overflow support and perform other reasonable tasks/projects for the Insurance Department, as needed.

What We're Looking For:

Associate or Bachelor’s degree preferred; preference for insurance related industry designations and/or transferrable experience.
1 to 3 years of office experience; Insurance or Mortgage Loan experience preferred.
Familiar with insurance and commercial mortgage terminology
Strong knowledge of Microsoft Office
Customer service oriented
Strong organizational skills with the ability to handle multiple tasks, assignments and prioritize to meet deadlines
Strong oral and written communication skills
Ability to work both independently and within a team, with minimal supervision
Ability to identify and analyze risk
Problem-solving skills to reflect level of responsibilities
Attention to detail and accuracy required
Ability to maintain positive attitude in all situations

Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!