Senior Commercial Mortgage Insurance Consultant - Agency/FHA/Balance Sheet
Wells Fargo
Why Wells Fargo:
Are you ready for the next step in your career? This is where it begins – at a company known for our “Well Life” approach to supporting employees’ career aspirations, work-life balance, and mental and physical health. We ranked #2 on the 2023 LinkedIn Top Companies list – and #1 among financial services companies – as the best workplace “to grow your career” in the U.S. We’re especially proud of our tangible, meaningful commitment to diversity, equity, and inclusion in the workplace. When it comes to employees’ financial health, we offer competitive salaries and generous benefits package. Apply today.
About this role:
The Senior Corporate Insurance Consultant is responsible for initiating and responding to communication from customers, insurance agents, external vendors and internal personnel, regarding the insurance coverage on Agency, FHA, and Balance Sheet loans. Learn more about our career areas and lines of business at wellsfargojobs.com.
In this role, you will:
Initiate and respond to communication from customers, insurance agents, external vendors and internal personnel regarding the insurance coverage on loans
Conduct quality assurance reviews and/or analytical document reviews
Review loan data integrity reports, ensuring all procedures are in compliance with agency, internal controls, and company policies
Utilize specific criteria to quality assure and report metric results and feedback on a weekly/monthly basis to management and the team
Identify and present recommendations for procedural modifications to management.
Support management with miscellaneous functions within the Insurance Team
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation, and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Required Qualifications:
4+ years of Corporate Insurable Risk Management, Risk Management Consulting, Property or Casualty Insurance, or Insurance Brokerage experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
4+ years of insurance experience
3+ years of commercial real estate experience
Knowledge and understanding of property and casualty insurance
2+ years of quality assurance experience
Strong attention to detail and accuracy skills
Experience delivering results in a fast-paced, deadline driven environment
Strong organizational, multi-tasking, and prioritizing skills
Outstanding problem solving skills
Customer service experience
Ability to work effectively in a team environment
Ability to lead yourself and lead your team
Ability to take initiative and work independently with minimal supervision in a structured environment
Experience in supporting multiple functions and projects
Process expert-level technical, analytical, and critical thinking skills
Knowledge of Blanket Insurance and multi-layer insurance policies, Self-insured Retention programs
Familiarity with insurance terminology and related loan documents
Posting End Date:
17 Nov 2024*Job posting may come down early due to volume of applicants.
We Value Diversity
At Wells Fargo, we believe in diversity, equity and inclusion in the workplace; accordingly, we welcome applications for employment from all qualified candidates, regardless of race, color, gender, national origin, religion, age, sexual orientation, gender identity, gender expression, genetic information, individuals with disabilities, pregnancy, marital status, status as a protected veteran or any other status protected by applicable law.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in US: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.