MF Asset Management Prof - Insurance Compliance

Employer
Freddie Mac
Location
McLean, Virginia
Salary
Competitive
Posted
Jan 13, 2021
Closes
Jan 14, 2021
Ref
JR48
Function
Other
Hours
Full Time
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

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! 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 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.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities 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.

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

Job Category:MF Asset Management

FLSA Status:Non-Exempt