National Equity Fund, Inc. (NEF), a leading non-profit syndicator of low-income housing tax credits (LIHTC), is seeking an Insurance Risk Analyst to conduct a wide range of new business initiatives. The LIHTC program is the most important resource available today for creating affordable housing in the United States. NEF uses its extensive experience, talent, and resources to create sustainable affordable housing.
The Insurance Risk Analyst will assist Managing Director of Insurance and Risk Management in the day-to-day tasks in the insurance risk management department.
Essential duties:
Effectively lead and manage the insurance due diligence closing process to ensure that our third-party insurance consultant completes insurance reviews promptly, aligning with lender target deadlines, dry closing dates, and final closing dates.
Accurately review certificates of insurance within our portfolio to ensure compliance with investor insurance requirements and be able to identify policy exceptions and process waiver requests.
Collaborate with internal departments, insurance consultants, and sponsor partners to address and resolve any issues or discrepancies related to insurance.
Assist with the corporate insurance program renewal, check the binders and insurance policies for accuracy, prepare insurance coverage summaries, and track and follow up on all correspondence and supporting documents relating to the corporate insurance program.
Handle equity disbursement requests requiring insurance risk management sign off.
Input project-level insurance coverage and claim information into SMT.
Track and follow-up with project-level general partners on the submission of required insurance documentation.
Conduct random quality control exercises with SMT and TrustLayer databases to ensure accuracy of data.
The ideal candidate:
3-5 years of commercial property and casualty insurance experience, preferably with managing accounts or providing support with managing accounts.
Extensive knowledge of Commercial Insurance Coverage – Property (including Builder’s Risk, Earthquake, Flood, Terrorism, and Wind), General Liability, Auto, Crime/Fidelity, Worker’s Compensation, Professional Liability and Umbrella/Excess Liability Insurance.
Ability to interpret insurance policies, Acord Certificates of Insurance, and non-Acord Certificates of Insurance to determine insurance coverage types, limits, deductibles, and exclusions.
Strong attention to detail and thorough approach to analyzing data and insurance coverage information.
Ability to work in high volume/deadline driven environment, with strong ability to prioritize workload.
Working knowledge with various computer programs, primarily Windows applications and database functions.
Proactive individual with a strong initiative and ability to work independently and as part of a team.
Excellent problem-solving skills; must be proactive and think ahead to solve problems.
Superior customer service and responsive to the needs of internal and external customers.
Project management skills.
We offer a competitive salary, along with a comprehensive benefits package.