Lockton

Lender Review Consultant (Commercial Insurance Risk)

Lockton • $80K — $95K *
Houston, TX 77084In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in a business-related field or equivalent experience required
  • 3-5 years of insurance industry experience
  • 2+ years as a Lender Review Analyst or similar client service role
  • Possession of a P&C Insurance License
  • Proficient in Microsoft Office Suite (Word, Outlook, Excel, PowerPoint)
  • Exceptional attention to detail and accuracy in calculations
  • Strong organizational and time management skills

Responsibilities

  • Analyze insurance and lending documents to ensure compliance
  • Assess borrower exposure information for lending requirement adherence
  • Evaluate policy terms for adequate coverage checks
  • Draft detailed reports highlighting findings and recommendations
  • Provide coverage advice to clients and brokers
  • Conduct peer reviews of junior associates' reports
  • Lead and participate in departmental meetings

Benefits

  • Opportunities for professional growth and advancement
  • Mentorship opportunities for junior associates
  • Access to extended insurance education resources
  • Dynamic work environment accommodating client visits
Full Job Description
Job Summary:

  • Analyze insurance, lending, corporate documents, as well as contracts and lending requirements.
  • Assess and interpret exposure information from the Client/borrower to ensure all meet lending requirements.
  • Interpret and evaluate policy terms to ensure adequate coverage to meet lending requirements.
  • Author high-quality detailed reports outlining findings, red flags/issues, recommendations and coverages for Real Estate, Real Estate Construction and Corporate Finance transactions.
  • Advise on coverage recommendations to clients, borrowers and outside brokers.
  • Peer review junior-level associate's reports as needed.
  • Mentor and be a resource for junior-level associates as needed.
  • Attend and occasionally lead departmental meetings.
  • Conduct coverage research and collaborate with internal resources, as well as research and understand industry trends.
  • Make a positive contribution to customer satisfaction and constantly strive to improve service to the customer.
  • Service visits to clients may be required.


Requirements:

  • Bachelor's degree in a business-related program preferred or equivalent education and/or experience required.
  • Three to Five plus years of insurance experience.
  • Two plus years as Lender Review Analyst or high-level client service experience in a sales environment.
  • P&C Insurance License.
  • Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint).
  • Strong attention to detail required.
  • High aptitude for accuracy in mathematical calculations.
  • Ability to compile, analyze, and interpret financial information and data to facilitate decision-making.
  • Willingness to expand knowledge and effectiveness in the insurance industry by completing extended insurance education beyond continuing education requirements for licensing.
  • Organizational and time management skills to prioritize workloads to meet time-sensitive deadlines required.
  • Must be results-oriented with the ability to change priorities as needed.
  • Must have strong verbal, written, and interpersonal communication skills to interact with associates at all levels of responsibility, along with the ability to communicate with tact and diplomacy.
  • Stays current on issues impacting the industry by maintaining expertise in a functional area.
  • Ability to work outside of regular business hours as needed.
  • Legally able to work in the United States.

About Lockton

Lockton Companies is the world's largest privately held insurance brokerage firm, providing insurance, risk management, employee benefits and retirement services. The company was founded in 1966 and is headquartered in Kansas City, Missouri. Lockton has more than 7,500 associates in over 100 offices worldwide. The company serves clients in a variety of industries, including construction, healthcare, hospitality, manufacturing, real estate, and technology. Lockton is known for its innovative solutions and exceptional customer service.
Learn more about Lockton
Size
7,500 employees
Industry
Finance & Insurance
Founded
1966
* Ladders Estimates

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