Insurance Specialist

  • Full-Time
  • Pasadena, CA
  • Sabal Capital Partners
  • Posted 3 years ago – Accepting applications
Job Description

Sabal Capital Partners (SCP) is a nationwide wholesale small balance commercial real estate mortgage company. SCP provides permanent and bridge debt solutions for commercial real estate for agency, capital markets and balance sheet execution through its highly specialized wholesale lending platform. SCP sources loans through correspondent agreements with brokers and banks. SCP is a fully integrated platform including a rated commercial servicing operation to manage all loans it originates.

The SCP Freddie Mac Term Lending division offers financing for stabilized small balance multifamily real estate properties nationwide. SCP’s program is a wholesale platform supported by key strategic relationships with well-established mortgage brokerage firms. As a leading nationwide non-bank lender, SCP’s program offers a fresh alternative to traditional regulated lenders by providing borrowers with a streamlined commercial real estate centric approach to the small balance market. SCP’s process is supported by leading edge proprietary, fully integrated lending technologies that provide borrowers and brokers an unparalleled lending experience from quote to close.

SCP is seeking an individual to work in the Commercial Servicing Department. The Insurance Specialist will handle all commercial property insurance job functions. This individual should be able to conduct all servicing and insurance related transactions with a high level of accuracy. This individual must have a good loan system knowledge, preferably PLM, along with excellent communication skills.
RESPONSIBILITIES
The Insurance Specialist will have the following duties and responsibilities, including but not limited to:

  • Review Insurance policies at time of renewal to confirm compliant coverage is in place based on investor’s insurance requirements.
  • Preform reviews of insurance certificates, policies, statement of values and invoices to determine compliance with Investor guidelines.
  • Work with insurance agents/brokers and borrowers to rectify non-compliant coverage issues.
  • Disburse escrow funds for timely payment of insurance premiums.
  • Perform annual insurance escrow analysis.
  • Monitor insurance premium funds for shortages and contact borrowers as appropriate.
  • Timely and accurately board new loans into the servicing system as it pertains to insurance escrow items.
  • Research and resolve insurance related borrower inquiries.
  • Identify and communicate insurance related issues and trends.
  • Follow-up on insurance exception items within specified time frames.

PROFESSIONAL EXPERIENCE/QUALIFICATIONS

  • ARM, CPCU, AINS, CISR, CIC, or similar certifications preferred.
  • Accuracy oriented with strong sense of urgency and focus on customer experience.
  • 2-3 years of insurance, including commercial property insurance experience.
  • Clear knowledge of Commercial Insurance Coverage –Property, (including Flood, Wind, Earthquake and Terrorism, etc.) and liability.
  • Excellent oral communication and customer service skills.
  • Strong math and analytical skills with proficiency in Excel and Word.
  • Demonstrated business and professional writing skills are a must.
  • Ability to work independently and responsibly with little supervision and instruction, but also work well in a team-oriented environment.
  • Microsoft Office proficient.
  • Strong analytical skills with high attention to detail and accuracy.
  • Strong organizational, time management, and prioritizing skills.
  • Ability to work in a fast-paced environment with strict deadlines.

At SCP, you can have a rewarding career on every level. In addition to challenging and meaningful work, you will have the chance to have an impact on the future direction of the company by interacting directly with SCP’s senior management team. Our culture of innovation, drive, growth and entrepreneurship, means your ideas on how to improve our business will be a key component on our future growth as a successful business franchise. At SCP, we embrace a team oriented, collegial, and “can do” approach that rewards employees based on the success of the overall business and individual contributions.

Job Type: Full-time

Pay: $22.00 - $26.00 per hour

Benefits:

  • 401(k)
  • Dental insurance
  • Disability insurance
  • Employee discount
  • Health insurance
  • Life insurance
  • Paid time off
  • Vision insurance

Schedule:

  • Monday to Friday

Supplemental Pay:

  • Bonus pay

Experience:

  • insurance, including commercial property insurance: 3 years (Required)

License/Certification:

  • ARM, CPCU, AINS, CISR, CIC, or similar certification (Preferred)

Benefit Conditions:

  • Waiting period may apply

Work Remotely:

  • Temporarily due to COVID-19
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