Commercial Underwriting Coordinator

GENERAL DESCRIPTION (SUMMARY, SCOPE, PURPOSE)

About HUB In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world’s largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected — through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep and one-of-a-kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.

HUB Financial Services is a part of HUB International. HUB Financial Services stands out as an industry leader in effectively managing lending risk associated with loan-level collateral for financial institutions. Whether you’re dealing with real estate owned, residential real estate, commercial real estate, auto, watercraft, RV, powersport, or equipment portfolios, our outsourced insurance tracking, blanket, and impairment programs are designed to address lending risk comprehensively. Our commitment to tailoring solutions means we create a unique strategy for each client and portfolio.

The Commercial Underwriting Coordinator provides essential support to the underwriting team by

coordinating commercial underwriting processes through thorough research and data gathering. Ensuring efficient workflow management and maintain timely, clear communication with key stakeholders. Committed to facilitating smooth underwriting operations through meticulous record-keeping and contributing to high-quality underwriting solutions that align with client needs and business goals.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Conduct thorough research and data analysis to support informed commercial underwriting recommendations.
• Assist the commercial underwriting workflow to ensure timely progression of applications, from initial submission through final approval, adhering to deadlines and quality standards.
• Review documents and data for accuracy and compliance with underwriting guidelines, highlighting any discrepancies or concerns for resolution.
• ·Address inquiries from clients and agents regarding the underwriting process, providing guidance or redirecting them to the appropriate team members for more detailed information.
• Generate and distribute regular reports on underwriting statuses, outstanding tasks, and relevant metrics, ensuring all parties stay informed on key timelines and requirements.
• Gain familiarity and knowledge of loan servicing operations, including collateral management, insurance requirements, and escrow responsibilities.
• Develop and maintain knowledge for Mortgage Protection Insurance for lender-placed and REO risks,
• tracking and reporting self-service clients through iPol and variant or modified exposure-only programs.
• Assess incoming inquiries and escalating advanced or urgent matters to the Supervisor, Management, and/or HFS IT Staff as necessary.
• Generate and distribute regular reports on underwriting statuses, outstanding tasks, and relevant metrics, ensuring all parties stay informed on key timelines and requirements.
• No supervisory responsibilities

The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned by management, including work in other functional areas to cover absences, equalize peak work periods or otherwise to balance the workload.

MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:

• Must be a self-starter with ability to prioritize and time-manage while working in a fast-paced
• environment.
• Creative and imaginative problem-solving abilities with a strong desire to create win-win situations.
• Strong drive to investigate, gather information, and apply analytical skills for informed decision-making.
• Excellent written and verbal communication skills.
• Experience in commercial underwriting property insurance or related product or service, is a plus.
• Familiarity with financial services products, methods, and coverage is a plus.
• Skills assessment may be required prior to an interview.

LICENSING OR CERTIFICATION REQUIREMENTS

None required

PHYSICAL DEMANDS

Work Location: In-office, with the opportunity to work from home 2 days a week after the 90-day new hire probationary period.

Benefits:

• HSA and PPO Medical plans available th