Senior Insurance Analyst

Position Summary:  The Senior Insurance Analyst reports to the Vice President, Loan Servicing. The Senior Insurance Analyst manages projects serviced by HDC; the Insurance Analyst is the main contact for any interaction with the Insurance Brokers and Managing Agents. This role will evaluate Insurance escrow accounts for proper funding and timely payments on behalf of the borrower and various other responsibilities assigned.  Area of Talent:    Finance & Insurance  Position Type:     Full Time/Exempt Salary Range:      $80,000 - $90,000  Office Location:  NYC/Financial District  Job Responsibilities: 

• Reviews insurance certificates for property, liability, boiler and machinery, umbrella, fidelity, and other types, when necessary, on HDC and HPD properties
• Coordinates and processes insurance claims and on-site inspections if needed
• Legal/Development consultant regarding insurance questions and review of initial coverage
• Advise on insurance market trends and assist in formulating insurance coverage types, limits and deductibles for HDC’s portfolio.
• Reviews, pays insurance premiums, performs escrow analysis
• Updates ratings on Insurance Carriers using AM Best
• Monitors Mortgage Insurance Premiums to ensure HDC has the information required and approves payments for HUD, SONYMA, and REMIC

 Required Qualifications: 

• A Bachelor’s Degree from an accredited college in a related field such as finance, accounting, economics, or real estate finance
• 5+ years of experience with Property & Liability Insurance
• Familiar with HUD, FannieMae, and SONYMA a plus
• Certified Professional Insurance Agent a plus

 Preferred Qualifications: 

• Licensed – Property & Casualty Insurance

 It is strongly preferred that you submit a cover letter with your resume. You may also fax your resume and cover letter to (212)227-6816. All HDC hires must be vaccinated against the COVID-19 virus unless they have been granted a reasonable accommodation for religion or disability.  If you are offered employment, this requirement must be met by your date of hire, unless a reasonable accommodation for exemption is received and approved by HDC.   HDC demonstrates a strong commitment to its employees by providing a salary that is competitive and commensurate with experience and excellent benefits, including:  

• Health Benefits at a reasonable cost
• Dental and Vision Benefits at no cost
• Retirement savings plan with a generous match and a  pension plan
• Paid holiday, vacation, sick time and parental leave
• Professional development opportunities 
• Public Service Loan Forgiveness for eligible employees 
• Wellness reimbursement 
• Back-up Caregiver Benefit

HDC is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.  HDC is committed to the full inclusion of all qualified individuals. As part of this commitment, HDC will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please complete the reasonable accommodations section on the application or contact Human Resources by emailing jobs@NYCHDC.com.