Job Classification:

Investment Management - Investment Operations

GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! 

If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What you will do:

PGIM Real Estate Loan Services is seeking a Senior Insurance Analyst who will primarily conduct review of loan documents on all new loans, as it relates to insurance requirements. They will use their excellent communication skills to liaise with borrowers, insurance agencies, 3rd party agencies, and prior servicers for various projects and will work closely with other internal teams to provide outstanding service. 

This team is following a hybrid arrangement and are in the office in Dallas, Texas at least 3 times a week.

What you can expect:

• Notify borrowers of expirations/deficiencies, where insurance does not align with loan documents.
• Audit insurance renewals, completing comparison against the Insurance Module and documents received.
• Obtain evidence of renewal of certificates/policies/policy endorsements.
• Access systems in order update waiver backup, as needed.
• Complete insurance disbursements, as needed.
• Assist Borrowers/Agents re: incoming inquiries involving insurance disputes, insurance requirements, premium payments and cancellation notices.
• Identify loans where expired insurance requires force placed insurance.
• Connect with Asset Management and Servicing, as necessary.
• Assist with Escrow Analysis and Tax payments, as needed.

What you will bring:

• 5+ years of experience with commercial property insurance
• A detailed understanding of loan terms, complex loan documents, capital structures, pooling, investor reporting and servicing agreements, servicing functions, and process flows.
• Proven written/verbal communication, analytical, and problem-solving skills Ability to multi-task and work independently in a time sensitive environment.

What will set you apart?

• Experience with HUD/FHA, Fannie Mae and/or Freddie Mac.
• Property and Casualty Insurance License or other insurance designations.

PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

Prudential Real Estate Loan Services, Inc (“PRELS”) is a subsidiary of PGIM Real Estate and one of the largest commercial and multifamily mortgage servicing firms in the nation. PRELS manages a wide variety of mortgage investments that include Prudential’s General Account, Institutional, CMBS, Fannie Mae, Freddie Mac and FHA loans.  The Company is a rated Primary, Master, and Special Servicer.  PGIM Real Estate is one of the nation’s largest full-service commercial, multi-family and agricultural real estate lenders and has been serving the commercial real estate market for over 125 years.

#LI-Hybrid

#LI-SC1

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level. 

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

• 401(k) plan with company match (up to 4%). 

• Company-funded pension plan. 

• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. 

• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.  

• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certifica