Commercial Insurance Risk and Compliance Lead Associate (Open to Remote)
- Full-time
- Target Hiring Range (1): 119000
- Target Hiring Range (2): 155000
Company Description
At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.
Job Description
As a valued colleague on our team, you will contribute to assessing and identifying potential insurance risks that may threaten the reputation, safety, security, and/or the financial success of Fannie Mae. In this role, you will collaborate with internal and external stakeholders and external insurance industry experts to apply your extensive knowledge of insurance principles to minimize insurance-related risks, as well as support policy development for insurance risk. You will help develop and manage insurance requirements for multifamily properties and solve, sometimes, complex insurance-related problems. You will apply technical understanding of insurance principles, underwriting practices, and laws - both state and federal. You may be asked to lead projects as needed and mentor and coach less experienced team members.
THE IMPACT YOU WILL MAKE
The Commercial Insurance Risk and Compliance Lead Associate role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:
- Serve as a Subject Matter Expert for Insurance and must research, identify, and analyze insurance market data trends and report on those findings; determine property and liability risks, controls, and appropriate mitigants associated with waiver requests; new and post purchase loans.
- Provide professional verbal and written responses and feedback to questions, requests, and challenging insurance matters for internal and external stakeholders at various levels.
- Train stakeholders on Fannie Mae insurance requirements.
- Audit lender and servicers insurance compliance practices.
- Partner with internal and external customers providing exceptional service.
- Coach and mentor team Associates.
- Assist Manager or Advisor as needed.
Qualifications
THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experience
- 4 years relevant experience
Desired Experience
- Bachelor’s degree or equivalent
- Insurance Industry experience – Commercial preferred (or 8 years insurance compliance account management, or Team Lead).
- Proficient knowledge and understanding of insurance principles, risk analysis and controls.
- Insurance industry designations or Property & Casualty License a plus.
- Knowledge of mortgage finance industry (GSE, Lender, Servicer).
- Leader and collaborator.
- Independent thinker and decision maker.
- Ability to work independently with little supervision.
- Analytical thinker.
- Must be able to multitask.
- Excellent communication skills (negotiate, influence, conflict resolution).
- Public speaking.
- Excel, Microsoft Word, PowerPoint, SharePoint
Additional Information
Multifamily Risk - Asset Management - Lead Associate / REF13405S
The future is what you make it to be. Discover compelling opportunities at careers.fanniemae.com.
Fannie Mae is a flexible hybrid company. We embrace flexibility for our employees to work where they choose, while also providing office space for in-person work if desired. At times, while business need may call for on-site collaboration, which means proximity within a reasonable commute to your designated office location is preferred unless job is noted as open to remote.
Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at [email protected].
The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee’s physical, mental, emotional, and financial well-being. See more here.