Insurance Compliance Analyst

About Us:
The Community Preservation Corporation (CPC) believes stable and sustainable affordable housing is the foundation of strong communities and we strive to contribute to comprehensive neighborhood revitalization through our lending and partnerships. A nationally recognized leader in affordable housing finance, CPC has provided a consistent source of capital to underserved housing markets throughout New York State since our inception in 1974.
Today, CPC stands as the largest CDFI solely committed to investing in multifamily housing, having invested more than $15 billion to finance the creation and preservation of more than 230,000 units of quality housing in neighborhoods across New York State and beyond. CPC has a robust construction lending platform, a mortgage bank, and equity and impact investment platforms that focus on our three goals: Expanding Affordable Housing, Closing the Racial Wealth Gap and Investing in the Green Economy.
As a member of our team, you'll have the opportunity to work on impactful projects that make a real difference in people's lives. We're looking for talented individuals who are passionate about our mission and share our values of commitment, respect, excellence, accountability, and collaboration.
Role Summary:
The Insurance Compliance Analyst will analyze and monitor insurance coverage placement in accordance with CPC and Investor guidelines for CPC's commercial real estate loan portfolio. This role will assist borrowers in acquiring appropriate coverage based on loan-level specific exposures that support CPC's mission of transforming underserved neighborhoods into thriving and vibrant communities.
What You'll do:

• Communicate regularly with borrowers and insurance agents to obtain evidence of required insurance coverage within established timeframes
• Perform compliance reviews of insurance certificates and policies and work with internal and external stakeholders to ensure insurance requirements are met
• Maintain accurate, up-to-date insurance data in the servicing systems for all assigned loans
• Assist in gathering insurance information needed for lender and internal audits
• Work with senior team members on insurance waiver and exception request submissions for non-compliant insurance issues
• Take on challenges, acknowledge growth opportunities, and demonstrate patience when learning new processes
• Perform other administrative duties and tasks, as assigned

Skills and Experience

• BA/BS required with 1+ years' experience in the property and casualty insurance industry preferred. (e.g. CRE Portfolio Administrator, CSR, Account Manager, Underwriter Assistant, Processor, etc.,)
• Experience in loan documentation and agency guidelines preferred
• Familiarity using financial institution software, e.g., McCracken Strategy
• Strong interpersonal skills, accuracy with numbers, ability to multi-task and attention to detail
• Exhibit self-motivation and ability to multi-task whether working independently or on a team

What We Offer:

• Competitive compensation
• 401(k) retirement plans with employer match
• Medical, dental, and vision benefits for employees and their dependents
• Commuter benefits
• PTO for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability
• Tuition assistance program
• Two "work from anywhere" weeks per year
• Summer Fridays
• Collaborative working spaces
• Service days to support our communities
• Employee development and engagement events
• More about our offerings and culture here

This is a full-time, hybrid role where you will work from the Manhattan office two - three days a week. The salary range is $60,000 - $75,000, dependent on experience.
The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.