What are the responsibilities and job description for the Insurance Administrator position at Balanced Body?
Position Summary
The Insurance Administrator will coordinate with the Finance and Acquisitions teams to provide Lenders with compliant insurance evidence. They will be responsible for maintaining policy documents and portfolio information, playing a vital role in insurance renewals and administration within the Risk Management department. A successful Insurance Administrator is able to manage their time effectively, is detail oriented, a trustworthy team player, and takes pride in their work. In addition, the associate needs to be accountable and attentive to provide excellent customer service skills when interacting with residents, associates and vendors.
Primary Responsibilities
The Insurance Administrator will coordinate with the Finance and Acquisitions teams to provide Lenders with compliant insurance evidence. They will be responsible for maintaining policy documents and portfolio information, playing a vital role in insurance renewals and administration within the Risk Management department. A successful Insurance Administrator is able to manage their time effectively, is detail oriented, a trustworthy team player, and takes pride in their work. In addition, the associate needs to be accountable and attentive to provide excellent customer service skills when interacting with residents, associates and vendors.
Primary Responsibilities
- Respond to Lender insurance requests for refinances, acquisitions, dispositions, and insurance renewals
- Manages bond requests and coordinates the issuance of bonds with the insurance company
- Manages certificate of insurance requests
- Maintains a database of insurance and property information
- Maintains a database of vehicle and driver information
- Gathers and submits information to insurance brokers for insurance renewals
- Participates in the allocation of insurance premiums and coordinates with Accounting Department to pay insurance premium invoices
- Tracks and obtains return premiums and coordinates with Accounting Department to deposit refund checks
- Coordinates the placement of insurance coverage or insurance cancellation for newly acquired or sold properties
- Coordinates the placement of insurance coverage for construction projects
- Manages other insurance administration requests received by Risk Management
- 3 years of experience related to commercial real estate insurance/lending
- Previous experience in commercial real estate or mortgage banking required
- Previous insurance experience required
- Previous office administrative experience preferred
- A high level of integrity, confidentiality, and professionalism
- Excellent organizational, time-management, interpersonal, and communication skills
- Strong attention to detail with the ability to manage multiple projects effectively and meet deadlines
- Ability to establish and maintain effective working relationships with vendors, customers and co-workers
- Strong work ethic, positive attitude, and sound judgment
- Proactive approach to learning, problem-solving, and asking questions
- Experienced in Microsoft products required (Word, Excel, PowerPoint and Outlook)
- Ability to work in a fast-paced environment with strong motivation to learn & contribute on a daily basis
- Able to give professional directions clearly in person, over the phone, email, and text
- Follow Weidner's Mission, Vision and Values and comply with all Weidner policies and procedures as well as all Fair Housing, local, state/province, and federal laws
- Prompt, regular attendance; wear company dress code / uniform & maintain professional appearance at all times
- Work effectively and cooperatively in a team environment and/or independently
- Ability to work outside of normal scheduled hours, when necessary
- Ability to work 5 days a week in the Kirkland home office
- Must agree to a criminal background check and sign an agreement for voluntary drug testing
- Valid and current driver's license, vehicle and vehicle insurance
