What are the responsibilities and job description for the Insurance Policy Collateral Risk, Senior (Remote, VA) position at Freddie Mac?
At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
Are you a collateral risk management professional with deep knowledge of property, casualty and flood insurance markets? If you want to make an impact in the U.S. housing industry at a mission-oriented institution and leader in the housing finance market, come join our Single Family team! Apply now to learn about our excellent benefits and why there's #moreatfreddiemac!
Our Impact:
Single Family’s Collateral Risk Team is responsible for developing innovative collateral risk management offerings and policies by collaborating with industry leaders and across the Freddie Mac enterprise. We support of our mission which serves America's homebuyers, homeowners, and renters by equitably providing liquidity, stability and affordability to the housing market.
Your Impact:
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $104,000 - $156,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
Position Overview:
Are you a collateral risk management professional with deep knowledge of property, casualty and flood insurance markets? If you want to make an impact in the U.S. housing industry at a mission-oriented institution and leader in the housing finance market, come join our Single Family team! Apply now to learn about our excellent benefits and why there's #moreatfreddiemac!
Our Impact:
Single Family’s Collateral Risk Team is responsible for developing innovative collateral risk management offerings and policies by collaborating with industry leaders and across the Freddie Mac enterprise. We support of our mission which serves America's homebuyers, homeowners, and renters by equitably providing liquidity, stability and affordability to the housing market.
Your Impact:
- Identifying, monitoring, and managing insurance risks associated with Single Family homes, condominiums, and cooperative projects.
- Performing research and supporting development of new or revised insurance related policies and offerings.
- Working on policies and projects engaging multiple partners across Freddie Mac and the industry to identify, develop and implement solutions to complex issues pertaining to project eligibility.
- Staying abreast of changes, opportunities, and emerging risks related to hazard and flood insurance.
- Performing risk assessment of individual condominium and cooperative projects to determine if the projects comply with Freddie Mac insurance policies
- College Degree or equivalent experience; advanced studies/degree preferred
- Typically has 5 - 7 years related experience
- 5 years of related professional experience in insurance underwriting and risk management
- 1 year experience with an emphasis on commercial and condominium and cooperative projects
- Familiarity with Government Sponsored Enterprises (GSE) condominium and cooperative project and insurance requirements preferred
- Proficiency with the Microsoft Office Suite
- Proven experience in risk management; and in-depth understanding of condominium and cooperative projects, how they operate and associated risks
- Ability to effectively and independently manage multiple projects concurrently
- Excellent verbal and written communication skills capable of succinctly presenting complex subject matter
- Ability to facilitate group discussions and build relationships
- Stay current on policies and regulations that may affect the condominium and cooperative and insurance markets and be comfortable with transition and change
- Proven experience operating at high standards of quality and accuracy within a fast-paced changing environment
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $104,000 - $156,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
Salary : $104,000 - $156,000
