What are the responsibilities and job description for the PGIM Real Estate-Senior Tax and Insurance Servicing Specialist (Hybrid/Dallas, TX) position at PGIM?
Job Classification :
Investment Management - Investment Operations
A 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 and Tax Servicing Specialist 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, however we are open to considering remote candidates with significant commercial insurance servicing experience.
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 3rd party / Agency 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 :
What will set you apart?
About PGIM Real Estate :
PGIM Real Estate is one of the largest Real Estate managers in the world and 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. We cover RE Debt, Equity, Agriculture, Public REIT securities, Defined Contribution, Private Equity, Impact Investing, Senior Housing and Mexico Industrial.
PGIM Real Estate strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. Our scope of insights, rigorous risk management and seamless execution are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing and the deep local expertise of professionals in 32 cities globally.
Through our investment, financing, asset management and talent management approach, we engage in practices that ignite positive environmental and social impact, while pursuing activities that strengthen communities around the world. When you join our team, you'll find yourself inspired by an inclusive company culture that believes that diversity of all kinds allows us to develop better and more innovative solutions for our clients.
Prudential Real Estate Loan Services, Inc ("PRELS") is a subsidiary of PGIM Real Estate. 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.
What we offer you :
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Salary : $1,600
