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Insurance Compliance Analyst

Wells Fargo & Co

  • Tysons, VA
  • 3 days ago

    Highlights

    This role is responsible for reviewing insurance documentation, monitoring policy renewals, ensuring compliance with investor and loan-specific requirements, processing insurance exceptions, and supporting the servicing of commercial loan portfolios. The ideal candidate will bring experience in commercial insurance, insurance risk management, insurance compliance, or commercial loan servicing and possess strong analytical skills with the ability to interpret complex insurance and loan documentation.

    Numbers & Facts

    LocationTysons, VA
    IndustryFinancial Services
    Company Size10,000 employees or more
    Year Founded1852

    Description

    Title: Insurance Compliance Analyst

    Location: 1751 & 1753 Pinnacle Dr Mclean, VA

    Duration: 18 months

    Work Engagement: W2

    Work Schedule: 4 days in office/1 day remote

    Benefits on offer for this contract position: Health Insurance, Life insurance, 401K and Voluntary Benefits

    Summary:

    We are seeking a detail-oriented Insurance Analyst to support a commercial real estate insurance compliance initiative focused on investor requirements, including Freddie Mac and Fannie Mae portfolio servicing standards. This role is responsible for reviewing insurance documentation, monitoring policy renewals, ensuring compliance with investor and loan-specific requirements, processing insurance exceptions, and supporting the servicing of commercial loan portfolios.

    The ideal candidate will bring experience in commercial insurance, insurance risk management, insurance compliance, or commercial loan servicing and possess strong analytical skills with the ability to interpret complex insurance and loan documentation.

    Responsibilities:

    • Serve as the primary point of contact for insurance-related questions, coverage requirements, and investor insurance guidelines.

    • Track insurance policy renewals and obtain invoices, paid receipts, and evidence of insurance within required timeframes.

    • Review investor insurance requirements, including Freddie Mac and Fannie Mae guidelines, to establish compliance standards.

    • Analyze loan documents, appraisals, engineering reports, seismic reports, and environmental assessments to identify property-specific insurance requirements.

    • Conduct annual reviews of insurance certificates, policies, statements of values, and invoices to verify compliance with investor and loan requirements.

    • Process insurance waivers and exception requests, including supporting documentation for non-compliant insurance matters.

    • Maintain accurate insurance data within enterprise servicing platforms.

    • Prepare and submit lender and investor reports as required.

    • Develop an understanding of insurance casualty provisions and claims processes.

    • Partner with servicing, operations, and insurance teams to resolve compliance issues and support portfolio servicing activities.

    • Assist front-end servicing and insurance operations teams as needed.

    Qualifications:

    • Applicants must be authorized to work for ANY employer in the U.S. This position is not eligible for visa sponsorship.

    • Experience in commercial insurance, insurance compliance, insurance risk, loan servicing, or a related financial services environment.

    • Knowledge of commercial property insurance coverages, certificates of insurance, policy reviews, and renewal processes.

    • Ability to analyze and interpret loan documentation and investor requirements.

    • Experience reviewing insurance compliance documentation and identifying exceptions.

    • Strong research, analytical, and problem-solving skills.

    • Excellent organizational skills with the ability to manage multiple deadlines and portfolios.

    • Proficiency with Microsoft Office applications, including Excel.

    • Strong written and verbal communication skills.

    • Experience supporting commercial real estate or commercial mortgage portfolios. (preferred)

    • Familiarity with Freddie Mac, Fannie Mae, or other investor insurance requirements. (preferred)

    • Experience with servicing systems or insurance tracking platforms. (preferred)

    • Understanding of insurance claims, casualty provisions, and investor compliance standards. (preferred)

    About Company

    We believe in our vision and values just as strongly today as we did the first time we put them on paper more than 20 years ago. Staying true to them will guide us toward continued growth and success for decades to come. As you read more about our vision and values, you will learn about who we are, where we’re headed and how every Wells Fargo team member can help us get there.