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Commercial Underwriting Coordinator

Commercial Underwriting Coordinator

CompanyHUB
LocationIrving, TX, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelJunior

Requirements

  • Must be a self-starter with ability to prioritize and time-manage while working in a fast-paced environment.
  • Creative and imaginative problem-solving abilities with a strong desire to create win-win situations.
  • Strong drive to investigate, gather information, and apply analytical skills for informed decision-making.
  • Excellent written and verbal communication skills.
  • Experience in commercial underwriting property insurance or related product or service, is a plus.
  • Familiarity with financial services products, methods, and coverage is a plus.

Responsibilities

  • Conduct thorough research and data analysis to support informed commercial underwriting recommendations.
  • Assist the commercial underwriting workflow to ensure timely progression of applications, from initial submission through final approval, adhering to deadlines and quality standards.
  • Review documents and data for accuracy and compliance with underwriting guidelines, highlighting any discrepancies or concerns for resolution.
  • Address inquiries from clients and agents regarding the underwriting process, providing guidance or redirecting them to the appropriate team members for more detailed information.
  • Generate and distribute regular reports on underwriting statuses, outstanding tasks, and relevant metrics, ensuring all parties stay informed on key timelines and requirements.
  • Gain familiarity and knowledge of loan servicing operations, including collateral management, insurance requirements, and escrow responsibilities.
  • Develop and maintain knowledge for Mortgage Protection Insurance for lender-placed and REO risks, tracking and reporting self-service clients through iPol and variant or modified exposure-only programs.
  • Assess incoming inquiries and escalating advanced or urgent matters to the Supervisor, Management, and/or HFS IT Staff as necessary.

Preferred Qualifications

  • Experience in commercial underwriting property insurance or related product or service, is a plus.
  • Familiarity with financial services products, methods, and coverage is a plus.