CRE Lending Insurance Risk Director

Berkadia; Chevy Chase (MD); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Monthly volunteer hours and donation-m

Employee Resource Groups

Fertility and family planning services

Up to 12 weeks paid parental leave

Mental health care and counseling

Tuition reimbursement

Pet insurance discounts

Job summary

Berkadia seeks a Director of Lending Insurance Risk to provide expert guidance on complex insurance matters across underwriting, mortgage banking, and closing teams. You will shape coverage strategies, evaluate risk-transfer options, and ensure agency compliance for multifamily lending transactions.

In this role, you’ll partner with cross-functional teams, review consultant analyses, and mentor staff on industry best practices while staying ahead of market and agency changes that impact our

Qualifications

• 8–15+ years of progressively responsible experience in CRE insurance, risk management, or related field.
• Experience evaluating commercial property and casualty insurance programs for multifamily or CRE assets.
• Experience with Fannie Mae, Freddie Mac, GSE, agency, or institutional CRE lending requirements.
• Demonstrated experience advising senior stakeholders on complex insurance risk, coverage, and compliance matters.

Responsibilities

• Serve as Berkadia’s senior internal advisor on complex commercial real estate insurance matters for multifamily lending transactions.
• Assess insurance coverage, policy structure, deductibles, retentions, exclusions, endorsements, carrier strength, and risk-transfer considerations.
• Advise Underwriting on insurance-related risk decisions for centrally underwritten transactions.
• Advise Mortgage Banking teams on insurance-related risk decisions for Mortgage Banking-underwritten transactions, including Freddie Mac Conventional loans.
• Interpret and apply Fannie Mae, Freddie Mac, and other applicable agency insurance requirements.
• Review insurance consultant analyses and recommendations; communicate the resulting risks, requirements, and recommended actions to internal stakeholders.
• Provide practical, business-focused guidance to borrowers, brokers, and deal teams when complex insurance requirements require clarification or resolution.
• Lead resolution of escalated insurance issues, including waiver considerations, nonstandard coverage structures, carrier concerns, and agency compliance questions.
• Partner with Underwriting, Mortgage Banking, Closing, Legal, Loan Servicing, and external consultants to support timely and risk-informed transaction decisions.
• Develop and maintain internal guidance, best practices, training materials, and reference resources related to commercial real estate insurance risk.
• Monitor changes in agency requirements, insurance market conditions, and relevant industry practices that may affect Berkadia’s lending platform.
• Exercise sound commercial judgment to balance risk mitigation, agency compliance, borrower experience, and transaction execution.
• Other duties as assigned.

Skills

Insurance risk

Risk management

Stakeholder advisory

CRE lending

Agency requirements

Job description

Berkadia seeks a Director of Lending Insurance Risk to provide expert guidance on complex insurance matters across underwriting, mortgage banking, and closing teams. You will shape coverage strategies, evaluate risk-transfer options, and ensure agency compliance for multifamily lending transactions.

In this role, you’ll partner with cross-functional teams, review consultant analyses, and mentor staff on industry best practices while staying ahead of market and agency changes that impact our