Director - Lending Insurance Risk

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

Be Part of the Next. Be Berkadia. Berkadia is built on deep expertise, strong relationships, and a commitment to excellence across the commercial real estate industry. What sets us apart is our people. As a values-driven organization, we foster a culture where collaboration thrives, growth is encouraged, and employees are empowered to make an impact. Together, our people strengthen our business and help shape the future of Berkadia. Are you ready to be part of the next? Discover your next opportunity at Berkadia.

Be Part of the Next. Be Berkadia. Berkadia is built on deep expertise, strong relationships, and a commitment to excellence across the commercial real estate industry. What sets us apart is our people. As a values-driven organization, we foster a culture where collaboration thrives, growth is encouraged, and employees are empowered to make an impact. Together, our people strengthen our business and help shape the future of Berkadia. Are you ready to be part of the next? Discover your next opportunity at Berkadia.

The Director – Lending Insurance Risk is a subject-matter expert responsible for advising Berkadia’s Underwriting, Mortgage Banking, and Closing teams on complex insurance matters affecting multifamily lending transactions. The role provides strategic guidance on insurance risk, agency compliance, coverage structure, consultant recommendations, and escalated transaction issues. The Director – Lending Insurance Risk will operate through a consultative, triage-based model focused on higher-complexity 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.

Preferred Qualifications

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

We believe People Matter, so we offer benefits that go beyond:

• Monthly paid volunteer hours and donation matching to benefit our communities
• Employee Resource Groups that help you grow with us
• Fertility and family planning services
• Up to 12-weeks of fully paid parental leave
• Mental health care, including free counseling sessions:
• We'll help you fund your learning journey with generous tuition reimbursement
• Pet insurance discounts
• And more!

Be Your Best Self. Be Berkadia.

Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws.
In keeping with our commitment, Berkadia takes the necessarysteps to provide a workplace free from harassment, discrimination, and unlawful retaliation, as well as access and reasonable accommodations for individuals with disabilities and sincerely held religious beliefs. If you require a reasonable accommodation to take part in the interview process, please contact [e-mail].
You have rights under federal, state and local employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role, you are acknowledging Berkadia's Application PolicyandBerkadia's Privacy Policy. Please click the following links for more information about:EEOC,Employee Rights under the FMLA,EPPA.