Insurance Risk Principal Associate - Remote

Capital One; United States; Remote; USD 99,000 - 124,000; Full time

Job summary

Capital One Insurance Risk-Principal Associate is a remote-eligible role focused on protecting the commercial loan portfolio through rigorous insurance policy interpretation, deficiency identification, and force-placed processes. You will manage high-level exception requests and collaborate with borrowers, agents, and GSEs to ensure compliant coverage.

The ideal candidate has 5+ years in insurance with commercial risk or compliance, strong analytical skills, and a proactive, ownership-driven

Qualifications

• High School Diploma, GED, or equivalent certification.
• At least 5 years of experience in the insurance industry, with a focus on commercial risk, underwriting, or compliance.
• Familiarity with Fannie Mae or Freddie Mac (GSE) Multifamily Loans preferred.

Responsibilities

• Compliance & Analysis: Review loan documentation, third party documents and investor guidelines to identify applicable insurance requirements; identify deficiencies in current policies and collaborate with agents and borrowers to resolve non-compliant items.
• Technical Policy Review: Analyze insurance certificates, binders, full policies, and endorsements to ensure accuracy and adequacy.
• Waiver Management: Holistically evaluate the risk associated with insurance deficiencies. Determine the feasibility of waivers and independently draft comprehensive justifications for investor approval.
• Subject Matter Expertise: Maintain a deep understanding of core coverages (General Liability, Umbrella/Excess, Property, etc.) and articulate the necessity of these coverages in protecting the underlying asset.
• Stakeholder Coordination: Partner with internal lines of business and external stakeholders (borrowers, agents, third-party providers, and GSEs) to provide expert guidance on insurance matters.
• Force Placement & Audit: Manage force-placed insurance processes when necessary and represent the department in both internal and external audits.
• Process Improvement: Proactively identify opportunities to streamline workflows, increase internal controls, and improve departmental efficiency.
• Analytical Rigor: The ability to assess risk beyond a basic checklist, understanding the "why" behind coverage requirements and the broader implications of a deficiency.
• Exceptional Communication: Strong professional correspondence skills and the ability to write technical justifications that are clear, persuasive, and concise.
• Accountability: A proven track record of working independently, managing a high-volume, and meeting deadlines.

Skills

Insurance policy analysis

Compliance management

Risk assessment

Stakeholder coordination

Education

High School Diploma or GED

Bachelor's degree or Military experience

Job description

Capital One Insurance Risk-Principal Associate is a remote-eligible role focused on protecting the commercial loan portfolio through rigorous insurance policy interpretation, deficiency identification, and force-placed processes. You will manage high-level exception requests and collaborate with borrowers, agents, and GSEs to ensure compliant coverage.

The ideal candidate has 5+ years in insurance with commercial risk or compliance, strong analytical skills, and a proactive, ownership-driven