Remote Insurance Risk Principal Advisor

Capital One; Helena (MT); Remote; USD 99,000 - 113,000; Full time

Benefits offered by this job

Remote-eligible

Job summary

Capital One seeks an Insurance Risk - Principal Associate (Remote-Eligible) to review loan documents, policies, and waivers, ensuring compliance with investor requirements and core coverages. This role requires deep knowledge of General Liability, Umbrella/Excess, Property, and related endorsements, and collaboration with borrowers, agents, and third-party providers.

You will coordinate with internal and external stakeholders, manage force-placed insurance when needed, and participate in audits

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.
• Bachelor’s Degree or Military experience.
• 2+ years of experience with Fannie Mae or Freddie Mac (GSE) Multifamily Loans.
• Certification in ARM, CPCU, or CRM certification.

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.

Education

Bachelor’s Degree

Military experience

Associate in Risk Management (ARM)

Chartered Property Casualty Underwriter (CPCU)

Certified Risk Manager (CRM)

Job description

Capital One seeks an Insurance Risk - Principal Associate (Remote-Eligible) to review loan documents, policies, and waivers, ensuring compliance with investor requirements and core coverages. This role requires deep knowledge of General Liability, Umbrella/Excess, Property, and related endorsements, and collaboration with borrowers, agents, and third-party providers.

You will coordinate with internal and external stakeholders, manage force-placed insurance when needed, and participate in audits