Remote Insurance Risk Principal Associate

Capital One National Association; McLean (VA); Remote; USD 109,000 - 124,000; Full time

Job summary

Capital One Insurance Risk is seeking a Remote-Eligible Principal Associate to interpret complex insurance policy structures and address coverage deficiencies within a real estate lending context. The role focuses on ensuring compliant policies, managing high‑level exception requests, and collaborating with borrowers, agents, and GSEs.

The position requires deep knowledge of core coverages (General Liability, Umbrella/Excess, Property, etc.) and a proactive, independent work style to drive risk

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 working 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.

Skills

Analytical thinking

Exceptional communication

Accountability

Independent work

Education

High School Diploma or GED

Bachelor’s Degree or Military experience

Job description

Capital One Insurance Risk is seeking a Remote-Eligible Principal Associate to interpret complex insurance policy structures and address coverage deficiencies within a real estate lending context. The role focuses on ensuring compliant policies, managing high‑level exception requests, and collaborating with borrowers, agents, and GSEs.

The position requires deep knowledge of core coverages (General Liability, Umbrella/Excess, Property, etc.) and a proactive, independent work style to drive risk