Senior Associate, Asset Tax & Insurance

Lument; Columbus (OH); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Hybrid work model

Comprehensive benefits

Vacation & leave options

Job summary

Lument seeks a qualified professional to lead the insurance compliance review process across a servicing portfolio. The role requires ensuring policy documentation meets lender requirements, coordinating with borrowers and insurance agents, and guiding junior teammates to maintain accuracy and timeliness.

Ideal candidates will have 3–5 years in CRE insurance, strong MS Office skills, and the ability to translate complex concepts into clear instructions for colleagues and stakeholders.

Qualifications

• Experience with insurance compliance reviews and policy documentation.
• Ability to educate others and translate insurance concepts into actionable guidance.
• Strong organizational and time-management skills.

Responsibilities

• Lead insurance analyses and ensure accurate annual compliance reviews.
• Monitor deadlines and communicate portfolio status to management.
• Train and develop junior team members on core requirements.

Skills

Insurance compliance

Leadership

Loan portfolio management

Communication

Training/mentoring

Education

Bachelor's degree

Commercial real estate insurance

Tools

Microsoft Office

Servicing System

Job description

Purpose And Job Summary

The primary focus of the position is to provide outstanding service to internal and external clients and to aid in the effective management of our complex insurance portfolio. This position will be a subject matter expert to both the department and the leadership team, demonstrating a high level of knowledge of the insurance compliance review process and overarching insurance market trends.

This position is required to provide management, leadership and direction to the insurance analysts along with maintaining a portfolio of loans. Analysts are responsible for completing an insurance compliance review for each collateral within our Servicing portfolio aligned with pre-funding insurance or post-close annual compliance review. This includes, but is not limited to, ACORD and/or insurance policy review, third party report analysis, annual premium documentation, and any corresponding insurance waiver risk analysis.

The position will also provide leadership and direction to more junior members of the team. Performance of these duties at a high level of accuracy and responsiveness is critical to the department in order to respond to time sensitive requests & other key functions that ensure the lender remain in compliance with all of the investors we service.

Essential Duties And Responsibilities

Utilize the Servicing System and other software applications to facilitate insurance reviews and accurately document the status of the annual compliance review.

• Maintain strong knowledge of lender insurance requirements, including Freddie Mac, Fannie Mae, FHA and other lenders as assigned.
• Ensure all insurance files, pre-close or servicing, include accurate representation of loan requirements, third party report confirmation, flood determination, and other confirmations as required.
• Review policy documentation from borrowers and insurance agents prior to the due date, ensuring insurance policy compliance with loan documents and/or lender requirements.
• Make timely requests for additional information and corrective measures with both internal and external parties.
• Remediate non-compliant insurance with clients, engaging in proactive communication with both the borrower and insurance agent to obtain clarification on insurance coverage limits, policy structure, or deductibles.
• Respond timely to inquiries from internal and external customers, ensuring that the proper notification, escalation, communication, and coordination occurs with management related to the performance of job duties, as needed.
• Monitor reports and deadlines to ensure work is completed in advance of set timelines, proactively communicating portfolio status with manager or team lead as needed.
• Assist junior team members with workflow to ensure deadlines are met.
• Train and develop junior team members on core position requirements and functions, ensuring consistent attention to detail across all team members.
• Quality check and provide feedback to team members, communicating training gaps to both the team member and manager.
• Assist in compiling data samples for department and/or lender audits, as requested by manager.
• Work professionally and harmoniously with team and coworkers.
• Travel Requirements – 10%
• Other projects and duties as assigned.

Contacts

This position has frequent contact with all levels of employees and management. In addition, this role may interact with outside business partners, vendors, consultants, and other office visitors.

Education, Skills And Experience

• Bachelor's degree preferred but not required.
• 3-5 years of experience in insurance selling, underwriting, claims, or CRE insurance.
• 3-5 years of experience in commercial real estate mortgage industry of commercial insurance compliance processing.
• Ability to educate others, able to translate insurance concepts into clear actionable information/instruction. List additional Skills/Experience.
• Proficiency in Microsoft Office and list other relevant systems or software.
• Excellent organizational, communication, presentation, and interpersonal skills.
• Ability to plan, organize, and prioritize assignments, and to meet critical and established deadlines; Ability to manage multiple assignments and transactions simultaneously.
• Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities.
• Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team.
• Flexibility and ability to work under pressure with tight deadlines and constant interruptions; Ability to adjust priorities in a changing environment.

Life at ORIX

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

You Time

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.

Company: Lument