Commercial Underwriting Coordinator
HUB International
**GENERAL DESCRIPTION (SUMMARY, SCOPE, PURPOSE)**
**About HUB** In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world’s largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected — through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep and one-of-a-kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.
**HUB Financial Services** is a part of HUB International. HUB Financial Services stands out as an industry leader in effectively managing lending risk associated with loan-level collateral for financial institutions. Whether you’re dealing with real estate owned, residential real estate, commercial real estate, auto, watercraft, RV, powersport, or equipment portfolios, our outsourced insurance tracking, blanket, and impairment programs are designed to address lending risk comprehensively. Our commitment to tailoring solutions means we create a unique strategy for each client and portfolio.
**The Commercial Underwriting Coordinator** provides essential support to the underwriting team by
coordinating commercial underwriting processes through thorough research and data gathering. Ensuring efficient workflow management and maintain timely, clear communication with key stakeholders. Committed to facilitating smooth underwriting operations through meticulous record-keeping and contributing to high-quality underwriting solutions that align with client needs and business goals.
**ESSENTIAL DUTIES AND RESPONSIBILITIES**
+ Conduct thorough research and data analysis to support informed commercial underwriting recommendations.
+ Assist the commercial underwriting workflow to ensure timely progression of applications, from initial submission through final approval, adhering to deadlines and quality standards.
+ Review documents and data for accuracy and compliance with underwriting guidelines, highlighting any discrepancies or concerns for resolution.
+ ·Address inquiries from clients and agents regarding the underwriting process, providing guidance or redirecting them to the appropriate team members for more detailed information.
+ Generate and distribute regular reports on underwriting statuses, outstanding tasks, and relevant metrics, ensuring all parties stay informed on key timelines and requirements.
+ Gain familiarity and knowledge of loan servicing operations, including collateral management, insurance requirements, and escrow responsibilities.
+ Develop and maintain knowledge for Mortgage Protection Insurance for lender-placed and REO risks,
+ tracking and reporting self-service clients through iPol and variant or modified exposure-only programs.
+ Assess incoming inquiries and escalating advanced or urgent matters to the Supervisor, Management, and/or HFS IT Staff as necessary.
+ Generate and distribute regular reports on underwriting statuses, outstanding tasks, and relevant metrics, ensuring all parties stay informed on key timelines and requirements.
+ No supervisory responsibilities
The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned by management, including work in other functional areas to cover absences, equalize peak work periods or otherwise to balance the workload.
**MINIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:**
+ Must be a self-starter with ability to prioritize and time-manage while working in a fast-paced
+ environment.
+ Creative and imaginative problem-solving abilities with a strong desire to create win-win situations.
+ Strong drive to investigate, gather information, and apply analytical skills for informed decision-making.
+ Excellent written and verbal communication skills.
+ Experience in commercial underwriting property insurance or related product or service, is a plus.
+ Familiarity with financial services products, methods, and coverage is a plus.
+ Skills assessment may be required prior to an interview.
**LICENSING OR CERTIFICATION REQUIREMENTS**
None required
**PHYSICAL DEMANDS**
**Work Location:** In-office, with the opportunity to work from home 2 days a week after the 90-day new hire probationary period.
**Benefits:**
+ HSA and PPO Medical plans available through BlueCross BlueShield of Illinois (BCBSIL)
+ Dental plans through BCBSIL
+ Vision
+ Employer paid Short Term Disability
+ Employer paid Life Insurance – 2x your salary
+ 401k – Company matching
+ 10 paid Holidays
+ Floating Holidays and Personal Days
+ Accrue Vacation Time and Sick Time from first workday.
The physical and environmental demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
**QUALIFICATIONS**
To perform this job successfully, the incumbent must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. These qualifications are considered without regard to race, religion, color, sex, national origin, disability, or any other characteristic protected by federal, state, and local law. If this position requires licensing or certification, the incumbent must maintain that license or certification by meeting all continuing education and other requirements.
Department Account Management & Service
Required Experience: 1-2 years of relevant experience
Required Travel: No Travel Required
Required Education: High school or equivalent
HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm .
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