Job Information
FANNIE MAE Commercial Insurance Risk and Compliance Lead Associate (Open to Remote) in Washington, District Of Columbia
Job Description As a valued colleague on our team, you will contribute to assessing and identifying potential insurance risks that may threaten the reputation, safety, security, and/or the financial success of Fannie Mae. In this role, you will collaborate with internal and external stakeholders and external insurance industry experts to apply your extensive knowledge of insurance principles to minimize insurance-related risks, as well as support policy development for insurance risk. You will help develop and manage insurance requirements for multifamily properties and solve, sometimes, complex insurance-related problems. You will apply technical understanding of insurance principles, underwriting practices, and laws - both state and federal. You may be asked to lead projects as needed and mentor and coach less experienced team members.
THE IMPACT YOU WILL MAKE
The Commercial Insurance Risk and Compliance Lead Associate role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:
Serve as a Subject Matter Expert for Insurance and must research, identify, and analyze insurance market data trends and report on those findings; determine property and liability risks, controls, and appropriate mitigants associated with waiver requests; new and post purchase loans.
Provide professional verbal and written responses and feedback to questions, requests, and challenging insurance matters for internal and external stakeholders at various levels.
Train stakeholders on Fannie Mae insurance requirements.
Audit lender and servicers insurance compliance practices.
Partner with internal and external customers providing exceptional service.
Coach and mentor team Associates.
Assist Manager or Advisor as needed.
Qualifications THE EXPERIENCE YOU BRING TO THE TEAM
Minimum Required Experience
- 4 years relevant experience
Desired Experience
Bachelor’s degree or equivalent
Insurance Industry experience – Commercial preferred (or 8 years insurance compliance account management, or Team Lead).
Proficient knowledge and understanding of insurance principles, risk analysis and controls.
Insurance industry designations or Property and ; Casualty License a plus.
Knowledge of mortgage finance industry (GSE, Lender, Servicer).
Leader and collaborator.
Independent thinker and decision maker.
Ability to work independently with little supervision.
Analytical thinker.
Must be able to multitask.
Excellent communication skills (negotiate, influence, conflict resolution).
Public speaking.
Excel, Microsoft Word, PowerPoint, SharePoint
Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.