New York Community Bank Ins Risk Analyst-Assets&Prprty in Westbury, New York
An Insurance Risk Analyst - Assets & Property, working under minimal supervision, focuses primarily on (1) administration of property insurance claims that arise under the Company's Property insurance policy, including acting as liaison between Corporate Services and Corporate Real Estate Services, the branches and the Insurance Carrier claims examiners, (2) assists with analyzing and quantifying potential losses, (3) reviewing contracts and leases to ensure they contain appropriate insurance requirements and indemnification provisions, and (4) assists with procurement of the Company's Corporate and REO insurance policies. Responsibility includes managing the Property claims process from initial reporting through to payment or denial. In addition, individual responds to requests for evidence of corporate property and casualty insurance by sending request to broker and reviewing Certificates of Insurance (COI) so issued for accuracy and completeness. In addition, Individual assists Corporate Risk and Insurance Manager in maintaining electronic files of insurance policies and tracking spreadsheets, responding to requests for copies of corporate insurance policies and related documentation including underwriting information.
Receives incident reports relating to claims covered under the Company's Property insurance policies, and manages the claims process through to completion, including; serving as primary contact for claim (including coordinating with CRES and insurance carrier), obtaining details relating to claim (including date, address of claim, and extent of damage), responding to carrier's request for additional documentation, negotiating payments to be made by carrier to Bank; following up to ensure claim timely paid, check properly issued and payments received, and keeping a tracking spreadsheet of same. Reviews vendor contracts and leases to ensure they contain appropriate insurance requirements, and, when applicable, appropriate risk transfer and indemnification language. Assists Corporate Risk & Insurance Manager in drafting and updating insurance coverage summaries. Assists Corporate Risk & Insurance Manager in on-going evaluation of the Company's existing Insurance Program, including tracking and analyzing premium and exposure growth, identifying gaps in coverage, and analyzing new products to determine if they would be appropriate and/or desirable. Assists Corporate Risk & Insurance Manager in analyzing insurance risks inherent in New Products and Services, as well as identifying coverage products which would be responsive. Assists Corporate Risk & Insurance Manager in the procurement of all insurance policies (including without limitation the GL, Property and Auto Policies) currently in the Company's Insurance Program including gathering underwriting information, analyzing data, completing renewal applications, and responding to requests for follow-up information from brokers and underwriters. In coordination with IRMU Consultant, Corporate Real Estate Services and Corporate Services Department, maintains and updates property and auto tracking spreadsheets which detail information regarding company properties and company-owned vehicles and drivers, and ensures that updated schedules are filed in IRMU files. Ensures that changes to auto and property schedules are communicated to insurance brokers. Responds to requests from Landlords and others by ordering outgoing Certificates of Insurance from Insurance Brokers, and reviews requested COI's for completeness, accuracy, and conformance to contractual requirements. Responds to other requests for evidence of Company's insurance (i.e. from other NYCB departments), when requested by IRMU manager. Responds to other requests for advice on insurance matters from IRMU manager. When requested, performs insurance analyses, writes summaries of same, and prepares correspondence, memoranda, and reports utilizing word processing and spreadsheet systems. When requested, responds to auditors and regulators requests for copies of corporate insurance policies, related documentation or other coverage information. When requested, makes various license bond renewal/requests for NYCB Mortgage Company LLC; gathers detailed information for application submission, and keeps track of same. Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.
EDUCATION AND EXPERIENCE:
Bachelor's degree in related field or equivalent relevant experience. (CRM) Certified Risk Manager and/or (CPCU) Chartered Property Casualty Underwriter designations preferred. Minimum of 5 years of experience.
KNOWLEDGE, SKILLS AND ABILITIES:
Strong knowledge of insurance products (including without limitation Property, Casualty and Auto). Knowledge of Property and Casualty claims administration. Knowledge of Property and Casualty insurance programs designs and underwriting criteria. Computer literate; proficiency with word processing, spreadsheet and internet applications and insurance industry specific software. Excellent interpersonal skills and proven ability to deal with all levels of staff and management. Excellent oral and written communication skills. Strong analytical and problem solving skills. Strong organizational skills. Detail oriented. Ability to independently manage multiple projects simultaneously from inception through implementation.
ABOUT NEW YORK COMMUNITY BANCORP, INC.
New York Community Bancorp, Inc. (NYSE:NYCB) is the 20th largest bank holding company in the nation, a leading producer of multi-family loans in New York City, and a national aggregator of one-to-four family loans. Our Family of Banks consists of two bank subsidiaries, New York Community Bank and New York Commercial Bank. Our banks serve consumers as well as businesses. With over 270 branches in five states New York, New Jersey, Ohio, Florida and Arizona, we are able to provide clients with a wide range of financial solutions tailored to their needs. Learn more about NYCB and the services we offer at www.NYCBFamily.com .
BRANCH OUT and help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.
NYCB is an equal opportunity employer that prohibits discrimination in hiring or terms and conditions of employment on the basis of race, color, religion, sex, sexual orientation, age, national origin, disability, citizenship, covered veteran status, genetic predisposition, marital status, military status, gender identification or any other legally recognized protected basis under local, state or federal law, regulations or ordinances. In addition, NYCB complies with all applicable laws which govern nondiscrimination in employment in every location in which NYCB does business.
ABOUT NEW YORK COMMUNITY BANK.
Based in Westbury, NY, New York Community Bank is a New York State-chartered savings bank serving customers throughout Metro New York, New Jersey, Ohio, Arizona and Florida. At September 30, 2018, the Company had assets of $51.2 billion, deposits of $30.3 billion, and stockholder's equity of $6.8 billion.
New York Community Bank serves customers through over 250 branches featuring a divisional structure: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding reputation of strength, stability and service, NYCB is proud to be committed to the communities it serves. To learn more about the NYCB Family of Banks visit us at www.MyNYCB.com .
Branch Out and help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around. Be sure to let them know how they can become a part of the NYCB family.
NYCB is an equal opportunity employer that prohibits discrimination in hiring or terms and conditions of employment on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information or any other classification protected by the federal, state, and local laws and ordinances.
This policy is applicable to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. When necessary, NYCB will reasonably accommodate employees and applicants with disabilities or with religious requirements necessitating accommodation.
In addition, NYCB complies with all applicable laws which govern nondiscrimination in employment in every location in which NYCB does business.
Organization: CMTY - Insurance Risk Management (284) - Insurance Risk Management
Title: Ins Risk Analyst-Assets&Prprty
Location: New York-Westbury-Corporate Headquarters
Requisition ID: 190000DD