PNC Special Assets Insurance Analyst Sr 

United States, Ohio 

701387307

This position requires the availability to work 2 days a week in the office.As a Special Assets Insurance Analyst Sr., you will be working with internal team and external service providers to manage and support the insurance function for Trust Real Estate. This includes:• Utilizing our insurance database TIMS (Trust Insurance Management System) to monitor and maintain all internal Master Trust Policies as well as all externally placed policies on our various asset types. This includes new asset setups, updating policy information and adding property details and takedowns.• Monitor, track, and pay external policy premiums as applicable. Work with various insurance agencies to receive insurance updates and ensure PNC is listed on each applicable policy.• Maintain and monitor all flood zone determinations using a service provider.• File and track all insurance claims and payouts on behalf of TREA.• Analyze complex documentation including insurance certificates and/or policies to ensure proper documentation and replacement cost valuation• Assist on trust master policy renewal – participate in renewal discussions, work with service providers to review, process and upload renewal file.• Assist on flood insurance applications• Assist in annual replacement cost evaluations• Review multiple insurance reports to identify exceptions, monitor quality, and ensure compliance.The ideal candidate will meet the following qualifications:- Real estate and/or insurance experience
- Fiduciary experience would be beneficial
- Insurance license would be beneficial
- Strong knowledge of Excel is desiredJob Description

• Provides management and analysis of fiduciary, investment and operational processes surrounding special asset valuations and asset set up and movement. When a fiduciary analyst has an issue or question pertaining to a special asset they will reach out to this group.
• Analyzes complex documentation including subscription agreements, operating agreements, management letters, annual reports, and financial statements to ensure proper documentation, valuation, and treatment of special assets to conform with regulatory and compliance requirements.
• Provides consultation, direction and advice to internal and external customers & service providers related to special assets. Reviews existing processes and drives improvements/implementation. Updates standard operating procedures and ensures non-standard processing is in accordance with AMG's risk appetite. Participates in and serves as subject matter resource for projects.
• Reviews reports to identify exceptions, monitor quality, and ensure compliance. Participates in risk mitigation activities and ensures all activities comply with regulatory and policy and procedure requirements.
• Executes complex transactions/processes utilizing standard proceduresand at times addresses unique situations and verifies work processes to ensure completeness, accuracy, and conformance to established service levels and applicable procedures.

PNC Employees take pride in our reputation and to continue building upon that we expect our employees to be:

• Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
• Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and requiredneeded to be successful in this position.

Capital Management, Commercial Real Estate Lending, Decision Making, Economic Policy, General Ledger (GL), Investment Management, Operations Processes, Retail BankingEffective Communications, Effectiveness Measurement, Financial Statement Analysis, Managing Multiple Priorities, Operational Functions, Operational Risk, Planning: Tactical, Strategic, Problem Management Process, Process Management, Products and ServicesRoles at this level typically require a university / college degree with < 1 year of professional experience and/or successful completion of a formal development program. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.No Required Certification(s)No Required License(s)

This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

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