Insurance Specialist Sr (Hybrid Schedule)

Within UMB Loan Administration, this position interacts with internal partners to ensure all loans provided to them have correct information and are in compliance with UMB loan regulatory guidelines.

As an Insurance Specialist Sr, you will be responsible reviewing borrower's insurance and determining acceptability for complex commercial loans.

 The team is about creating strong connections amongst its associates to develop and maintain a positive working experience. You are valued for who you are in a fun, professional setting.  It is a smaller team that works closely together to ensure everyone is successful. Associates are supported and encouraged to work with their manager to develop roadmaps for opportunity within Loan Administration and beyond. 

How you’ll spend your time:  

• You will review all types of insurance policies including Liability, Property and Builder's Risk.
• You will assess accurate coverage of insurance based on loan collateral type, loan approval, loan policy and underwriting guidelines.
• You will identify and communicate any insurance deficiencies to internal business partners, borrowers, insurance companies, attorneys as needed.
• You will input insurance information in loan servicing software for ongoing monitoring of policy renewals.

We are excited to talk with you if:

• You have a high school diploma or equivalent
• You have at least four (4) years of commercial insurance experience
• You have one (1)+ year commercial loan experience

Compensation Range:

Minimum: $44,790.00 - Maximum: $103,820.00

The posted compensation range on this listing represents UMB’s standard for this role, but the actual compensation may vary by geographic location, experience level, and other job-related factors. In addition, this range does not encompass the full earning potential for this role. Please see the description of benefits included with this job posting for additional information

UMB offers competitive and varied benefits to eligible associates, such as Paid Time Off; a 401(k) matching program; annual incentive pay; paid holidays; a comprehensive company sponsored benefit plan including medical, dental, vision, and other insurance coverage; health savings, flexible spending, and dependent care accounts; adoption assistance; an employee assistance program; fitness reimbursement; tuition reimbursement; an associate wellbeing program; an associate emergency fund; and various associate banking benefits. Benefit offerings and eligibility requirements vary.

Are you ready to be part of something more?
You're more than a means to an end—a way to help us meet the bottom line. UMB isn't comprised of workers, but of people who care about their work, one another, and their community. Expect more than the status quo. At UMB, you can expect more heart. You'll be valued for exactly who you are and encouraged to support causes you care about. Expect more trust. We want you to do the right thing, no matter what. And, expect more opportunities. UMBers are known for having multiple careers here and having their voices heard.

UMB and its affiliates are committed to inclusion and diversity and provide employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex (including gender, pregnancy, sexual orientation, and gender identity), national origin, age, disability, military service, veteran status, genetic information, or any other status protected by applicable federal, state, or local law. If you need accommodation for any part of the employment process because of a disability, please send an e-mail to [email protected] to let us know the nature of your request.

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