- Serve as primary contact for pre-closing insurance review, ensuring adequate insurance is in place prior to loan closing; reviewing insurance requirements and policies, making recommendations and adjustments, and ensuring compliance with federal flood regulations and Credit Policy.
- Perform pre- and post-closing reviews of real estate-secured loans, verifying flood determinations, required forms, and coverage accuracy.
- Perform review of property and liability insurance limits and any other insurance requirements as applicable prior to loan closing to ensure adequate insurance coverage and compliance with Credit Policy and Bank requirements.
- Resolve discrepancies and deficiencies by working with lenders, compliance teams, Loan Servicing and insurance agencies; escalate regulatory risks as needed.
- Maintain accurate records and tracking systems, including policy details, expiration dates, coverage requirements, and flood zone changes.
- Conduct audits and portfolio reviews as necessary.
- Support regulatory exams, policy updates, and training, assist with OCC reviews, update procedures per federal changes, and prepare lender guidance.
- Knowledge of insurance requirements including, but not limited to, property, casualty, liability, flood regulations, general loan terminology and documentation.
- Ability to read and analyze complex insurance, federal flood regulation and determine what if any changes need to be made to Bank policy and procedures in order for Valley to be compliant.
- Must have excellent communication skills -- both written and verbal.
- Proficient in Word and Excel.
- Ability to learn nCino and Bank Core System.
- Strong attention to detail.
- Ability to organize and prioritize assignments.
- Ability to meet deadlines defined by Bank, regulators and Credit Policy.
- High School diploma or GED Equivalent and a minimum of 3 years of related experience in a financial services organization specializing in insurance or related insurance fields.
- Completion of college level courses in business administration and/or Associate's degree, commercial real estate and/or insurance experience, including high level of flood experience.
Skills Required
- Knowledge of property, casualty, liability insurance and federal flood regulations
- Ability to read and analyze complex insurance documents and federal flood regulation to update policy/procedures
- Excellent written and verbal communication skills
- Proficient in Microsoft Word and Excel
- Ability to learn and use nCino and Bank Core System
- Strong attention to detail and ability to organize and prioritize assignments
- Ability to meet deadlines defined by Bank, regulators and Credit Policy
- High School diploma or GED and minimum 3 years related experience in financial services or insurance
- Completion of college courses or Associate's degree, commercial real estate or additional insurance/flood experience
Valley Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Valley Bank and has not been reviewed or approved by Valley Bank.
-
Healthcare Strength — Health coverage spans medical, dental, and vision with HSA/FSA options alongside life, AD&D, disability, and EAP support. The breadth presents as a comprehensive, modern package for a regional bank.
-
Leave & Time Off Breadth — Time off offerings include vacation/PTO, sick leave, and volunteer PTO. Feedback suggests these elements contribute positively to work–life balance even when base pay feels light.
-
Retirement Support — Retirement programs include a 401(k) with company match and, for eligible employees, a deferred compensation plan. The presence of these programs strengthens total compensation.
Valley Bank Insights
What We Do
At Valley, we aren’t just your average financial institution; we're your trusted partner in building a brighter future. With a widespread presence across the U.S., we've been serving communities since 1927. For over 95 years, our team of dedicated professionals has been committed to creating better banking opportunities for our customers and fostering growth and prosperity in the communities we serve. From personalized financial solutions to comprehensive banking services, home mortgages, commercial lending, and wealth management, we're here to help you achieve your financial goals, no matter how big or small. We understand that each individual and business has unique challenges and opportunities, and we're here to listen, understand, and provide tailored solutions to help you succeed. ©2025 Valley National Bank. Member FDIC. Equal Opportunity Employer. Equal Housing Lender. All Rights Reserved.
.jpeg)
