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We are seeking a Senior Middle Office Analyst – Insurance Operations to lead the management of credit insurance across commercial lending and asset finance transactions. This role requires strong hands-on experience in a banking middle office environment, with full ownership of insurance processes, close interaction with Front Office teams, and a high level of responsibility for operational risk and controls.
Job Responsibility:
Act as the primary subject matter expert for credit insurance across all relevant lending transactions
Oversee the calculation, validation, and processing of insurance premiums
Ensure accurate booking, monitoring, and reconciliation of insurance-related transactions in Loan IQ
Review complex insurance policies and related legal documentation
Perform and validate pre-funding insurance checks
Serve as the main point of contact for insurance-related matters
Monitor insurance covenants and reporting obligations
Drive process improvements across insurance booking, reconciliation, controls, and reporting
Requirements:
Minimum 5 years of experience in commercial lending or asset finance operations within a commercial bank
Proven, hands-on experience managing insurance on lending transactions
Bachelor’s degree in Finance, Business, or a related field
Strong working knowledge of Loan IQ
Solid proficiency in Excel and PowerPoint
Good understanding of financial statements and comfort with financial ratio analysis
Nice to have:
Experience with Cash Plus and FBTI is a plus
What we offer:
401(k) retirement plan with company matching
15 days of paid vacation per year at hire and up to 27 according to seniority
8 paid holidays + 5 sick days + 2 personal days per year
Company health, dental, and vision insurance plans + FSA