Insurance Service Associate-Flood and Non-Flood Insurance
Job Description
Join JPMorgan's Commercial Bank and be the compliance expert in our Insurance Center of Excellence!
As an Insurance Servicing Associate in the Wholesale Lending Services group, you will ensure compliance with FDPA regulations and corporate policies for flood, hazard, and liability insurance coverages. You will build strong internal partnerships and play a crucial role in maintaining our commitment to compliance.
Job Responsibilities
- Conduct thorough reviews of insurance coverage for assets and collateral, ensuring alignment with established guidelines and procedures.
- Lead or participate in meetings with representatives from various business areas, including Corporate Flood Program, Insurance Center of Excellence, Legal, Compliance, and more.
- Apply proficient conflict management skills to facilitate discussions and negotiations, resolving conflicts effectively.
- Utilize advanced strategic planning skills to propose and implement improvements to current working methods, enhancing efficiency and effectiveness.
Required Qualifications, Capabilities, and Skills
- Two or more years of experience or equivalent expertise in insurance servicing, specifically in reviewing assets and collateral for appropriate coverage.
- Demonstrated proficiency in conflict management, with a track record of facilitating discussions and creating win-win solutions.
- Proven ability to apply critical thinking skills to prioritize, organize, compare, and critically evaluate various aspects of insurance servicing.
- Ability to communicate effectively, both in writing and orally.
- Advanced proficiency in time management and organization, with a demonstrated ability to efficiently manage and monitor multiple tasks and activities.
Preferred Qualifications, Capabilities, and Skills
- Experience in the financial services industry.
- Innovative mindset, motivated to continuously improve processes.
Final Job Grade and offer title will be determined at the time of offer and may differ from this posting.
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
J.P. Morgan's Global Banking business is one of the largest wholesale banking client franchises in the world. We serve clients, including corporations, governments, states, municipalities, healthcare organizations, education institutions, banks and investors.
Commercial Banking provides credit and financing, treasury and payment services, international banking and real estate services to clients—including corporations, municipalities, institutions, real estate investors and owners, and not-for-profit organizations.Recommended Jobs
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