Insurance Svc Analyst

Job Description

Be part of JPMorgan’s Commercial Bank, Wholesale Lending Services group! Join our Insurance Center of Excellence and be the compliance expert we're looking for.

As a vital part of our team, you will play a crucial role in ensuring we meet Flood Disaster Protection Act (FDPA) regulations and corporate policy for flood, hazard, and liability insurance coverages. We're seeking candidates with a strong background in commercial property & casualty insurance, especially those skilled in reviewing insurance documents to ensure compliance.

Your mission will be to build strong internal partnerships with the business areas we support. If you're ready to take on this exciting challenge and help us maintain our commitment to compliance, you may be the perfect fit for our team.

Job responsibilities

• Conduct thorough reviews of insurance coverage for assets and collateral, ensuring alignment with established guidelines and procedures.
• Participate in meetings (with representatives, as appropriate, from line of business, Corporate Flood Program, Insurance Center of Excellence, Legal, Compliance, Client, Insurance Agent/Broker, Agent and Participant banks).
• Apply proficient conflict management skills to facilitate discussions and negotiations, resolving any arising conflicts in a timely and effective manner.
• Assist in the development and implementation of process improvements, leveraging time management and organizational skills to efficiently manage tasks and activities.

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.

• Basic leverage AI/ML to enhance insurance processes.
• Innovative mindset, motivated to continuously improve processes.
• Participate in team discussions to learn about best practices in process optimization.

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 Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.