New

Pre-Closing Insurance Specialist

Valley National Bank
$23.75 - $39.62 / hr
United States, New York, New York
Jul 02, 2026
Responsibilities include but are not limited to: 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.