Senior Special Assets Insurance Analyst

Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Senior Special Assets Insurance Analyst within PNC's Asset Management Group Trust Real Estate organization, you will be based in Pittsburgh, PA or Cleveland, OH. As a Senior Special Assets Insurance Analyst, you will be working with internal team and external service providers to manage and support the insurance function for Trust Real Estate. This includes: • Utilizing our insurance database, TIMS (Trust Insurance Management System), to monitor and maintain all internal Master Trust Policies as well as all externally placed policies on our various asset types. This includes new asset setups, updating policy information and adding property details and takedowns. • Monitoring, tracking, and paying external policy premiums as applicable. Work with various insurance agencies to receive insurance updates and ensure PNC is listed on each applicable policy • Maintaining and monitoring all flood zone determinations using a service provider • Filing and tracking all insurance claims and payouts on behalf of Trust Real Estate Advisors • Analyzing complex documentation including insurance certificates and/or policies to ensure proper documentation and replacement cost valuation • Assisting on trust master policy renewal – participate in renewal discussions, work with service providers to review, process and upload renewal file • Assisting on flood insurance applications • Assisting in annual replacement cost evaluations • Reviewing multiple insurance reports to identify exceptions, monitor quality, and ensure compliance Preferred experience/skills include: • Real estate and/or insurance experience • Fiduciary experience would be beneficial • Insurance licensure experience is helpful; an active license is not required for this role • Strong knowledge of Excel PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals.   PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Provides management and analysis of fiduciary, investment and operational processes surrounding special asset valuations and asset set up and movement. When a fiduciary analyst has an issue or question pertaining to a special asset they will reach out to this group. Analyzes complex documentation including subscription agreements, operating agreements, management letters, annual reports, and financial statements to ensure proper documentation, valuation, and treatment of special assets to conform with regulatory and compliance requirements. Provides consultation, direction and advice to internal and external customers & service providers related to special assets. Reviews existing processes and drives improvements/implementation. Updates standard operating procedures and ensures non-standard processing is in accordance with AMG's risk appetite. Participates in and serves as subject matter resource for projects. Reviews reports to identify exceptions, monitor quality, and ensure compliance. Participates in risk mitigation activities and ensures all activities comply with regulatory and policy and procedure requirements. Executes complex transactions/processes utilizing standard proceduresand at times addresses unique situations and verifies work processes to ensure completeness, accuracy, and conformance to established service levels and applicable procedures. PNC Employees take pride in our reputation