Senior Property & Flood Insurance Policy Analyst

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.

 

Given the increase in natural disasters and potential for increased credit losses, we are seeking someone with deep property and flood insurance industry knowledge.

 

As a valued colleague on our Servicing and Insurance Policy team, you will contribute to the development and maintenance of the Single-Family servicing and insurance policies and implement changes that align with Fannie Mae's strategy. In this role, you will ensure policies reflect the appropriate risk tolerance and compliance with all relevant regulatory guidance, as well as provide guidance on internal policies, business standards, and regulatory interpretation.  You will provide expertise to internal and external customers and industry participants.

THE IMPACT YOU WILL MAKE

The SF Risk - Policy - Senior Associate role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

 

• Develop and refine the enterprise's Single-Family servicing and insurance policies, including property and flood insurance related requirements.
• Apply technical understanding of insurance industry practices and principles and review and analyze policies to ensure alignment with the evolving industry, regulatory, and economic landscape.
• Research regulatory interpretations and leading industry practices and make recommendations for new policies and standards to manage the credit book.
• Evaluate and monitor emerging risks and regulatory changes to ensure our policies remain current and risk appropriate.
• Evaluate market trends or other relevant data in developing policy conclusions, including preparing reports or analyses for management or larger groups with findings and recommendations.
• Consider, where applicable, relevant enterprise systems and processes to develop optimal policy guidance.
• Ensure clear and consistent communication of Fannie Mae’s policies through authoring formal policy communications.
• Provide policy support and expertise on broad corporate initiatives that further Fannie Mae’s strategic mission and enable innovation.
• Respond to policy inquiries and policy-related customer engagement requests.
• May attend meetings with customers and industry participants to gather information pertinent to developing policies and standards to manage the credit book.
• May lead data analytics and policy development within the unit or an integrated effort with other corporate departments, FHFA and/or Freddie Mac

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experiences

 

• 2 years of experience in property and flood insurance industry policies and practices.
• Ability to develop a policy development project timeline and meet key governance and completion milestones.
• Risk assessment and management skills, including evaluating risk and identifying controls and mitigants associated with policy requirements.
• Excellent written and verbal communication skills with the ability to present appropriately to audiences at all levels both internally and externally.
• Experience collaborating across different functional areas and business units.
• Ability to gather accurate information to explain concepts and answer critical questions.
• Execution-oriented self-starter with exceptional time management and prioritization skills.
• Intellectually curious with strong problem solving and/or analytical skills.
• Shows curiosity and adaptability in learning and responsibly applying new technologies, including artificial intelligence, to reimagine how we work.

Desired Experiences

 

• Bachelor's degree or equivalent.
• 4-6 years of experience in property and flood insurance industry policies and practices.
• Experience in the primary or secondary mortgage market.
• Ability to interact with and influence others at all levels of the organization.
• Strong attention to detail

Qualifications

Active Directory (AD), Active Directory (AD), Amazon Web Services (AWS), Artificial Intelligence (AI), Atlassian JIRA, Authentication Management, Backup and Recovery (Software), Business Insight Skills, Business Process Management Skills, Calendar and Scheduling Tools, Cleaning and Transforming Data, Cloud Technology, Collaborating Cross-Functionally, Communicating in Technical Writing, Communicating Technical Information, Communication, Configuration Management (CM), Conflict Resolution, Coordination, Customer and Market Insights, Customer Relationship Management (CRM), CyberArk, Cybersecurity Analysis, Data Analysis, Data Analysis Interpretation {+ 60 more}

Education:

Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:

96000

to

124000