Symetra has an exciting opportunity to be part of our 2022 Commercial Mortgage Loans Internship Program!

About the program

At Symetra, we share a deep commitment in bringing value to underserved communities and people, and helping them take steps toward financial freedom. That’s our way of describing people that are able to be and to do what they value. Our interns work on real, meaningful projects that contribute toward our goal, and are an important part of our Symetra community.

Symetra has been in the commercial mortgage lending business for over 30 years. Through our relationships with mortgage bankers, we lend on completed commercial and multi-family properties. We focus on projects between $1 million and $20 million and a variety of property types including retail, light industrial/warehouse, office, multifamily and single tenant/owner occupied properties.

Symetra's Internship Program for Summer 2022 is entirely remote - all interns will learn and work in a virtual setting. The internship duration is 12 weeks.

Your responsibilities

• Analyze property operating statements, rent rolls, NOIs and property inspections.
• Enter financial data on master spreadsheet and into loan servicing records management system.
• Download electronic documents from Loan Portal, save to appropriate loan folders, and update due diligence checklists
• Post-closing review of final title insurance policy to approved proforma received at closing and the original recorded loan documents for accuracy upon receipt from title company
• Follow up as needed for recorded loan documents, scan and file recorded documents, and update due diligence checklist
• Review property & liability insurance and actively pursue corrections where necessary to assure satisfaction of standard insurance requirements for closing
• Review signed estoppels upon receipt to verify rental income used to underwrite the loan and to identify any exceptions and elevate for analysis as appropriate
• Set up new loan files after applications are signed including verification/validation that property addresses are correct and ordering EDR reports and life of loan flood certifications
• Run on-line search of borrower and/or guarantor entities on the appropriate secretary of state's website and file results in electronic file
• Transmit Appraisals and Phase I reports to consultants as well as resolve minor third party report issues
• Communicate with and provide support to mortgage bankers and borrowers via email and telephone.

What our Interns have to say

• “I could not have asked for a better company culture and group of people for my first internship.” – 2021 Intern
• “Overall, the program was run extremely well, especially for it being done virtually. I would highly recommend this program to people looking for an internship.” – 2021 Intern
• "My experience with the Symetra Internship program was amazing! Not only did I have tons of opportunity for my own learning and growth, but I felt fully supported and encouraged along the way." – 2021 Intern

Your education, experience and skills

• Excellent customer service experience with a can-do attitude toward service.
• Ability to accept direction from multiple sources and effectively translate direction into action
• Strong verbal communication skills enabling positive and effective one-on-one interaction with a wide variety of individuals and audiences
• Writing skills enabling effective communication of expectations and actions
• Demonstrated attention to detail and accuracy with strong organization skills
• Ability to establish priorities and manage multiple transactions at a time with minimal direction
• Proficient computer skills in Microsoft Office, Outlook, Internet Explorer, Chrome, Adobe Acrobat, Dynamics CRM
• You’re a self-starter who asks questions and takes the initiative to get things done

What we offer you

We don’t take a “one-size-fits-all” approach when it comes to our employees. Our programs are designed to make your life better—both at work and at home

• Fully remote internship. We ship you the equipment you need to enjoy work from the comfort of home
• Wellness program offering employees a variety of resources crafted to assist you in reaching and maintaining your optimum health
• Plan for your future with our 401(k) plan and take advantage of immediate vesting and company matching up to 6%
• Paid time away accrual

Work Authorization

Employer work visa sponsorship and support are not provided for this role. Applicants must be currently authorized to work in the United States at hire and must maintain authorization to work in the United States throughout their employment with our company.

We empower inclusion

At Symetra, we embrace and celebrate diverse experiences, identities and perspectives, because lifting each other up fuels thought and creates a stronger, more innovative company. Learn more here.

In a complex industry, we strive for clarity.

Symetra is a dynamic and growing financial services company with 60 years of experience and customers nationwide. In our daily work delivering retirement, employee benefits, and life insurance products, we're guided by the principles of VALUE, TRANSPARENCY AND SUSTAINABILITY. That means we provide products and services people need at a competitive price, we communicate clearly and honestly so people understand what they're getting, and we build products that stand the test of time. We work hard and do what's right for our customers, communities and employees. Join our team and share in our success as we work toward becoming the next national player in our industry.

Learn more about our careers at www.symetra.com/careers

#LI-BB1