Wondering if I could get an idea on what to expect pay is at a large insurance company (such as a MetLife, Prudential, etc) in an real estate originations position (associate and up) in a major market. I am currently looking to transition from brokerage (worked for the past five years at a small brokerage firm in a top secondary market) to a position at a major lending institution.
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When you say "real estate originations" do you mean CRE loan origination or do you want to be on the equity side? I say that because it is harder to get in with an equity team than a debt team. Is your brokerage experience in debt placement? If not and you're going for the debt side then you'd likely be hired on at the analyst or senior analyst level. $75-$100K with a 20%-40% bonus. An associate will make anywhere from $100-$175k base with a 30%-50% bonus, at least that's been my experience.
Thanks for the very informative response. I did mean loan originations. My primary responsibility was debt placement (I run point on all financing requests). I’m currently talking to a couple of groups (one loan originations and one acquisitions) and this helps me know how aggressive to be.
What kind of debt deals do they originate? Only senior perm debt or mezz/construction are also done?
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