[Remote] Insurance & Loss Draft Analyst I
Note: The job is a remote job and is open to candidates in USA. CMG Financial is a mortgage company seeking an Insurance & Loss Draft Analyst I to manage insurance premiums and loss draft funds. The role involves ensuring compliance with regulatory requirements, monitoring insurance coverage, and collaborating with other departments to provide exceptional service.
Responsibilities
ā¢ Completes tracking, monitoring , disbursing of insurance related to mortgage loans
ā¢ Tracks, monitors, and disburses loss draft funds for mortgage loans
ā¢ Monitors the placement of lender placed hazard and flood insurance ensuring timely premium payments
ā¢ Processes various reports for insurance tracking with vendors and the force placement of insurance
ā¢ Processes flood zone changes reported by the vendor and ensuring real estate collateral located in special flood hazard areas maintain adequate insurance coverage
ā¢ Accurately documents systems with comprehensive status updates
ā¢ Manages daily task work queue and monthly bulk processing
ā¢ Collaborates with other departments to resolve cross-functional issues
ā¢ Researches and resolves exceptions and illogical conditions
ā¢ Monitors and completes research to resolve consumer, investor, and internal inquiries
ā¢ Completes insurance administration and loss draft processes in accordance with state and federal regulations and investor requirements
ā¢ Ensures compliance with State, Federal, Regulatory, and Investor Requirements and guidelines, maintains up-to-date knowledge of internal policies and procedures, and understands how requirement changes affect the operations
ā¢ Works with insurance vendors & third parties utilized in the escrow administration processes
ā¢ Meets established standards and guidelines with regard to compliance, job knowledge, quality, attendance, efficiency, initiative, and overall performance
ā¢ Other projects and assignments as needed
Skills
ā¢ Proven experience in insurance and loss draft processes or in other relevant mortgage servicing departments
ā¢ Knowledge of insurance and loss draft processes, industry standards, consumer protection laws & regulations impacting escrow operations areas
ā¢ Ability to have a cross-functional impact across the servicing operation
ā¢ Highly organized, reliable, and results-driven
ā¢ Ability to hustle, willingness to learn, and adapt quickly to working in a fast-paced, fluid environment
ā¢ Proficient in Microsoft Office and call center equipment/software programs
ā¢ Excellent communication skills both written and verbal
ā¢ Ability to work within a team environment to foster positive work culture
ā¢ Ability to engage with associates to achieve goals and objectives
ā¢ Ability to work independently and as a member of high performing team
ā¢ Commitment to excellence and extraordinary standards
Company Overview
ā¢ CMG Financial is a well-capitalized, privately held mortgage-banking firm. It was founded in 1993, and is headquartered in San Ramon, California, USA, with a workforce of 1001-5000 employees. Its website is http://www.cmgfi.com.
Apply Now
Apply Now
Responsibilities
ā¢ Completes tracking, monitoring , disbursing of insurance related to mortgage loans
ā¢ Tracks, monitors, and disburses loss draft funds for mortgage loans
ā¢ Monitors the placement of lender placed hazard and flood insurance ensuring timely premium payments
ā¢ Processes various reports for insurance tracking with vendors and the force placement of insurance
ā¢ Processes flood zone changes reported by the vendor and ensuring real estate collateral located in special flood hazard areas maintain adequate insurance coverage
ā¢ Accurately documents systems with comprehensive status updates
ā¢ Manages daily task work queue and monthly bulk processing
ā¢ Collaborates with other departments to resolve cross-functional issues
ā¢ Researches and resolves exceptions and illogical conditions
ā¢ Monitors and completes research to resolve consumer, investor, and internal inquiries
ā¢ Completes insurance administration and loss draft processes in accordance with state and federal regulations and investor requirements
ā¢ Ensures compliance with State, Federal, Regulatory, and Investor Requirements and guidelines, maintains up-to-date knowledge of internal policies and procedures, and understands how requirement changes affect the operations
ā¢ Works with insurance vendors & third parties utilized in the escrow administration processes
ā¢ Meets established standards and guidelines with regard to compliance, job knowledge, quality, attendance, efficiency, initiative, and overall performance
ā¢ Other projects and assignments as needed
Skills
ā¢ Proven experience in insurance and loss draft processes or in other relevant mortgage servicing departments
ā¢ Knowledge of insurance and loss draft processes, industry standards, consumer protection laws & regulations impacting escrow operations areas
ā¢ Ability to have a cross-functional impact across the servicing operation
ā¢ Highly organized, reliable, and results-driven
ā¢ Ability to hustle, willingness to learn, and adapt quickly to working in a fast-paced, fluid environment
ā¢ Proficient in Microsoft Office and call center equipment/software programs
ā¢ Excellent communication skills both written and verbal
ā¢ Ability to work within a team environment to foster positive work culture
ā¢ Ability to engage with associates to achieve goals and objectives
ā¢ Ability to work independently and as a member of high performing team
ā¢ Commitment to excellence and extraordinary standards
Company Overview
ā¢ CMG Financial is a well-capitalized, privately held mortgage-banking firm. It was founded in 1993, and is headquartered in San Ramon, California, USA, with a workforce of 1001-5000 employees. Its website is http://www.cmgfi.com.
Apply Now
Apply Now