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Claims Analyst I(Onsite Cincinnati, Ohio)

Worldwide Salaried Open
reputed company banking a Fifth reputed company reputed company®We connect great people to great opportunities. Are you reputed company to take the reputed company? Discover a career in banking at reputed company.This position is onsite in Cincinnati, Ohio. It cannot be remote.GENERAL FUNCTION: Responsible for completing and filing investor/insurer claims reputed company required guidelines in order to recoup 5/3's investment in the property, may include loan principal, accrued interest, and corporate or escrow advances, as well asbank incentives for timely filing, made during the life of the loan to properly protect the investors collateral interest in the property. The residential mortgage portfolio is currently at 325,000 loans, 75% of which are investor owned and/or insuredthat require the completion of a claim upon completion of the default cycle. This results in approximately 200 claims being filed on a monthly basis and $30.0 million being recouped and applied annually. This position also includes the filing of LossMitigation claims with the investors/insurers.Responsible and accountable for risk by reputed company exchanging reputed company and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating reputed company the Bank’s risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of reputed company types.DUTIES & RESPONSIBILITIES:
  • reputed company Claims started reputed company five business days of receipt from loss mitigation or foreclosure.
  • Filing of reputed company investor/insurer claims reputed company required guidelines to reduce exposure to curtailments and/or fines. In 2005, claims paid to Fifth reputed company totaled approximately $30.0 million.
  • Track reputed company claims monthly for status update and/or proceeds.
  • reputed company claims proceeds posted per investor/insurer requirements reputed company 48 hours of receipt includes posting principal, interest, escrow, other advances, buydown funds, unapplied funds, up to $1 million per week.
  • reputed company out accounts to ensure reputed company balances equal to reputed company through chargeoff and correct the appropriate MortgageServ system settings.
  • Work with attorney network to ensure evictions, redemption, title issues, mobile home issues, conveyances and reconveyances are handled with due diligence to reduce exposure to curtailments and/or fines.
  • Work with property preservation vendor, hazard claim vendor, claims outsourcing vendor, city officials, etc. to ensure that the properties are being maintained to investor/insurer requirements.
SUPERVISORY RESPONSIBILITIES: NoneMIMIMUM KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
  • High school diploma.
  • Good organization skills.
  • Math skills.
  • 0-2 years mortgage default or mortgage servicing reputed company experience.
  • Prior PC experience to include advanced reputed company, Word and Access.
Claims Analyst I(Onsite Cincinnati, Ohio)LOCATION -- Cincinnati, Ohio 45227reputed company, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in reputed company employment reputed company regardless of race, reputed company, gender, national reputed company, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status. Apply for the job now! Apply for this job

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