FHA Loss Analyst

This is a fully remote position, open to applicants in New Jersey.

📋 Description

• The Analyst will generate claims loss analysis reports on a weekly, monthly, or as required by management basis.

• Conduct loss analysis reviews to protect the servicer’s assets and ensure adherence to insurer requirements.

• Review and contest insurer curtailments for all government-insured filed claims, which may include conveyance, claims for advances, loss mitigation, and non-conveyance claims.

• Perform Quality Control reviews for Default Claims, including supplemental claims to minimize loss exposure and prepare loss analysis reports.

• Assist in gathering claims data for government claims audits, as well as reviewing auditor findings and providing rebuttal responses.

• Process monthly write-offs of remaining balances once all claims and supplemental funds have been received for an account.

• Serve as a subject matter expert for the claims department to ensure compliance with all claims filings.

• Communicate with vendors and site employees.

• Act as a point of contact/liaison to ensure adherence to policies and procedures regarding invoicing and remittance, including compliance with federal laws and regulations.

• Exhibit professional behavior and teamwork, and maintain punctuality, reliability, and compliance with Company policies and procedures.

• Ensure regular and punctual attendance.

⛳️ Requirements

• High School diploma or an equivalent qualification is required.

• A Bachelor’s Degree from a four-year College or University is preferred.

• A minimum of five years’ experience in the rebuttal of compensatory fees and curtailments, investor claims processing, auditing, and loss analysis reporting; or a comparable combination of education and experience.

• Strong familiarity with FHA, VA, and GSE claims guidelines.

• Excellent organizational skills.

• A keen attention to detail with a high degree of accuracy.

• Excellent communication skills.

• Strong analytical and problem-solving abilities.

• Ability to work effectively in a team environment.

• Capability to meet deadlines in a fast-paced setting.

• Proficient time management skills and task prioritization abilities.

• Experience with Microsoft Office and advanced knowledge of Excel.

• Ability to effectively present information to supervisors and others.

• Proficient in writing reports and correspondence.

• Competent in reading, analyzing, and interpreting documents such as technical journals, financial reports, legal documents, policies, and procedures.

• Ability to compute basic financial figures and amounts.

• Skilled in computer use and knowledgeable about word processing, spreadsheets, accounting, general ledger, accounts receivable, accounts payable, e-mail, and internet software.

• Ability to identify problems, collect data, establish facts, and draw valid conclusions.

• Capable of working with minimal supervision.

• Ability to meet critical departmental and federal deadlines with precision and efficiency.

• Strong relationship-building skills with both internal and external clients/vendors.

• Strong work ethic and business ethics.

🏝️ Benefits

• Paid Time Off (PTO)

• Medical insurance

• Dental insurance

• Vision insurance

• 401(k) plan with company matching

• Life insurance

• Long-term and short-term disability options

• Flexible Spending Account/Health Savings Account (FSA/HSA)

• Tuition reimbursement

• Additional voluntary benefits