FHA Loss Analyst

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

📋 Description

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

• Analyze and counter insurer curtailments for government-insured filed claims, encompassing conveyance, claims for advances, loss mitigation, and non-conveyance claims.

• Execute quality control reviews for default claims, including supplemental claims to minimize loss exposure.

• Generate weekly, monthly, or management-requested claims loss analysis reports.

• Aid in the compilation of claims data for government claims audits.

• Examine audit findings and deliver rebuttal responses.

• Complete monthly write-offs of outstanding balances once all claims and supplemental funds have been received.

• Serve as a subject matter expert for the claims department regarding compliance in claims filing.

• Communicate with vendors and site personnel.

• Act as a point of contact and liaison for invoicing and remittance policies and procedures.

• Perform additional related duties as assigned.

• Maintain consistent and timely attendance and work the necessary hours to ensure success.

⛳️ Requirements

• High School diploma or equivalent is required.

• A minimum of five years of experience in disputing compensatory fees and curtailments, processing investor claims, auditing, and loss analysis reporting; or an equivalent combination of education and experience.

• Strong knowledge of FHA, VA, and GSE claims guidelines.

• Exceptional organizational skills.

• Keen attention to detail with a high degree of accuracy.

• Outstanding communication skills.

• Strong analytical and problem-solving abilities.

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

• Proficiency in time management and task prioritization.

• Experience with Microsoft Office and advanced knowledge of Excel.

• Ability to write reports and correspondence effectively.

• Proficient in word processing, spreadsheet, accounting, general ledger, accounts receivable, accounts payable, email, and internet software.

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

• Strong work ethic and business ethics.

• Comprehensive understanding of all government regulations related to claims filing and reimbursement.

• A Bachelor's Degree from a four-year college or university is preferred.

🏝️ Benefits

• PTO

• Medical insurance

• Dental insurance

• Vision insurance

• 401(k) plan with company match

• Life insurance

• Long-term disability options

• Short-term disability options

• FSA/HSA

• Tuition reimbursement

• Other voluntary benefits