Insurance Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee a designated pipeline of mortgage loans throughout the post-closing review and resolution phase.

• Perform thorough evaluations of closed loan files to ensure adherence to underwriting standards, mortgage insurance, and regulatory compliance.

• Assess appraisals, credit reports, income documentation, and other relevant papers for precision and completeness.

• Examine loan files to pinpoint discrepancies, deficiencies, and possible compliance concerns.

• Investigate and rectify post-closing matters with agencies, lending institutions, brokers, borrowers, and internal teams.

• Analyze and interpret underwriting documentation along with automated underwriting system results, including DU and LP findings.

• Confirm that loan files align with mortgage insurance criteria prior to securing insurance.

• Collaborate with Underwriting, Operations, Quality Control, Closing, Post-Closing, and various internal teams.

• Utilize judgment when determining documentation, follow-up, and resolution strategies.

• Contribute to quality control efforts and identify recurring challenges and process enhancements.

• Stay updated on mortgage insurance requirements, underwriting guidelines, and industry standards.

• Undertake additional responsibilities and projects as necessary.

⛳️ Requirements

• High school diploma/GED or at least 3 years of relevant professional experience.

• Minimum of 1 year of experience with mortgage insurance requirements and guidelines.

• At least 1 year of experience with Encompass or a comparable mortgage loan origination system.

• Proficient in reading and interpreting DU and LP findings.

• Strong knowledge of mortgage loan documentation, underwriting standards, and post-closing procedures.

• Capable of analyzing loan files, identifying discrepancies, and determining the correct resolution steps.

• Excellent attention to detail with a proven commitment to accuracy and compliance.

• Ability to manage a designated pipeline while prioritizing multiple loans, issues, and deadlines concurrently.

• Strong problem-solving capabilities with a talent for researching issues and collaborating towards solutions.

• Ability to operate independently with minimal oversight while maintaining productivity and quality standards.

• Proficient written and verbal communication skills, enabling effective interaction with internal and external stakeholders.

• Ability to apply sound judgment and discretion when reviewing loan documentation and resolving exceptions.

• Flexible communication style suitable for effectively engaging with various audiences, including agencies, lenders, brokers, borrowers, and internal teams.

• Dedication to upholding a high level of integrity and confidentiality when managing mortgage loan information.

• Ability to exemplify and uphold eLEND's core values through everyday actions and decision-making.

• Availability to work in the PST/MST time zone.

🏝️ Benefits

• Comprehensive medical, dental, and vision coverage.

• 401(k) plan with company contribution of 1%.

• Paid time off and company holidays.

• Opportunities for professional development and career advancement.

• Access to tools, systems, and resources that promote operational excellence.

• A collaborative and growth-focused team environment.

• Exposure to new technologies and AI methodologies.

• Reasonable accommodations available as needed.