Unclassified

posted about 2 months ago

Full-time
1,001-5,000 employees

About the position

SWBC is seeking a talented individual to perform in-line quality control by reviewing, researching, and verifying all insurance updates and payments on escrow loans. This role interprets, sorts, and verifies the accuracy of pertinent insurance data. The individual will be responsible for making necessary outbound calls and/or researching insurance carrier websites to verify and update insurance coverage. Additionally, the role involves entering, editing, or modifying pertinent insurance and escrow payment data into AS400, LPS, Citrix, and FiServ database systems. In this position, you will help enhance overall operations quality by performing inline quality control before updates can be locked into the system. If you enjoy thinking analytically and working behind the scenes, this is the role for you. Essential duties include validating and/or correcting insurance updates and escrow disbursement information by reviewing the Billing Edit Report for all daily escrow accounts to ensure entries are accurate, complete, and adhere to department procedures. You will resolve escrow disbursement discrepancies by researching the loan and making outbound calls to the insurance agency/company to obtain required information. The role also requires disbursing insurance premium payments manually for all FiServ and WebServices clients, making necessary adjustments to insurance lines based on data found on reports, documents, or notes on AS400 history. You will review the Exception Report for discrepancies and update AS400, FiServ, or WebServices as needed to ensure the client receives updated and current information. Additionally, you will review the At-or-Near Expired Report to ensure all call attempts have been made and escrow payment information has been obtained to ensure timely processing of payments. The position also involves maintaining service level objectives for all task/CIT received from clients, processing Escrow Rush payment requests, and providing follow-up on every escrow loan that received a cancellation notice for non-payment or with an unknown cancellation reason listed. You will assist with keying escrow exceptions as needed and perform time-sensitive account maintenance before and after account processing cycles. Finally, you will enter updates to the pertinent insurance data into the computer system in a timely manner, ensuring accuracy, completeness, and adherence to department procedures, while performing data processing/customer service functions in support of the SWBC Escrow Tracking Program with the highest degree of accuracy, quality, and efficiency.

Responsibilities

  • Validates and/or corrects insurance updates and escrow disbursement information by reviewing the Billing Edit Report for all daily escrow accounts.
  • Resolves escrow disbursement discrepancies by researching the loan and making outbound calls to the insurance agency/company.
  • Disburses insurance premium payments manually for all FiServ and WebServices clients.
  • Makes necessary adjustments to insurance lines based on data found on reports, documents, or notes on AS400 history.
  • Reviews Exception Report for discrepancies and updates AS400, FiServ, or WebServices as needed.
  • Reviews the At-or-Near Expired Report to ensure all call attempts have been made and escrow payment information has been obtained.
  • Reviews the Follow-up Database and Reconciliation Database to ensure the loan is processed correctly.
  • Maintains service level objectives for all task/CIT received from clients.
  • Processes Escrow Rush payment requests received by email or WebServices Task function.
  • Provides follow-up on every escrow loan that received a cancellation notice for non-payment or with an unknown cancellation reason listed.
  • Assists with keying escrow exceptions as needed.
  • Performs time-sensitive account maintenance before and after account processing cycles.
  • Enters updates to the pertinent insurance data into the computer system in a timely manner ensuring accuracy, completeness, and adherence to department procedures.

Requirements

  • High School diploma or GED equivalent.
  • Minimum two (2) years of high-level data entry; researching, monitoring, and/or validating electronic files; or related experience.
  • Experience within the insurance, mortgage, or banking industry preferred.
  • Knowledge of mortgage escrow accounts or homeowners insurance.
  • Intermediate to advanced computer skills to include databases, Microsoft Access, and MS Excel.
  • Strong organizational and analytical skills with attention to detail.
  • Strong verbal and written communication skills.
  • Excellent customer service skills.
  • Able to type 35 WPM accurately.
  • Able to operate most general office machines.
  • Able to sit for long periods of time while validating and/or entering data, or performing other sedentary duties.
  • Able to lift 10-20 lbs. of reports or other documents.

Benefits

  • Competitive overall compensation package
  • Work/Life balance
  • Employee engagement activities and recognition awards
  • Years of Service awards
  • Career enhancement and growth opportunities
  • Leadership Academy and Mentor Program
  • Continuing education and career certifications
  • Variety of healthcare coverage options
  • Traditional and Roth 401(k) retirement plans
  • Lucrative Wellness Program
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service