Insurance & Loss Draft Supervisor - Remote

Overview

The Insurance Administration & Loss Draft Supervisor will be responsible for the management of property insurance monitoring and disbursing, lender placed insurance processes, and loss draft administration. The insurance and loss draft administration team (not limited to) manages property insurance disbursements, monitors insurance policies for adequate coverage, oversees the lender placed insurance notification process, and administers hazard claim and loss draft processes. This person will ensure insurance and loss draft duties are completed in accordance with regulatory requirements. This person is an industry expert who must have significant experience, knowledge, and understanding of escrow operations and administration as it relates to mortgage servicing. This individual will manage the training, staffing, and performance of their operational teams. This role involves ensuring compliance with regulatory requirements, optimizing operational processes, leading a team of escrow servicing professionals, and collaborating with other departments to deliver exceptional service.

In Short

• Oversee the hiring of the operational team.
• Lead and manage the insurance and loss draft administration team.
• Implement performance goals and objectives for the team.
• Foster a positive and collaborative work environment.
• Oversee tracking, monitoring, and disbursing insurance related to mortgage loans.
• Manage loss draft funds for mortgage loans.
• Serve as a subject matter expert in insurance and loss draft.
• Ensure compliance with State, Federal, Regulatory, and Investor Requirements.
• Prepare and generate reports related to insurance and loss draft.
• Collaborate with other departments to resolve cross-functional issues.

Requirements

• Proven experience in end-to-end insurance and loss draft operations.
• Knowledge of insurance and loss draft processes and regulations.
• Ability to have a cross-functional impact across servicing operations.
• Experience in navigating high-risk examinations.
• Highly organized, reliable, and results-driven.
• Proficient in Microsoft Office and call center software.
• Excellent communication skills both written and verbal.
• Ability to work independently and as part of a team.
• Commitment to excellence and extraordinary standards.

Benefits

• Competitive salary ranging from $90,000 to $95,000.
• Opportunities for professional development.
• Collaborative work environment.
• Potential for remote work for the right candidate.