Escrow Insurance Analyst

Palm Harbor Homes•Plano, TX

1d•Onsite

About The Position

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking an Escrow Insurance Analyst I. This in-person role is in our Plano, TX office. The Escrow Insurance Analyst I is instrumental in managing our customers’ escrow accounts from origination through loan payoff. This role involves processing escrow disbursements and managing accounts to comply with applicable laws and regulations.

Requirements

Strong attention to detail with a high degree of accuracy
Proven ability to identify, analyze, and resolve issues efficiently
Highly organized with strong multi-tasking and time management skills
Strong analytical and critical thinking abilities
Effective decision-making, customer service and problem-solving skills
Ability to prioritize efforts to achieve goals
Ability to collaborate with individuals across all levels
Consistently maintains a positive & professional demeanor
Demonstrates urgency and a strong sense of ownership in all activities
Self-motivated with the ability to work independently
BA/BS degree in accounting or finance required
Strong understanding of Microsoft Office Suite, specifically Excel

Responsibilities

Demonstrates the ability to complete and/or review insurance premium billings within required timelines
Identifies and rejects all paid off loans, non-serviced loans, and new fundings presented to us in insurance premium billings
Validates, pays, and updates loans for force placed insurance as premiums are billed
Effectively resolves situations where premiums are owed for duplicate policies, including contacting borrower when necessary and providing instruction to accounts receivable when refund checks are received
Submits complete and accurate journal entries within required timelines
Balances insurance premium billings against loan system disbursements and corrects discrepancies
Provides timely resolution to customer inquiries requiring specialized escrow knowledge
Consistently meets and exceeds individual, team and department objectives
Perform other duties and special projects as assigned
Backup Property Tax processing during tax busy season
Consistently process loan payoffs within the required 20 days
Process all upfront mortgage insurance premiums within 7 days of loan closing
Validate, pay, and update loans for private mortgage insurance (Genworth, MGIC, Arch, and USDA)
Manage the mortgage insurance cancellation process, including updating the servicing system, transmitting cancellations to the carriers, updating monthly payments when necessary, and drafting customer correspondence
Complete blackline journal entries timely with minimal rejections and with support that is excellent in terms of clarity/ease of review/audit readiness
Assist the Sr. Accountant in clearing reconciling items in the escrow disbursement clearing account (GL 2007)
Provides support to accounting team during compliance and financial audits