Special Credits Insurance Control Officer I, II, III

Global Credit Union • Anchorage, AK

7d

About The Position

This role is responsible for controlling adverse actions associated with credit union collateral. The officer will maintain records and ensure adherence to department procedures for various aspects of collateralized loans, including secretions claims, protection of collateral when impounded, member and insurance company contact during total loss claims, refunds for repossessed collateral, and Collateral Protection Insurance damage and reimbursement claims. The position also involves administrative functions for the Collateral Protection Insurance program, such as processing claims, premiums, refunds, billings, file maintenance, and posting. Additionally, the officer will manage records for proof of insurance or insurance cancellations and applicable refunds within Special Credits. Other duties as assigned.

Requirements

• High school diploma or equivalent.
• Good written and verbal communication skills.
• Knowledge of laws and regulations involving repossession, foreclosures and insurance claim processing preferred.

Nice To Haves

• Knowledge of laws and regulations involving repossession, foreclosures and insurance claim processing.

Responsibilities

• Comply with federal, state and local laws and credit union procedures and practices regarding adverse actions involving credit union collateral.
• Maintain records and adherence to department procedures and practices for secretions claims for collateralized loans.
• Maintain records and adherence to department procedures and practices for protection of credit union collateral when impounded by private or public agencies.
• Maintain records and adherence with department procedures and practices for member and insurance company contact during total loss claims involving credit union collateral.
• Maintain records and adherence with department procedures and practices for refund of After Market Products for repossessed collateralized loans.
• Maintain records and adherence with department procedures and practices for Collateral Protection Insurance damage and reimbursement claims for repossessed collateral.
• Perform administrative functions necessary to support Collateral Protection Insurance program to include, but not limited to processing claims, premiums, refunds, billings, file maintenance and posting.
• Maintain records and adherence with department procedures and practices for proof of insurance or insurance cancellations letters received by member(s) and applicable refunds amounts within Special Credits.
• Perform other duties as assigned.

Benefits

• Short-term and long-term incentives
• Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
• 401(k) plan with a 5% match
• Employee Assistance Program (EAP)
• Life and disability coverage
• Voluntary cash benefits for accident, hospitalization and critical illness
• Tuition Reimbursement
• Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED