Loan Insurance Coordinator

1 month ago


Ozark, Arkansas, United States Bank OZK Full time
Job Summary

Bank OZK is seeking a highly skilled Loan Insurance Specialist to join our team. As a Loan Insurance Specialist, you will be responsible for performing a variety of administrative duties and daily back office loan functions.

Key Responsibilities
  1. Process and prepare monthly invoicing from service providers and Banks Insurance serving vendor.
  2. Post insurance premiums, refunds, and waived interest.
  3. Determine customers' new payment to collect lender-placed insurance premium.
  4. Send correspondence to customers concerning revised payment.
  5. Facilitate communication between Banks lending staff and insurance vendor.
  6. Respond to requests from Banks lenders and support staff.
  7. Generate accurate and timely weekly reports for insurance vendor.
  8. Generate monthly reports and remit monthly premiums to DGU Insurance and VSI premiums to insurance vendor.
  9. Perform timely and accurate flood reviews on loans.
  10. Track insurance for RESG loans, working with Asset Managers and/or Insurance Consultants.
  11. Handle customer calls and research items for problem resolution.
  12. Produce accurate, thorough, and timely work, meeting commitments and following policies and procedures.
  13. Maintain good punctual attendance at work.
  14. Adhere to all Bank policy, practice, and procedure.
Requirements
  1. High school diploma or equivalent.
  2. Minimum of one (1) year experience in using computer programs and/or desktop applications, including Microsoft Word and Excel.
Working Conditions

Operate customary equipment and technology used in a business environment, with or without accommodation.

Bank OZK is an equal opportunity employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, disability status, protected veteran status, or any other characteristic protected by federal, state, and local law. Member FDIC.



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