Loan Insurance Specialist

2 days 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
  • Assist insurance vendors and provide support to the Bank's lending staff with insurance matters.
  • Perform flood reviews in a professional and accurate manner according to policy and procedures.
  • Provide accurate and timely audit, processing, and payment preparation of monthly invoicing from service providers and Bank's Insurance serving vendor.
  • Post insurance premiums, refunds, and waived interest.
  • Determine customer's new payment to collect lender-placed insurance premium.
  • Send correspondence to customers concerning revised payment.
  • Facilitate communication between Bank's lending staff and insurance vendor.
  • Respond to requests from Bank's lenders and support staff.
  • Generate accurate and timely weekly reports for insurance vendor.
  • Perform timely and accurate flood review on loans.
  • Track insurance for RESG loans, which includes working with Asset Managers and/or Insurance Consultants.
  • Handle customer calls and research items for problem resolution.
Requirements
  • High school diploma or equivalent.
  • Minimum of one (1) year experience in using computer programs and/or desktop applications, including Microsoft Word and Excel.
Working Conditions

The Loan Insurance Specialist will operate customary equipment and technology used in a business environment, with or without accommodation.

Equal Employment Opportunity

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.



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