Loan Servicing Specialist
1 month ago
Job Summary:
We are seeking a highly skilled Loan Servicing Specialist to join our team at US Tech Solutions. The successful candidate will be responsible for managing and ensuring the timely and efficient servicing of commercial mortgage loans, with a focus on insurance-related matters.
Key Responsibilities:
- Review and analyze property and liability insurance policies, operating statements, and property appraisals to ensure compliance with loan documents, investor requirements, and internal policies.
- Manage and update data in the servicing system to reflect current insurance policy information.
- Monitor and manage the disbursement of insurance premiums for commercial mortgage loans.
- Collect and review documentation to ensure adequate insurance coverage for non-escrowed loans.
- Initiate and oversee forced place insurance coverage as needed.
- Administer casualty losses, including analyzing loss severity, arranging property inspections, and processing disbursement requests.
- Correspond with borrowers, insurance agents, and companies to resolve insurance-related issues.
Requirements:
- Minimum two years of broad-based commercial property insurance experience or a four-year college degree.
- Legal document review and interpretation experience.
- Extensive knowledge of commercial property insurance policies.
Preferred Qualifications:
- Commercial loan servicing experience.
- Four-year college degree.
- Commercial insurance agency or carrier work experience.
- Experience with McCracken/Strategy loan servicing system.
- Proficiency in word processing and spreadsheet software, such as Word and Excel.
About US Tech Solutions:
US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. We are an Equal Opportunity Employer and welcome applications from qualified candidates without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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