The Claims Specialist is responsible for processing required claims to GSE (FNMA and FHLMC), Mortgage Insurance Companies, FHA, VA or other investors to recover advances incurred throughout the default process. Experience with FHA/VA claims is preferred. The Claims Specialist will file required claims; meet investor time frames, and complete audits of claims processes for validation. Responsibilities as well will entail tracking of claim payments received for proper application, and filing of any required supplemental claims as necessary, and respond regarding any contested claim information as required.
At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity , educate on equity , and create inclusive partner opportunities to ensure that you know #U Belong AtUHM!
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following but are not limited to;
Review, analyze, and ensure timely settlement of investor and mortgage insurance claims and manage aging claims to determine status and bring to closure and request extensions as needed.
Document and maintain all systems necessary for proper claim handling and follow-up.
Research issues and obtain proper supporting documentation in a timely manner as requested by investor or mortgage insurance company.
Manage application of all claim funds received and provide additional information as necessary in order to validate all available funds received prior to claim being closed.
Monitor claim process reports to ensure all required responses are timely filed.
Complete timely audits of all assigned claims to ensure all requirements have been met, and claim process can be validated.
Qualifications
OVERVIEW
At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity , educate on equity , and create inclusive partner opportunities to ensure that you know #U Belong AtUHM!
The Claims Specialist is responsible for processing required claims to GSE (FNMA and FHLMC), Mortgage Insurance Companies, FHA, VA or other investors to recover advances incurred throughout the default process. Experience with FHA/VA claims is preferred. The Claims Specialist will file required claims; meet investor time frames, and complete audits of claims processes for validation. Responsibilities as well will entail tracking of claim payments received for proper application, and filing of any required supplemental claims as necessary, and respond regarding any contested claim information as required.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following but are not limited to;
Review, analyze, and ensure timely settlement of investor and mortgage insurance claims and manage aging claims to determine status and bring to closure and request extensions as needed.
Document and maintain all systems necessary for proper claim handling and follow-up.
Research issues and obtain proper supporting documentation in a timely manner as requested by investor or mortgage insurance company.
Manage application of all claim funds received and provide additional information as necessary in order to validate all available funds received prior to claim being closed.
Monitor claim process reports to ensure all required responses are timely filed.
Complete timely audits of all assigned claims to ensure all requirements have been met, and claim process can be validated.
Supervisory Responsibilities
None.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education / Experience Requirements
Bachelor’s Degree in business related field or equivalent work experience.
Previous work with mortgage claim filing is a requirement.
Advanced skill with Microsoft Office, Outlook, Excel, etc.
Knowledge of YARDI, Property360, VALERI, USDA LINC and PAID preferred.
Strong interpersonal, written and verbal communication skills.
Ability to work in a fast-paced environment.
Effective problem solver and troubleshooter.
Skills
Data Entry Accuracy. Access, input, retrieve and interpret information using applicable computer systems (including but not limited to: Microsoft Office, Outlook, Excel, Lotus, etc.).
Subject Matter Expert in investor guidelines regarding claims and websites to file claims.
Above average customer service skills.
Organization Skills
Problem Solving/Critical Thinking
Analytical Skills
Ability to apply basic mathematical concepts such as adding, subtracting, multiplying and dividing.
Ability to utilize company equipment in the assigned areas (including but not limited to telephone, copiers, fax machines, computers, internet, etc.).
Very strong communication skills. Understand and respond appropriately to basic and complex inquiries.
Read, write and communicate using English language sufficient to perform job functions.
CERTIFICATES, LICENSES, REGISTRATIONS - None
This employer participates in E-Verify. If hired, the employer will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.
Equal Employment Opportunity Statement
Union Home Mortgage Corp. provides equal employment opportunities (EEO) to all
employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state and local laws. Union Home Mortgage Corp. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.
Union Home Mortgage Corp. expressly prohibits any form of unlawful employee harassment based on race, color, religion, gender, sexual orientation, national origin, age, genetic information, disability or veteran status. Improper interference with the ability of Union Home Mortgage Corp. employees to perform their expected job duties is absolutely not tolerated.
Seniority level
Entry level
Employment type
Full-time
Job function
Finance and Sales
Industries
Financial Services
Referrals increase your chances of interviewing at Union Home Mortgage Corp. by 2x