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Mortgage Insurance Analyst
Career Insights for Insurance Underwriter (General)
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Scorecard
Based on Virginia data
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$78,788 / year median in Virginia
-7% projected decline
Job Description
salary:
$30 - $36 per hourshift: Firstwork hours: 8 AM - 5PMeducation:
BachelorsResponsibilities Main point of contact on insurance questions, coverage requirements, and investor guidelines. Pursue and obtain invoices, paid receipts, and evidence of insurance on the assigned portfolio within 30 days of insurance renewal. Review Investor insurance guidelines and loan documents to establish baseline requirements. Review Loan Documents, Appraisals, Engineering, Seismic, and Phase I Environmental Reports to determine loan-specific insurance requirements. Perform annual review of insurance certificates, policies, statement of values and invoices to determine compliance with Investor guidelines. Process Insurance waivers/Exceptions with supporting documentation for non-compliant insurance issues. Responsible for maintaining insurance data in the Enterprise servicing system and Sales Force as applicable. Prepare and submit Lender reports as required from time to time. Obtain an understanding of the insurance casualty provision and claim process. Work with and assist the Servicing Insurance Front-End division as needed.SkillsMortgageInsuranceQualificationsYears of experience:
2 yearsExperience level: ExperiencedRandstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.Equal Opportunity Employer:
Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).This posting is open for thirty (30) days.
Benefits
- 401(k) Plans
- Dental Insurance
- Disability Insurance
- Life Insurance