[Remote] Analyst, Loss Analysis (USDA)
Note: The job is a remote job and is open to candidates in USA. Freedom Mortgage is seeking an Analyst for Loss Analysis to oversee the quality control, audit, and compliance of claims filed. This role involves ensuring claims meet investor and insurer requirements while minimizing the company's loss exposure through detailed analysis and reporting.
Responsibilities
- Complete loss analysis reviews to safeguard the servicer’s assets and insure compliance with insurer requirements
- Analyze and rebut insurer curtailments for all government insured filed claims, including but not limited to conveyance, claims for advances, loss mitigation and non conveyance claims
- Quality Control review for Default Claims, including supplemental claims to reduce loss exposure and provide loss analysis reports
- Assist in compiling claims data for government claims audits, in addition reviewing auditors findings and providing rebuttal responses
- Complete monthly write offs of remaining balances once all claims and supplemental funds received on an account
- Act as a subject matter expert to the claims department to insure compliance on all claims filings
- Correspond with vendors and site employees
- Act as a point of contact/liaison, ensuring that policies and procedures relating to invoicing and remittance are followed, including compliance with federal laws and regulations
- Demonstrates professional behavior and teamwork, is punctual, dependable and adheres to Company policies and procedures
- Ability to work necessary hours to ensure success
- Maintain regular and punctual attendance
Skills
- Strong understanding of FHA, VA and GSE claims guidelines
- Excellent organization skills
- Attention to detail with a high level of accuracy
- Excellent communication skills
- Analytical and Problem Solving skills
- Works well in a team environment
- Ability to meet deadlines in a fast paced environment
- Ability to manage time well and prioritize tasks
- Microsoft Office experience and advanced Excel knowledge
- Ability to effectively present information to supervisory, etc
- Ability to write reports and correspondence
- Ability to read, analyze and interpret documents such as technical journals, financial reports, legal documents, policies and procedures
- Ability to calculate basic financial figures and amounts
- Proficient in computer skills and knowledge of word processing, spreadsheet, accounting, general ledger, accounts receivable, accounts payable, e-mail and internet software
- Ability to define problems, collect data, establish facts, and draw valid conclusions
- Ability to work with little supervision
- Ability to meet critical departmental and federal timelines with accuracy and efficiency
- Ability to build relationships with both internal and external clients/vendors
- Strong work and business ethics
- High School diploma or equivalent required
- Minimum of five years of experience in the rebuttal of compensatory fees and curtailments process, investor claims processing, auditing and loss analysis reporting; or equivalent combination of education and experience
- An in-depth understanding of all government regulations pertaining to claims filing and reimbursement
- Bachelor's Degree from a Four (4) year College or University preferred
Company Overview
Company H1B Sponsorship
Apply To This Job