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CAM Claims Processor III

Description

.Broadleaf Results is looking for a CAM Claims Processor III for our client located in Getzville, NY.
  • Submits conventional claims, reviews losses, and reconciles loans for final booking by Default Accounting. Reviews claims filed for accuracy.
  • Monitor daily reports outlining workflow and processing needed.
  • Understand difference between the claim types: Short Sales, Foreclosure Claims, Third Party Claims, Charge Off, Security Claims, Loss Mitigation Claims, and Deed in Lieu Claims.
  • Process/file claims according to investor/insurer/statutory & regulatory guidelines within assigned service level agreements.
  • Review and ensure all invoices are included with the claim.
  • Research loan history for advances and deposits.
  • Contact various internal departments for clarification on advances.
  • Review and Consult with the Mortgage Insurance department regarding refunds. Review and consult with the Hazard department on the disbursement of hazard insurance proceeds. Determine if refunds are needed.
  • Respond to attorney loan level requests.
  • Ensure system is updated accurately before moving the loan to the next phase of the Claim process.
  • Review claims completed by processors for accuracy and submits to investor.
  • Work with Foreclosure, Loss Mitigation, Bankruptcy, Evictions, Collections, Property Preservation, and others to reconcile the losses/book the losses.
  • Reconcile loans for final loss allocation, approving the loss amounts. Reconcile loans for final refunds to investor or prior servicer.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the Client Bank brand.
  • Maintain Client internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
  • This position interacts with internal Client Bank departments and external third-party Attorney Firm vendors
  • Requirements

    .Required Skills / Qualifications:
  • A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Default experience.
  • Preferred Skills / Qualifications:
  • 5 years’ Default experience.
  • Full processing knowledge of all disposition types.
  • Knowledge of Client Bank systems.
  • Organized and detail oriented.
  • Strong verbal and written communication skills.
  • Strong customer service skills.
  • Go Beyond. www.superiorjobs.com.
    EEO Employer - Minorities / Females / Disabled / Veterans / Sexual Orientation / Gender Identity.

    Job Snapshot

    Location US-NY-Getzville
    Employment Type Full-Time
    Pay Type Year
    Pay Rate N/A
    Store Type Accounting
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    Company Overview

    Acara Solutions

    Acara understands that finding that rewarding next step along your career path can be challenging. We also understand the legwork that goes into being your career advocate. Our award-winning recruiters focus on the candidate experience, getting to know you and your goals, both long- and short-term. They get to know your skills and your growth trajectory so that they not only can represent you in front of our more than 1,000 customers with opportunities across North America, but also connect you with the best-fit role. After all, optimal workforce experiences come when employees are matched with companies who need—and value—their skills and contributions. Learn More

    Contact Information

    US-NY-Getzville
    Angel Ning
    Snapshot
    Acara Solutions
    Company:
    US-NY-Getzville
    Location:
    Full-Time
    Employment Type:
    Year
    Pay Type:
    N/A
    Pay Rate:
    Accounting
    Store Type:

    Description

    .Broadleaf Results is looking for a CAM Claims Processor III for our client located in Getzville, NY.
  • Submits conventional claims, reviews losses, and reconciles loans for final booking by Default Accounting. Reviews claims filed for accuracy.
  • Monitor daily reports outlining workflow and processing needed.
  • Understand difference between the claim types: Short Sales, Foreclosure Claims, Third Party Claims, Charge Off, Security Claims, Loss Mitigation Claims, and Deed in Lieu Claims.
  • Process/file claims according to investor/insurer/statutory & regulatory guidelines within assigned service level agreements.
  • Review and ensure all invoices are included with the claim.
  • Research loan history for advances and deposits.
  • Contact various internal departments for clarification on advances.
  • Review and Consult with the Mortgage Insurance department regarding refunds. Review and consult with the Hazard department on the disbursement of hazard insurance proceeds. Determine if refunds are needed.
  • Respond to attorney loan level requests.
  • Ensure system is updated accurately before moving the loan to the next phase of the Claim process.
  • Review claims completed by processors for accuracy and submits to investor.
  • Work with Foreclosure, Loss Mitigation, Bankruptcy, Evictions, Collections, Property Preservation, and others to reconcile the losses/book the losses.
  • Reconcile loans for final loss allocation, approving the loss amounts. Reconcile loans for final refunds to investor or prior servicer.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the Client Bank brand.
  • Maintain Client internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
  • This position interacts with internal Client Bank departments and external third-party Attorney Firm vendors
  • Requirements

    .Required Skills / Qualifications:
  • A combined 4 years’ higher education and/or work experience, including a minimum of 2 years’ Default experience.
  • Preferred Skills / Qualifications:
  • 5 years’ Default experience.
  • Full processing knowledge of all disposition types.
  • Knowledge of Client Bank systems.
  • Organized and detail oriented.
  • Strong verbal and written communication skills.
  • Strong customer service skills.
  • Go Beyond. www.superiorjobs.com.
    EEO Employer - Minorities / Females / Disabled / Veterans / Sexual Orientation / Gender Identity.
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    CAM Claims Processor III Apply now