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Claims Specialist - Virginia Beach, VA

   Closing Date: June 27, 2011

Company:LoanCare and ServiceLink Loss Mitigation Services
Virginia Beach, VA
Job Location: Virginia Beach , VA (Virginia Beach City County)
Employment Type:Full Time
Department:Other
Salary Range:Commensurate with experience
Benefits:Competitive salary, full benefits package and career advancement.

Description:

LoanCare, a division of FNF Servicing, Inc., has an immediate opening for a Claims Specialist. The Claims Specialist will request reimbursement for foreclosure, REO and/ or loss mitigation expenses advanced and escrow advances on behalf of investors and/ or clients.

Duties:

  • Prepare foreclosure and loss mitigation claims adhering to government, agency and MI guidelines within allowable timeframes.
  • Update appropriate workstations for claim filings.
  • Follow up and track payments of filed claims and maintain clear records and report for management review regarding claims filed, non-recoverable items, charge backs and charge offs.
  • Make payment decisions per investor/ client guidelines to complete system tasks for tax, insurance and cash approvals daily as needed.
  • Prepared files for external and internal audits.
  • Draft written correspondence to agencies, officers, vendors and clients as needed.
  • Able to react to change productively and handle other essential tasks as assigned.

Qualifications:

  • Minimum of 1 year work experience in the legal field or default mortgage servicing.
  • Working knowledge of accepted business practices in the mortgage industry and or strong understanding of claims process.
  • Good analytical, written and verbal communication skills.
  • LPS-MSP (Mortgage Servicing Platform) experience preferable, but not necessary.
  • Knowledge of Microsoft office- Excel and Word.
  • High School diploma or GED.
  • Six (6) months job-related course work or paralegal studies.
  • Working knowledge of claims processing preferable.

 ~cb~

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