Job Description

Description

Position at loanDepot

Position Summary:

Responsible for monitoring third party insurance vendor to ensure all insurance bills are paid timely, adequate coverage is held on all properties, lender placed insurance procedures are followed properly, and that all investor guidelines are followed. Reviews, researches, and responds to internal and external email requests, inquiries and/or complaints. Responsible for the accurate payment of insurance exception items. This position ensures the performance of all duties in accordance with the company’s policies and procedures, all U.S. state and federal laws and regulations, wherein the company operates.  

Responsibilities:

• Reviews, researches, and clears any open items on all exception reports.  
• Monitors all open insurance and MI tasks on MSP.  
• Assists with the research and payment of insurance premiums collected at closing.  
• Requests and monitors approvals to pay insurance premiums on loans with disbursement stops.  
• Responsible for responding to internal and external email requests, inquiries and/or complaints.  
• Assists with incoming insurance mail, as needed.  
• Handles the processing of MI and BPMI disbursements and reconciliation, as needed.

Requirements:

• Experience in the Mortgage industry required. 
• Experience with Black Knight’s MSP servicing system required.  
• High School Degree/GED required and a minimum of two (2) + years’ experience working in a similar field. 

Why work for #teamloanDepot:

• Aggressive compensation package based on experience and skill set.
• Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
• Work with other passionate, purposeful, and customer-centric people.
• Extensive internal growth and professional development opportunities including tuition reimbursement.
• Comprehensive benefits package including Medical/Dental/Vision.
• Wellness program to support both mental and physical health.
• Generous paid time off for both exempt and non-exempt positions.

About loanDepot:

loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.

Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $24.52 and $33.65/hr. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.

We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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