Position Summary
CRFS is seeking a Loss Analysis Specialist who will be responsible for evaluating mortgage insurance claims and determining the avoidable and unavoidable losses relative to claimed amounts. This service helps our clients to recognize and recover additional funds by identifying opportunities to file supplemental claims while remaining in compliance with HUD and other regulations. The individual will work with the leadership team under general direction. This individual will perform their job function in accordance with the company’s policies and procedures, and regulations within which the company operates. This is a fully remote position.
Essential Duties & Responsibilities
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Determine the root cause for all avoidable losses and analyze multiple types of data
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Prepare Loss Analysis Report that outlines the avoidable and unavoidable loss and cause of all avoidable loss and bill backs to clients
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Analyze information to identify and illustrate potential trends, service level risks, and regulatory risks
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Perform review of claim files to monitor for supplemental claims possibilities
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Keep up to date with all client specific service requirements and revisions
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Minimum of three years of hands on experience with FHA claim types including the following: Part B-E, PFS, CWCOT, SFLS and Supplementals
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Knowledge of title process and title resolution, payments from HUD, interest calculations, allowable for all claimable items
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Ability to access and maneuver through HUD clips, p260, and image systems such as Docuware and Lock Path preferred.
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Strong skills in Microsoft Office platforms (Word, Excel etc.)
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Experience working with investor’s insurers, attorneys, banks, and servicers is preferred
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Experience in working in default service in key areas of foreclosure, bankruptcy, loss mitigation, escrow, default cash and cashier MSP is also preferred
Work Requirements
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Ability to handle high volumes of work while maintaining quality
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Ability to meet specific goals as well as prioritize, organize, and accomplish work
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Ability to adapt in the workplace
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Ability to communicate professionally
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Ability to accept and provide feedback effectively
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Ability to maintain a high level of confidentiality
