Collateral & Insurance Administrator II

Bank of America; Jacksonville (TX); Vor Ort; USD 60.000 - 90.000; Vollzeit

Zusammenfassung

United States Digital Space LLC is seeking a detail-oriented Collateral Insurance Administrator II who will support ongoing management of insurance requirements for loan portfolios. You will review collateral, determine insurance needs, monitor compliance, process renewals, and coordinate lender-placed insurance when coverage gaps exist.

You will collaborate with internal partners, borrowers, brokers, and vendors to ensure collateral remains protected and compliant with Bank and regulatory

Qualifikationen

• Two years in Real Estate Lending Operations or Property and Casualty Insurance industries.
• Strong attention to detail with the ability to analyze insurance and loan documents.
• Excellent organizational and time management skills in a high-volume environment.
• Strong written and verbal communication skills with the ability to research issues.

Aufgaben

• Review collateral records and loan documentation to determine insurance requirements.
• Monitor insurance coverage for portfolios to ensure regulatory compliance.
• Review policies, renewals, certificates, and documentation for adequacy of coverage.
• Identify insurance deficiencies and communicate corrective actions to borrowers and agents.
• Generate and issue insurance notifications, renewal requests, and deficiency letters.
• Manage renewal tracking and follow-up to ensure acceptable coverage.
• Coordinate lender-placed insurance (LPI) placement, maintenance, and cancellation.
• Update insurance information within systems of record and perform quality reviews.

Kenntnisse

Attention to Detail

Communication

Risk Management

Data Entry

Microsoft Excel

Team Collaboration

Process Improvement

Ausbildung

High School Diploma

Tools

CreditCenter

LoanIQ

EDR

Jobbeschreibung

United States Digital Space LLC is seeking a detail-oriented Collateral Insurance Administrator II who will support ongoing management of insurance requirements for loan portfolios. You will review collateral, determine insurance needs, monitor compliance, process renewals, and coordinate lender-placed insurance when coverage gaps exist.

You will collaborate with internal partners, borrowers, brokers, and vendors to ensure collateral remains protected and compliant with Bank and regulatory