Escrow Insurance Analyst

Palm Harbor Homes; Plano (TX); On-site; USD 45,000 - 60,000; Full time

Benefits offered by this job

Competitive Salary

Medical/Dental/Vision Insurance

Paid Holidays

401K Match

Generous PTO

FSA/HSA Plans

Life/Disability Insurance

Job summary

CountryPlace Mortgage in Plano, TX is seeking an Escrow Insurance Analyst I to manage escrow accounts from origination through loan payoff. This in-person role supports hazard insurance processing, mortgage insurance, taxes, payoff and accounting operations.

You will process premiums, manage force-placed insurance, prepare journal entries, and provide timely responses to customer inquiries with meticulous attention to detail and ownership.

Qualifications

• BA/BS degree in accounting or finance is required.
• Strong attention to detail and accuracy.
• Proficient in Microsoft Excel and Office Suite.
• Ability to analyze, resolve issues, and prioritize work.

Responsibilities

• Hazard Insurance Processing and review of premium billings.
• Process force placed insurance and related journal entries.
• Resolve duplicate premium issues with borrowers and AR.
• Balance insurance billings with loan disbursements.
• Provide timely responses to customer inquiries with escrow knowledge.
• Assist with accounting reconciliations and audits.
• Support tax and payoff processing as part of escrow duties.

Skills

Attention to detail

Issue analysis

Organizational skills

Analytical thinking

Decision-making

Prioritization

Cross-functional collaboration

Professional demeanor

Ownership & accountability

Independence

Education

BA/BS in accounting or finance

Tools

Microsoft Excel

Job description

About The Role

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking an

Essential Duties & Responsibilities

Hazard Insurance Processing

• Demonstrates the ability to complete and/or review insurance premium billings within required timelines
• Identifies and rejects all paid off loans, non-serviced loans, and new fundings presented to us in insurance premium billings
• Validates, pays, and updates loans for force placed insurance as premiums are billed
• Effectively resolves situations where premiums are owed for duplicate policies, including contacting borrower when necessary and providing instruction to accounts receivable when refund checks are received
• Submits complete and accurate journal entries within required timelines
• Balances insurance premium billings against loan system disbursements and corrects discrepancies
• Provides timely resolution to customer inquiries requiring specialized escrow knowledge
• Consistently meets and exceeds individual, team and department objectives
• Perform other duties and special projects as assigned

About The Role

CountryPlace Mortgage, a leading nationwide personal property, mortgage and commercial lender headquartered in Plano, TX, is seeking an Escrow Insurance Analyst I. This in-person role is in our Plano, TX office. The Escrow Insurance Analyst I is instrumental in managing our customers’ escrow accounts from origination through loan payoff. This role involves processing escrow disbursements and managing accounts to comply with applicable laws and regulations.

Essential Duties & Responsibilities

Hazard Insurance Processing

• Demonstrates the ability to complete and/or review insurance premium billings within required timelines
• Identifies and rejects all paid off loans, non-serviced loans, and new fundings presented to us in insurance premium billings
• Validates, pays, and updates loans for force placed insurance as premiums are billed
• Effectively resolves situations where premiums are owed for duplicate policies, including contacting borrower when necessary and providing instruction to accounts receivable when refund checks are received
• Submits complete and accurate journal entries within required timelines
• Balances insurance premium billings against loan system disbursements and corrects discrepancies
• Provides timely resolution to customer inquiries requiring specialized escrow knowledge
• Consistently meets and exceeds individual, team and department objectives
• Perform other duties and special projects as assigned

Property Tax Processing

• Backup Property Tax processing during tax busy season

Payoff Processing

• Consistently process loan payoffs within the required 20 days

Mortgage Insurance Processing

• Process all upfront mortgage insurance premiums within 7 days of loan closing
• Validate, pay, and update loans for private mortgage insurance (Genworth, MGIC, Arch, and USDA)
• Manage the mortgage insurance cancellation process, including updating the servicing system, transmitting cancellations to the carriers, updating monthly payments when necessary, and drafting customer correspondence

Accounting Operations

• Complete blackline journal entries timely with minimal rejections and with support that is excellent in terms of clarity/ease of review/audit readiness
• Assist the Sr. Accountant in clearing reconciling items in the escrow disbursement clearing account (GL 2007)
• Provides support to accounting team during compliance and financial audits

Position Requirements, Capabilities & Skills

• Strong attention to detail with a high degree of accuracy
• Proven ability to identify, analyze, and resolve issues efficiently
• Highly organized with strong multi-tasking and time management skills
• Strong analytical and critical thinking abilities
• Effective decision-making, customer service and problem-solving skills
• Ability to prioritize efforts to achieve goals
• Ability to collaborate with individuals across all levels
• Consistently maintains a positive & professional demeanor
• Demonstrates urgency and a strong sense of ownership in all activities
• Self-motivated with the ability to work independently

Minimum Qualifications

• BA/BS degree in accounting or finance required BA/BS degree required
• Strong understanding of Microsoft Office Suite, specifically Excel

WE OFFER

• Competitive Salary
• Medical/Dental/Vision Insurance
• Paid Holidays
• 401K Match
• Generous PTO
• FSA/HSA Plans
• Life /Disability/Accidental Insurance and much more!