Escrow Payments Coordinator

Allied Solutions, LLC; United States; On-site; USD 42,000 - 65,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

Company-paid life and disability

401k options with company match

Three weeks PTO

Job summary

Allied Solutions, LLC is seeking an Escrow Payments Coordinator to develop client relationships and ensure timely, accurate escrow premium payments and related reports. The role involves analyzing internal reports to verify collateral insured status and coordinating with clients, field, and internal operations to communicate service delivery status.

Responsibilities include analyzing premium reports, auditing processing of collateral protection reports, and maintaining timely, accurate

Qualifications

• High School Diploma is required.
• Associate’s degree in a related field is preferred.
• 3–4 years of directly related work experience is required.

Responsibilities

• Analyze escrow premium reports for accuracy to ensure premiums are processed correctly.
• Audit and timely process collateral protection reports, notices and certificates to mitigate loss and ensure compliance.
• Communicate with clients and internal teams on day-to-day portfolio questions.
• Identify and communicate opportunities for improvements in client loan data and insurance data processing.

Skills

Client communication

Analytical thinking

Attention to detail

Education

High School Diploma

Associate’s degree in related field

Job description

As an Escrow Payments Coordinator, your primary responsibilities include the development of client relationships and ensuring the timeliness and accuracy of escrow premium payments, associated reports provided to clients, and notifications sent to financial institution borrowers. An Escrow Payment Coordinator must be able to objectively analyze internal reports to ensure the clients’ collateral are insured adequately and communicate with the client, field, and internal operations departments the overall status of the service delivery.

Job Duties and Responsibilities

• Analyze Premium Reports (50%): Analyze escrow premium reports for accuracy so that each insurance premium payment is processed by the client for submission to the carriers so that properties remain insured from potential losses.
• Maintain Accurate and Timely Processing (20%): Audit for accuracy and execute the processing of clients’ Collateral Protection Insurance reports, notices and certificates in a timely and accurate manner so that exposure to loss is mitigated and compliance with industry regulations maintained.
• Communicate Effectively (15%): Professionally consult and communicate with clients and internal employees on day-to-day operational or client portfolio questions.
• Assess Opportunities for Improved Processes (15%): Assess and communicate to management any discrepancies or opportunities for improvement in regard to each client’s loan data processing and insurance data processing.
• Other responsibilities as assigned.

Qualifications (Education, Experience, Certifications & KSA)

• High School Diploma required
• Associate’s degree in a related field preferred
• 3-4 years of directly related work experience required

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.

Benefits

• medical, dental and vision insurance coverage
• 100% company-paid life and disability coverage
• 401k options with company match
• three weeks PTO by the end of the first year
• much more

Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization. Allied has been ranked by Forbes as one of America’s Best Midsize Employers. Allied's customer service team has received the Center of Excellence certification by BenchmarkPortal for eight consecutive years. And in 2022, Allied was honored with a Spirit United award, acknowledging our 13-year relationship with United Way of Central Indiana. As Allied continues to expand into new markets and reach new clients, opportunities to join the company and advance your career grow as well. Allied continually invests in learning and development resources to help you build new skills and advance your career. Come grow with us!

All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Allied Solutions roles are listed with Job Category beginning with ALD.