Insurance Escrow Analyst: Timely Payments & Compliance

River Run Services LLC

Newburyport (MA)

On-site

USD 65,000 - 90,000

Full time

5 days ago
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Job summary

River Run Services LLC is seeking an Insurance Escrow Specialist in Newburyport, MA to ensure accurate management of escrow accounts and timely processing of insurance, PMI payments, and regulatory compliance. The role includes Preparing monthly and quarterly reports on flood tracking and insurance status, and coordinating with investor guidelines.

The candidate should have at least 5 years of lending-related experience, a high school diploma, and strong attention to detail with excellent

Qualifications

  • Minimum of 5 years of experience in a professional office environment within a lending-related function, preferably escrow.
  • Strong customer service skills and attention to detail.
  • Ability to work independently and as part of a team.

Responsibilities

  • Completes annual escrow analyses for loans to ensure regulatory compliance.
  • Manages insurance and PMI payments and tracks open insurance loss proceeds.
  • Reviews PMI cancellation requests and flood insurance at renewal to ensure coverage.
  • Monitors property insurance status and force-placement processes with Insurance Tracking Service.
  • Supports quarterly flood tracking and reporting to Compliance Committee.
  • Stays current on bank products, procedures, and regulatory requirements through training.
  • Ensures adherence to laws and bank policies, preventing violations and safeguarding interests.
  • Verifies transactions and balances in line with BSA and regulations.

Skills

Customer service
Attention to detail
Teamwork

Education

High school diploma

Tools

Word processing
Spreadsheet

Job description

River Run Services LLC is seeking an Insurance Escrow Specialist in Newburyport, MA to ensure accurate management of escrow accounts and timely processing of insurance, PMI payments, and regulatory compliance. The role includes Preparing monthly and quarterly reports on flood tracking and insurance status, and coordinating with investor guidelines.

The candidate should have at least 5 years of lending-related experience, a high school diploma, and strong attention to detail with excellent

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