Insurance Verification Specialist

Allied Solutions; Dakota Dunes (SD); On-site; USD 40,000 - 52,000; Full time

Job summary

Allied Solutions is seeking a Validation Specialist I to perform outbound calls to Insurance Agents and Regional offices to verify loan collateral coverage for auto and mortgage loans.

You will research insurance documents and carefully document loan histories to aid lenders. The role requires meeting speed and quality targets while maintaining confidentiality and professional communication.

Qualifications

• High school diploma or equivalent required.
• Clear, concise and effective oral communication; accurate written communication.
• Ability to identify, analyze and resolve problems.
• Ability to multitask and meet deadlines.
• Self-prioritize with strong organizational workflow skills.
• Data entry and keyboard proficiency.
• Ability to work independently and in a team, with professional interactions.

Responsibilities

• Verifications (50%): perform outbound calls to insurance agents/regional offices to verify loan collateral coverage.
• Research (20%): read and understand insurance documents for auto and mortgage loans.
• Verify and document thoroughly in loan history for lenders to understand.
• Accounts per hour (10%): achieve 10 accounts per hour via website verifications and calls.
• Quality (10%): maintain 90%+ quality on audits and report learning opportunities to management.

Job description

The core responsibilities of the Validation Specialist I include but are not limited to performing Outbound Calls to Insurance Agents/Regional offices or utilizing various electronic means such as websites for verification of loan collateral coverage. Works with vehicle and mortgage outbound calls.Job Duties and Responsibilities:Verifications (50%):Performing Outbound Calls to Insurance Agents/Regional offices or utilizing various electronic means such as websites for verification of loan collateral coverage.Works with vehicle and mortgage outbound calls.Research (20%):Ability to read and understand insurance documents for both auto and mortgage, in loan history to perform the correct task that is needed for that loan while following lender particulars.Verify and Memo (10%):Accurately verify the correct questions with insurance agents and regional offices.Has the ability to document thoroughly in the history of the loan for the lenders to be able to understand clearly.Accounts per Hour (10%):Has the ability to meet the department goal of 10 accounts per hour by performing website verifications and phone calls to insurance agents.Needs the ability to be able to multitask to assist the department in meeting our department SLA’s of 95% in 7 days completed.Quality (10%):Consistently obtain 90% or higher on all quality audits by understanding and reviewing procedure manuals.To be able to identify, document, and report any learning opportunities to higher management.Qualifications (Education, Experience, Certifications & KSA):High school diploma requiredUse of clear, concise and effective oral communication; accurately composes written materials as required by the position. Handle confidential information in a responsible manner. Ability to convey thoughts in a focused and concrete manner.Ability to identify, analyze, and resolve problems. Adaptable to change and has the ability to make independent decisions.Ability to self-prioritize and has strong organization workflow skills. Meet service level expectations. Ability to multi-task to maximize efficiency and follow through to completion.Data entry and keyboard knowledge.Work independently and within a team environment to complete work assignments and meet department goals. Professional interaction with employees, peers and customers. Receive and provide feedback with a respectful approach.Ability to present ideas and input to assist in workflow improvements.Ability to remain composed and effective under pressure.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.We offer our employees a robust compensation package! Our comprehensive benefits include: 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 and 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.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.