Mortgage Lending Insurance Administration Specialist

About the role

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

• Regular or Temporary: Regular
• Language Fluency: English (Required)
• Work Shift: 1st shift (United States of America)

Please review the following job description

Responsible for the efficient and accurate monitoring and enforcement of insurance coverage to protect collateral within the servicing portfolio. Ensure accurate and timely review and analysis of insurance coverage based on regulatory and investor guidelines. Provide effective and consistent communication with clients regarding insurance coverage compliance associated with their account. Coverage guidelines and adherence pertains to hazard insurance, flood insurance, optional insurance, and private mortgage insurance.

Essential Duties and Responsibilities

• Following is a summary of the essential functions for this job.
• Other duties may be performed, both major and minor, which are not mentioned below.
• Specific activities may change from time to time.

Complete data entry and validation at time of new line setup, renewal dates, scheduled termination dates, and at time of client inquiry Issue accurate and timely client notifications regarding sufficiency of insurance coverage, termination, lender placement and cancellation of insurance Update internal system of record to capture document issuance and retention standards Stay current on regulatory timelines and investor guidelines as it pertains to insurance associated with mortgage servicing Identify and communicate adverse issues, trends or inefficiencies to management and other lines of business along with proposed solutions; contribute to agreed upon resolutions.

Build and maintain relationships with internal and external business partners, managing expectations and accountability All other duties as assigned.

Required Qualifications

• College degree or comparable education and experience
• One to two years of mortgage, banking, banking operations, or comparable education
• Proficiency with Microsoft Office suite of products to include Word and Excel

Preferred Qualifications

• Two or more years of retail banking, banking operations, or experience in a law firm or corporate setting
• Strong research and investigation skills
• Proficiency with banking software, deposit account systems, or mortgage servicing systems
• Excellent written and oral communication skills
• Ability to prioritize a significant volume of work with simultaneous deadlines
• Strong organizational skills and attention to detail
• Ability to work effectively in teams and independently and make effective decisions consistent with role and responsibilities

Pay and benefits

The annual base salary for this position is $50,000-$55,000.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.

Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.

For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

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