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Free Rate Update Jobs in Chicago, IL (NOW HIRING)

Generate and maintain weekly/monthly reports on proposal success rates. * Update compliance metrics ... We provide our employees with a smoke-free, drug-free workplace. About Us Federal Signal in ...

Generate and maintain weekly/monthly reports on proposal success rates. * Update compliance metrics ... We provide our employees with a smoke-free, drug-free workplace. About Us Federal Signal in ...

Generate and maintain weekly/monthly reports on proposal success rates. * Update compliance metrics ... We provide our employees with a smoke-free, drug-free workplace. About Us Federal Signal in ...

Update Freight of All Kinds (FAK) rate shells regularly to ensure accurate pricing information ... Free telemedical access to doctors and therapists through First Stop Health is available on the ...

Update Freight of All Kinds (FAK) rate shells regularly to ensure accurate pricing information ... Free telemedical access to doctors and therapists through First Stop Health is available on the ...

Update Freight of All Kinds (FAK) rate shells regularly to ensure accurate pricing information ... Free telemedical access to doctors and therapists through First Stop Health is available on the ...

Update our logistics systems with new rates, surcharges and service standards based on negotiations ... Uline is adrug-free workplace. All new hires must complete a pre-employment hair follicle drug ...

Update our logistics systems with new rates, surcharges and service standards based on negotiations ... Uline is adrug-free workplace. All new hires must complete a pre-employment hair follicle drug ...

... free parking. Basko Dermatology is the highest rated Dermatology Practice in the Naperville ... Update patient chart and account information as indicated. Make certain all insurance information ...

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Free Rate Update information

What is a free rate update?

A Free Rate Update is a service typically offered by mortgage lenders or financial institutions that allows borrowers to receive updated interest rate information on their loan application or pre-approval without any cost. This helps homebuyers or those refinancing stay informed about current mortgage rates, which can fluctuate daily. By receiving free rate updates, clients can make more informed decisions about when to lock in a rate or proceed with their application. These updates are usually provided via email, text, or through the lender's website.

What are the key skills and qualifications needed to thrive as a mortgage loan officer, and why are they important?

To thrive as a Mortgage Loan Officer, you need strong knowledge of loan products, financial analysis, and regulatory requirements, typically supported by relevant licensing such as NMLS certification. Proficiency in loan origination systems (LOS), customer relationship management (CRM) software, and credit analysis tools is essential. Excellent interpersonal skills, attention to detail, and effective communication set top performers apart in this role. These skills are crucial for guiding clients through complex loan processes, ensuring compliance, and building lasting client relationships.

How does a free rate update specialist collaborate with loan officers and clients throughout the mortgage process?

A Free Rate Update Specialist typically works closely with both loan officers and clients to ensure that clients are kept informed about the latest interest rates and loan options. They frequently communicate updates to clients, answer rate-related queries, and support loan officers by providing timely rate information and documentation. This collaborative approach helps streamline the mortgage process, ensures compliance, and enhances the overall client experience. Regular coordination and clear communication are key aspects of this role.

What is the difference between Free Rate Update vs Loan Officer?

AspectFree Rate UpdateLoan Officer
CredentialsNone requiredLoan origination license, certifications
Work EnvironmentOnline, informational updatesBank, mortgage company, direct client interaction
Industry UsageFinancial news, rate alertsLoan processing, client advising
Search IntentCompare mortgage rates, updatesApply for loans, mortgage consultation

Free Rate Update provides timely information on current mortgage rates without requiring credentials, mainly serving as a resource for consumers. In contrast, a Loan Officer actively assists clients through the loan process, requiring specific licenses and direct interaction. While both are related to mortgages, their roles and purposes differ significantly.

What are popular job titles related to Free Rate Update jobs in Chicago, IL? For Free Rate Update jobs in Chicago, IL, the most frequently searched job titles are:
What cities near Chicago, IL are hiring for Free Rate Update jobs? Cities near Chicago, IL with the most Free Rate Update job openings:

Proposal Coordinator

Federal Signal

University Park, IL • On-site

$43K - $63K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 days ago


Federal Signal rating

7.6

Company rating: 7.6 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

250th of 487 rated machine equipment manufacturers


Job description

The appropriate candidate for this role will provide comprehensive support to the Proposal Management process across all University Park groups, including contract vehicle coordination, vendor questionnaire management, and enterprise tracking of key activities. Serve as the lead for Starbridge support across all divisions, ensuring consistent processes and visibility into meetings, RFPs, and purchasing workflows. This role is critical to maintaining data integrity, improving cross-functional coordination, and enhancing efficiency, reporting, and compliance across proposal development and business operations.

Key Activities/Responsibilities 

  • Develop and maintain proposal support materials and proposal content libraries, including reference sheets, case studies, sole source letters, and other marketing and compliance documentation to support business development efforts.
  • Coordinate and facilitate proposal review meetings, including communicating requirements, capturing action items, and tracking follow-up items to completion.
  • Review and interpret solicitation documents and contractual requirements to identity deliverables and support compliant proposal submissions.
  • Proofread and format proposals to align with organizational branding and compliance guidelines.
  • Coordinate and track proposal deadlines, ensuring all submissions meet requirements and timelines.
  • Generate and maintain weekly/monthly reports on proposal success rates.
  • Update compliance metrics related to certifications like ISNetworld and Avetta.
  • Complete and manage vendor forms and questionnaires across all University Park operations, ensuring accuracy and timely submission.
  • Oversee contract vehicle reporting and pricing updates for the University Park location, including Sourcewell, TIPS, HGAC, PCA, NASPO, and other cooperative purchasing programs, ensuring accurate tracking and compliance.
  • Serve as the primary lead for Starbridge support across all divisions, ensuring consistent processes and visibility into key activities including meetings, RFPs, and purchasing workflows.
  • Assist with tracking and reviewing Non-Disclosure Agreements (NDAs).
  • Manage dealer and representative insurance documentation, including requests, reviews, and ongoing maintenance to ensure compliance with company and contractual requirements.
  • Assist in securing pricing from reps for future Commander1renewals.
  • Act as the central point of contact for cross-department collaboration.
  • Assist with other duties as required.

Skills Required:

  • Associates degree recommended
  • Entry-level position, 1-2 years RFP-related experience preferred
  • Experience utilizing Smart Sheet, ISNetworld, and Avetta preferred.
  • Excellent verbal and written communication skills.
  • Organized, professional, and self-motivated.
  • Strong planning and multi-tasking skills.
  • Able to work well individually and as part of a team.
  • Proficiency with MS Office software particularly Excel.
  • High attention to detail.

Salary range: $43,311/yr - $63,302/yr

Benefits of Employment

In addition to excellent career growth opportunities, Federal Signal Corporation offers a wide array of benefits including: annual bonus potential, insurance (life, medical, dental, vision), paid holidays, paid vacation, 401(k) with matching contributions and tuition reimbursement. We provide our employees with a smoke-free, drug-free workplace.

About Us

Federal Signal in University Park is a leading manufacturer and supplier of comprehensive systems and products used to protect people and property. Our products and integrated solutions include systems for campus and community alerting, emergency vehicles, first responder interoperable communications, industrial communications, and command and municipal networked security. Specific products include: lightbars and sirens, public warning sirens and public safety software.

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer and manufacturer of products and total solutions that serve municipal, governmental, industrial and commercial customers. Headquartered in Downers Grove, IL, with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: www.federalsignal.com

The Company is an equal opportunity employer. Qualified applicants will not be discriminated against on the basis of, and will receive consideration for employment without regard to, race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, genetic information, status as a protected veteran, or any other protected category, characteristic, or trait under applicable law. If you require reasonable accommodation in the application process, contact Human Resources at HR@federalsignal.com. All other applications must be submitted online.


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