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Loss Draft Jobs (NOW HIRING)

SWBC

Loss Drafts Customer Service Representative

$16.50 - $22.25/hr

Inputs information regarding conversation accurately into the Loss Draft Tracking system as required to document call activity. * Sets-up processing tasks such as property inspections, disbursement ...

Steamboat Group

Loss Admin Associate

West Seneca, NY · Hybrid

$17 - $21/hr

This is a hybrid position in West Seneca, NY Job Summary The Loss Administration Assistant is responsible for inbound calls related to claims and loss drafts and providing courteous professional ...

Etech

Customer Service Representative

Nacogdoches, TX · On-site

$13.25 - $18/hr

Take inbound or make outbound calls to customers to discuss insurance loss draft claims * Update customer information based on call interaction * Provide quality service to clients through knowledge ...

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$16

$34

$91

How much do loss draft jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for loss draft in the United States is $34.49, according to ZipRecruiter salary data. Most workers in this role earn between $19.71 and $33.41 per hour, depending on experience, location, and employer.

What are some common challenges faced by Loss Draft specialists when coordinating between homeowners, insurance companies, and mortgage servicers?

Loss Draft specialists often face the challenge of balancing timely communication between homeowners, insurance companies, and mortgage servicers. Delays can occur when necessary documents or inspections are missing or incomplete, which can slow down the release of insurance funds for property repairs. Staying organized, proactively following up on outstanding items, and maintaining clear documentation are crucial to overcoming these challenges and ensuring customer satisfaction. Additionally, Loss Draft specialists must be adept at explaining complex procedures to customers who may be under stress due to property damage.

What is the difference between Loss Draft vs Insurance Adjuster?

AspectLoss DraftInsurance Adjuster
Primary RoleProcessing and managing loss draft payments to settle claimsInvestigating, evaluating, and settling insurance claims
CredentialsMay require licensing or certification depending on stateOften requires licensing, certifications like AIC or CPCU
Work EnvironmentInsurance companies, claims offices, or independent agenciesInsurance companies, public adjusting firms, or independent consulting
Industry UsageCommonly used in claims processing and settlementUsed in claim investigation and assessment

While both Loss Draft specialists and Insurance Adjusters work within the insurance industry, Loss Draft focuses on processing payments to settle claims, whereas Insurance Adjusters investigate and evaluate claims to determine coverage and liability. Understanding these differences helps in choosing the right career path or job role within insurance claims management.

What are the key skills and qualifications needed to thrive as a Loss Draft Specialist, and why are they important?

To excel as a Loss Draft Specialist, you need a thorough understanding of mortgage servicing, insurance claims processes, and relevant financial regulations, often backed by experience in banking or real estate. Familiarity with loan servicing software, claims management systems, and document verification tools is typically required. Exceptional attention to detail, problem-solving abilities, and effective communication with customers and internal teams are vital soft skills. These competencies are essential for accurately processing insurance claim funds, ensuring compliance, and providing timely service to clients.

What is a Loss Draft specialist?

A Loss Draft specialist is a professional who manages insurance claim payments, known as 'loss drafts,' typically related to property damage. They coordinate between insurance companies, mortgage lenders, and homeowners to ensure that claim funds are properly disbursed for repairs. Loss Draft specialists review documentation, monitor repairs, and facilitate the payment process to ensure compliance with lender and insurance requirements. Their work helps protect the interests of all parties and ensures that repairs are completed satisfactorily.
More about Loss Draft jobs
What are the most commonly searched types of Loss Draft jobs? The most popular types of Loss Draft jobs are:
What states have the most Loss Draft jobs? States with the most job openings for Loss Draft jobs include:
What job categories do people searching Loss Draft jobs look for? The top searched job categories for Loss Draft jobs are:
Loss Draft jobs near you
Infographic showing various Loss Draft job openings in the United States as of June 2026, with employment types broken down into 1% Locum Tenens, 1% As Needed, 87% Full Time, 8% Part Time, 1% Temporary, and 2% Contract. Highlights an 84% Physical, 6% Hybrid, and 10% Remote job distribution, with an average salary of $71,730 per year, or $34.5 per hour.
Loss Draft Processor I (Onsite)

Loss Draft Processor I (Onsite)

Dovenmuehle Mortgage, Inc.

Lake Zurich, IL • On-site

$21 - $22/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 10 days ago

Dovenmuehle rating

7.2

Company rating: 7.2 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

Job description

Loss Draft Processor I

Full time; Non-Exempt; 37.5 hours/week; overtime as required.

Location; Lake Zurich, IL, US

Department: Escrow-Insurance

Dovenmuehle Mortgage, Inc. (“Dovenmuehle”) is the leading mortgage subservicing firm in the United States with several hundred financial institution clients nationwide.

General Description:


Monitor properties with insurance claims for mortgagors and mortgage disposition department. Monitor funds in restricted escrow.


Essential Functions and Duties:

  • Sort daily mail received.
  • Sort checks received.
  • Prepare checks to be mailed.
  • Check in loss draft documents and checks received.
  • Send overnight checks for Insurance Department
  • Mail out Loss Draft checks with letters
  • Review the “open tasks” monthly and send letters.
  • Needs to make decisions within the client guidelines accurately, efficiently, and very professionally.
  • To work 95% of the time without assistance from supervisor
  • Successfully complete the annual regulatory compliance testing.
  • Perform other related duties as assigned.

Department Specific/Additional Duties:

  • Work with our Loss Draft Application and other systems.

Required Qualifications:

  • Good verbal communication skills; organizational skills
  • High School Diploma

Preferred/Other Qualifications:

  • Loss draft, insurance, some data entry processing
  • PC Skill

Benefits

  • Medical, Dental, Vision, Wellness, Flexible Spending Account, Employee Assistance Program and more.
  • Employer paid Life Insurance, Short Term Disability, and Long-Term Disability.
  • 401 (K) Plan with company match
  • Paid Vacation, Sick, Personal and Holidays

Physical Demands and Work Environment:

The employee must be comfortable in either an on-site office setting, or a quiet, designated work from home space that is free from distractions and noise. The employee is regularly required to communicate (give/receive) information through multiple methods of communication with clear understanding from others. Must be able to exchange accurate information in these situations.


The employee must be able to remain in a stationary position and/or move about the organization or remote office. The employee is frequently required to stand or walk (or otherwise move through the organization); sit; use hands to type, write, handle, or feel and reach. May occasionally climb or balance; stoop, kneel, or crouch; or lift and/or move up to 25 lbs. Employees may be required to type and utilize a computer for long periods of time.


The employee may be required to frequently operate a standard variety of office equipment including computers, calculators, copy machines, computer printers and phones. The noise level, if working on-site, is usually moderate and typical of an office environment.


In accordance with applicable disability laws, Dovenmuehle works with applicants and employees to make reasonable accommodations to the job or work environment when doing so will enable an employee with a qualified disability to satisfactorily perform the essential functions of the job.



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