1

Loss Mitigation Auditor Jobs (NOW HIRING)

Collections Manager

Saint Louis, MO · On-site

$32.60 - $40.75/hr

Manage the delinquency portfolio by directing collection activities, loss mitigation efforts, and ... Serve as the department liaison with internal departments, auditors, legal counsel, regulators, and ...

Collections Manager

Saint Louis, MO · On-site

$32.60 - $40.75/hr

Manage the delinquency portfolio by directing collection activities, loss mitigation efforts, and ... Serve as the department liaison with internal departments, auditors, legal counsel, regulators, and ...

... risk mitigation strategies across all locations and formats. The ideal candidate is both ... Proven experience building, improving, or auditing retail operational processes * Strong analytical ...

... risk mitigation strategies across all locations and formats. The ideal candidate is both ... Proven experience building, improving, or auditing retail operational processes * Strong analytical ...

Security and Loss Prevention Specialist, NA

Tucson, AZ · On-site

$18.50 - $23.75/hr

... by auditing and monitoring the health status of our systems with subject matter experts and ... incident mitigation or de-escalation and Business Continuity planning experience PREFERRED ...

Showing results 41-60

Loss Mitigation Auditor information

See salary details

$35K

$43.3K

$49K

How much do loss mitigation auditor jobs pay per year?

As of Aug 13, 2026, the average yearly pay for loss mitigation auditor in the United States is $43,250.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,000.00 and $47,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a loss mitigation auditor?

To thrive as a Loss Mitigation Auditor, you need a solid understanding of mortgage lending, risk assessment, and compliance regulations, typically supported by experience in finance or real estate and a relevant degree. Familiarity with auditing software, loan servicing platforms, and regulatory compliance tools such as Fannie Mae and Freddie Mac guidelines is essential. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for identifying discrepancies and ensuring accurate reporting. These skills and qualities help prevent financial losses, maintain regulatory compliance, and support the integrity of the loan mitigation process.

What is the difference between Loss Mitigation Auditor vs Loss Prevention Specialist?

AspectLoss Mitigation AuditorLoss Prevention Specialist
CredentialsTypically requires mortgage or financial certifications, such as HUD certifications or loan modification trainingOften requires security or retail loss prevention certifications, like CPI or LPC
Work EnvironmentWorks mainly in financial institutions, mortgage companies, or loan servicing firmsWorks in retail stores, security firms, or corporate environments
Employer & IndustryFinancial services, mortgage, bankingRetail, security, manufacturing

While both roles focus on minimizing financial losses, a Loss Mitigation Auditor specializes in reviewing and managing mortgage or loan accounts to prevent defaults, whereas a Loss Prevention Specialist concentrates on preventing theft and security breaches in retail or corporate settings. Their skills and certifications reflect their industry-specific focus, making each role distinct despite overlapping goals of reducing financial loss.

What is a loss mitigation auditor?

A Loss Mitigation Auditor is a financial professional responsible for reviewing and evaluating loss mitigation activities within lending institutions, such as banks or mortgage companies. Their primary role is to ensure that all processes related to loan modifications, short sales, forbearances, and other loss mitigation strategies comply with internal policies and regulatory requirements. By auditing these activities, they help identify potential risks, prevent financial losses, and improve operational efficiency. This position requires strong analytical skills, attention to detail, and knowledge of relevant laws and industry best practices.

How does a loss mitigation auditor typically collaborate with other departments during the loan review process?

Loss Mitigation Auditors work closely with departments such as loan servicing, collections, and legal to ensure that loss mitigation strategies are properly executed and compliant with regulatory standards. They often review case files, communicate findings, and provide feedback to underwriting or servicing teams to address discrepancies or improve processes. This collaborative environment helps identify risk areas, implement corrective actions, and maintain the integrity of the organization's loan portfolio. Effective communication and teamwork are essential, as auditors frequently participate in cross-functional meetings and share insights to strengthen overall risk management.
More about Loss Mitigation Auditor jobs
Infographic showing various Loss Mitigation Auditor job openings in the United States as of August 2026, with employment types broken down into 76% Full Time, 22% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $43,250 per year, or $20.8 per hour.

$50K - $104K/yr

Full-time

Posted 18 days ago


Cincinnati Insurance Company rating

9.0

Company rating: 9.0 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

36th of 306 rated insurance


Job description

Make a difference with a career in insurance

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we're looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person.

If you're ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow.

Build your future with us

Our Claims department is currently seeking an Auditor. 

Pay range: $50,000 - $104,000 depending on knowledge, skills and experience

Be ready to:

  • create and/or assist in the creation of audit plans for procedure and data quality audits 
  • lead calibration meetings with other auditors prior to conducting audits to ensure quality
  • conduct audits on files and processes subject to audit plans
  • create scorecards and reports detailing audit results
  • identify deficiency trends as well as causes for deficiencies and provide recommendations to help facilitate improvements
  • identify new strategic risks and recommend appropriate risk mitigation activities and audits to address these risks to the Lead Claims Auditor and/or Claims Audit Manager
  • interact and work with HQ Claims, Field Claims, Internal Audit and external audit, as needed
  • work with Corporate Internal Audit during testing of the Claims Department controls, as needed 
  • present audit results to Claims Management

Be equipped with:

  • practical knowledge of Microsoft Office products including Word and Excel; advanced Excel knowledge a plus

  • analytical skills, including the ability identify trends in data
  • effective oral and written communication skills 
  • effective leadership skills  
  • detail oriented
  • ability to work independently
  • ability and willingness to adapt to change
  • eagerness to learn new skills and complete educational courses as needed 
  • ability to motivate others to complete tasks to meet deadlines 

Bring education and experience from:

  • two or more years claims auditing, examining, supervising or handling experience
  • prior experience with Guidewire ClaimCenter a plus 

Enhance your talents

Providing outstanding service and developing strong relationships with our independent agents are hallmarks of our company. Whether you have experience from another carrier or you're new to the insurance industry, we promote a lifelong learning approach. Cincinnati provides you with the tools and training to be successful and to become a trusted, respected insurance professional - all while enjoying a meaningful career.

Enjoy benefits and amenities

Your commitment to providing strong service, sharing best practices and creating solutions that impact lives is appreciated. To increase the well-being and satisfaction of our associates, we offer a variety of benefits and amenities. Learn more about ourbenefits and packages.   

Many departments at our Headquarters in Fairfield, Ohio, offer hybrid work options, empowering associates to work from home several days a week. Depending on your role and responsibilities, hybrid options may be available.  

Embrace a diverse team

As a relationship-based organization, we welcome and value a diverse workforce. We grant equal employment opportunity to all qualified persons without regard to race; creed; color; sex, including sexual orientation; religion; national origin; age; disability; or any other basis prohibited by law. Learn more about the Federal Employment Notices.


What Cincinnati Insurance Company employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom