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Private Mortgage Insurance Jobs (NOW HIRING)

Position Summary The Private Mortgage Banker is a key member of the Private Banking team ... We also provide employer-paid life insurance, as well as short-term and long-term disability ...

Prepare and submit mortgage insurance (MI) packages to private mortgage insurance companies for loans requiring MI approval outside delegated authority. * Maintain current knowledge of agency ...

Prepare and submit mortgage insurance (MI) packages to private mortgage insurance companies for loans requiring MI approval outside delegated authority. * Maintain current knowledge of agency ...

Prepare and submit mortgage insurance (MI) packages to private mortgage insurance companies for loans requiring MI approval outside delegated authority. * Maintain current knowledge of agency ...

Prepare and submit mortgage insurance (MI) packages to private mortgage insurance companies for loans requiring MI approval outside delegated authority. * Maintain current knowledge of agency ...

The incumbent has extensive contacts on a daily basis with Bank customers and personnel as well as outside contact with real estate brokers, builders, title companies, private mortgage insurance ...

The incumbent has extensive contacts on a daily basis with Bank customers and personnel as well as outside contact with real estate brokers, builders, title companies, private mortgage insurance ...

Description Position Summary The Private Mortgage Banker is a key member of the Private Banking ... We also provide employer-paid life insurance, as well as short-term and long-term disability ...

The incumbent has extensive contacts on a daily basis with Bank customers and personnel as well as outside contact with real estate brokers, builders, title companies, private mortgage insurance ...

The incumbent has extensive contacts on a daily basis with Bank customers and personnel as well as outside contact with real estate brokers, builders, title companies, private mortgage insurance ...

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Private Mortgage Insurance information

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$25

$30

$34

How much do private mortgage insurance jobs pay per hour?

As of Jul 16, 2026, the average hourly pay for private mortgage insurance in the United States is $30.69, according to ZipRecruiter salary data. Most workers in this role earn between $30.05 and $30.05 per hour, depending on experience, location, and employer.

What is the difference between Private Mortgage Insurance vs Mortgage Underwriter?

AspectPrivate Mortgage InsuranceMortgage Underwriter
Primary RoleProtects lenders by insuring high-risk loansEvaluates loan applications to assess risk and approve or deny loans
Required CredentialsNo specific certifications; knowledge of mortgage policiesTypically requires mortgage or financial certifications and experience
Work EnvironmentInsurance companies, lenders, or mortgage brokersBanking institutions, mortgage companies, or lenders
Industry UsageCommonly discussed in mortgage lending and loan approval processesIntegral to loan approval and risk assessment processes

Private Mortgage Insurance (PMI) protects lenders when borrowers make a down payment of less than 20%. Mortgage Underwriters evaluate loan applications to determine risk and approve or deny loans. While PMI is an insurance product, underwriters are professionals assessing loan eligibility. Both roles are essential in the mortgage industry but serve different functions.

What is Private Mortgage Insurance?

Private Mortgage Insurance, or PMI, is a type of insurance that protects lenders if a borrower defaults on a conventional mortgage loan. PMI is typically required when a homebuyer makes a down payment of less than 20% of the home's purchase price. It does not protect the buyer; instead, it allows them to qualify for a mortgage with a lower down payment. PMI can be paid as a monthly premium, a one-time upfront premium, or a combination of both, and it can often be canceled once the homeowner has built up sufficient equity in their home.

What are some common challenges faced by professionals working in Private Mortgage Insurance (PMI), and how can they be addressed?

Professionals in Private Mortgage Insurance often encounter challenges such as assessing borrower risk accurately, staying updated with changing regulations, and managing relationships with lenders and borrowers. Navigating fluctuating housing markets and ensuring compliance with industry standards can also be demanding. To address these challenges, PMI professionals benefit from ongoing training, strong analytical skills, and clear communication with underwriting teams and external partners. Building expertise in risk assessment and regulatory compliance helps ensure success and career growth in this field.

What are the key skills and qualifications needed to thrive as a Private Mortgage Insurance (PMI) Specialist, and why are they important?

To thrive as a Private Mortgage Insurance Specialist, you need a solid understanding of mortgage lending, risk assessment, and insurance regulations, often backed by a degree in finance, business, or a related field. Familiarity with loan origination systems, mortgage underwriting software, and relevant industry certifications such as Certified Mortgage Banker (CMB) are commonly required. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart. These skills are crucial for accurately assessing risk, ensuring compliance, and facilitating smooth mortgage transactions between lenders, insurers, and borrowers.
More about Private Mortgage Insurance jobs
What cities are hiring for Private Mortgage Insurance jobs? Cities with the most Private Mortgage Insurance job openings:
What states have the most Private Mortgage Insurance jobs? States with the most job openings for Private Mortgage Insurance jobs include:
What job categories do people searching Private Mortgage Insurance jobs look for? The top searched job categories for Private Mortgage Insurance jobs are:
Infographic showing various Private Mortgage Insurance job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 72% Full Time, 22% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $63,838 per year, or $30.7 per hour.
Loss Management Specialist - Mortgage Insurance

Loss Management Specialist - Mortgage Insurance

Essent Guaranty, Inc.

Winston Salem, NC โ€ข On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 4 days ago


Job description

Description
Essent Group Ltd. (NYSE: ESNT) is a Bermuda-based holding company (collectively with its subsidiaries, "Essent") which serves the housing finance industry by offering private mortgage insurance, reinsurance, risk management products and title insurance and settlement services to mortgage lenders, borrowers, and investors to support homeownership. We are focused on managing risk and dedicated to serving as a strong and fair counterparty. As a company, we bring strong private capital and a commitment to risk management to the mortgage insurance industry.
Title: Loss Management Specialist
Location: Radnor, PA orWinston Salem, NC
The position of Loss Management Specialist works under moderate supervision that will assist the Director and/or Vice President of Loss Management in various areas of Loss Management. This employee will have general knowledge of the mortgage insurance industry, and be able execute his/her duties in accordance with the Master Policy requirements.
As a dynamic and resourceful professional, we will rely on you to perform the following duties:
  • Default Reporting - Ensure that new defaults and monthly updates are received from Insureds/Servicers as required by the Master Policy and processed accurately and timely. Follow up with Insureds/Servicers as needed.
  • Claims Processing - Ensure that claims are reviewed upon receipt; documentation and information is requested timely; claims are processed and paid timely according to the terms of the Master Policy and Loss Management policies and procedures. Assist with preparation of Claims Committee Meeting documentation and agenda.
  • Real Estate Owned Management (REO) - assist with assigning properties to an approved vendor, obtaining insurance, recording deeds, the marketing of properties and the coordination of the sale/closing with the Legal and Finance teams.
  • Assist with ordering Broker Price Opinion (BPO), review appraisals, fraud Investigations and timely payment of invoices for same.
  • Timely and courteous responses to Insured/Servicer/GSE/Internal inquires.
  • Assist with IT for enhancements to PASSPORT and Loss Management online.
  • Performs other duties as assigned by management.

Minimum Education & Experience Requirements:
  • Bachelor's degree or equivalent experience.
  • Minimum of five (5) years in the Mortgage Servicing Industry or three (3) years in the Mortgage Insurance Industry.
  • Superior customer service skills.
  • Excellent verbal and written communication skills.
  • Proficient with Microsoft applications such as Word, Excel and Outlook.
  • Demonstrated analytical and creative problem solving skills.
  • Ability to work effectively as part of a team and interact with staff of all levels with the organization.
  • Knowledge of the mortgage industry.

Our commitment to your success is enhanced by our competitive salary and comprehensive benefits package including paid time off, medical, dental, vision, 401(k) and disability benefits. We work to maintain a positive environment for our employees, where people can learn and grow with the company. Essent is an Equal Opportunity Employer.