Established in 1991, Collabera has been a leader in IT staffing for over 22 years and is one of the largest diversity IT staffing firms in the industry. As a half a billion dollar IT company, with more than 9,000 professionals across 30+ offices, Collabera offers comprehensive, cost-effective IT staffing & IT Services. We provide services to Fortune 500 and mid-size companies to meet their talent needs with high quality IT resources through Staff Augmentation, Global Talent Management, Value Added Services through CLASS (Competency Leveraged Advanced Staffing & Solutions) Permanent Placement Services and Vendor Management Programs.
Collabera recognizes true potential of human capital and provides people the right opportunities for growth and professional excellence. Collabera offers a full range of benefits to its employees including paid vacations, holidays, personal days, Medical, Dental and Vision insurance, 401K retirement savings plan, Life Insurance, Disability Insurance.
Job Description:
Monday to Friday; 8:30am - 5:30pm
Responsible for post-close analysis of regulatory flood insurance requirements, setup of insurance ticklers based on requirements, timely processing/resolution of insurance ticklers, and monitoring system of record for upcoming expirations of insurance policies, acting to obtain renewals of the items prior to their expiration.
Maintains ticklers on systems of record for these items.
Acts to resolve exceptions related to regulatory flood insurance requirements.
Receive/Review incoming insurance policies for compliance with bank and federal guidelines
Contact client/agent/broker to resolve items out of compliance
Serves as a subject matter expert to internal and external teams of Wholesale Credit Operations.
Maintain systems of record for continued monitoring of insurance
Upload insurance documentation to repository
Process insurance verification received by mail
Calculate/determine/pay cost of force placement coverage for items that have expired or lapsed.
Job Requirements:
Good technical aptitude (desktop and mainframe applications) and experience with Microsoft Office Products (Excel, Word).
Efficient organizational, writing and client/customer communications skills
Strong analytical and problem solving skills
Effective prioritization of multiple tasks, balancing quality and productivity
Effective time management
Detail orientated and be able to work independently as well as in a team environment
Ability to identify issues and potential solutions/alternatives given existing policies and procedures, including the need to escalate
Desired Skills:
Experience with Insurance policies, forms and guidelines
Knowledge of systems of record. (AFS, GPA, Virtual Vault, ACBS, CTS, ECF, CREB EF, ECRIS)
Experience with FEMA rules and regulations
Minimum 2 years commercial insurance processing
Experience reviewing/processing collateral documents
Insurance License