Mortgage Insurance Specialist

Company: Valon Technologies
Company: Valon Technologies
Location: Phoenix, Arizona, United States
Posted on: 2024-02-23 01:31
About the Company Valon’s mission is to empower every homeowner. We believe the journey of home ownership starts when you get your keys, but lasts far beyond. We’re creating a world where home ownership comes with ease, security, and financial know-how. Our growing team of engineers, operators, product enthusiasts, and experienced servicing professionals are leveraging technology to fundamentally improve the homeownership experience. Through mortgage servicing—the process of paying off one’s mortgage—Valon is taking the first step in transforming the industry one homeowner, and lender, at a time. Loan Administration at Valon The Loan Administration team at Valon powers our operations and ensures we continue to run smoothly. We onboard loans, handle insurance, process payments, and offer a first-class experience to Valon's homeowners from behind the scenes.  About the Role The Mortgage Insurance Specialist will be responsible for paying off mortgage insurance premiums for our escrowed accounts in a timely and accurate manner. This person will also review and process borrower-requested mortgage insurance termination requests and scheduled auto-terminations. Responsibilities Update mortgage insurance streams to ensure accurate records are maintained. Process monthly MI carrier disbursements on or before the due/penalty date. Identify and resolve mortgage insurance exceptions. Process all borrower-requested MI termination requests timely to ensure cancellation requirements are met. Order evaluation BPOs, when necessary. Process MI auto-terminations in a timely manner. Process MI refunds within compliance timelines. Research and resolve mortgage insurance issues. Ensure compliance with all GSE investor and regulatory requirements. Update and annotate all actions/follow-ups processed on loans in all appropriate systems. Ideal Background 2+ years of mortgage servicing, mortgage insurance, or escrow experience. Previous experience with Google Suite. Previous experience with mortgage servicing software or other financial technology tools. Excellent oral and written communication skills. Strong analytical skills to identify data discrepancies and complete root cause analyses. Strong organizational and problem-solving abilities. Strong attention to detail. Minimum Qualifications 1+ year(s) of mortgage servicing, mortgage insurance, or escrow experience. Previous experience with managing documents and record-keeping. Previous customer service experience in financial services. Benefits   Compensation: Competitive salary and 401k plan. Health & well-being: We invest in your physical and mental well-being with comprehensive medical, dental, & vision benefits, and an EAP for additional support. Food & meals: In-office snacks and drinks (and Bagel Fridays)! Commuter benefits: We offer pre-tax deductions for public transportation, ride-share services, and parking expenses to make your commute more affordable and convenient. Grow together: Company-wide orientation for you to successfully onboard—alongside other learning and development opportunities, including regular review cycles that feature 360-degree feedback. Play together: Quarterly budgets for team and company outings. Use it for team swag, cooking classes, or team dinners! Generous time off: 17 days paid time off, sick days, and 11 company holidays. Throughout the interview process, please remember that emails will only be from valon.com emails. We won't ever be asking for any personally identifiable information during the interview process itself. Please reach out to talent@valon.com if you have any requests to verify the authenticity of an outreach.   Valon is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. Valon makes hiring decisions based solely on qualifications, merit, and business needs at the time.
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