FHA Loss Analyst

Summary: The Analyst, Loss Analysis is responsible for the QC, audit and oversight of claims filed.  It is the Analyst’s duty to ensure that all claims comply with investor and insurer requirements and assist in the reduction of loss exposure to the Company. The Analyst will provide claims loss analysis reports weekly, monthly or as determined by management.  In instances where a claims error is identified, a supplemental claim will be filed by the Analyst.  Essential Job Functions may include: Complete loss analysis reviews to safeguard the servicer’s assets and insure compliance with insurer requirements Analyze and rebut insurer curtailments for all government insured filed claims, including but not limited to conveyance, claims for advances, loss mitigation and non conveyance claims Quality Control review for Default Claims, including supplemental claims to reduce loss exposure and provide loss analysis reports Assist in compiling claims data for government claims audits, in addition reviewing auditors findings and providing rebuttal responses Complete monthly write offs of remaining balances once all claims and supplemental funds received on an account Act as a subject matter expert to the claims department to insure compliance on all claims filings Correspond with vendors and site employees Act as a point of contact/liaison, ensuring that policies and procedures relating to invoicing and remittance are followed, including compliance with federal laws and regulations Demonstrates professional behavior and teamwork, is punctual, dependable and adheres to Company policies and procedures Ability to work necessary hours to ensure success Maintain regular and punctual attendance. Other Duties could include: Performs other related duties as assigned. Supervisory Responsibilities: This job has no supervisory responsibilities. Qualifications: To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Strong understanding of FHA, VA and GSE claims guidelines Excellent organization skills Attention to detail with a high level of accuracy Excellent communication skills Analytical and Problem Solving skills Works well in a team environment Ability to meet deadlines in a fast paced environment Ability to manage time well and prioritize tasks Microsoft Office experience and advanced Excel knowledge Ability to effectively present information to supervisory, etc. Ability to write reports and correspondence Ability to read, analyze and interpret documents such as technical journals, financial reports, legal documents, policies and procedures Ability to calculate basic financial figures and amounts Proficient in computer skills and knowledge of word processing, spreadsheet, accounting, general ledger, accounts receivable, accounts payable,…