Salary
💰 $53,226 - $99,908 per year
About the role
- Reports To: Senior SC Insurance Control Officer
- Controlling adverse actions associated with credit union collateral
- Comply with federal, state and local laws and credit union procedures and practices regarding adverse actions involving credit union collateral
- Responsible for maintaining records and adherence to department procedures and practices for secretions claims for collateralized loans
- Responsible for maintaining records and adherence to department procedures and practices for protection of credit union collateral when impounded by private or public agencies
- Responsible for maintaining records and adherence with department procedures and practices for member and insurance company contact during total loss claims involving credit union collateral
- Responsible for maintaining records and adherence with department procedures and practices for refund of After Market Products for repossessed collateralized loans
- Responsible for maintaining records and adherence with department procedures and practices for Collateral Protection Insurance damage and reimbursement claims for repossessed collateral
- Perform administrative functions necessary to support Collateral Protection Insurance program including processing claims, premiums, refunds, billings, file maintenance and posting
- Responsible for maintaining records and adherence with department procedures and practices for proof of insurance or insurance cancellation letters received by member(s) and applicable refund amounts within Special Credits
- Perform other duties as assigned
Requirements
- High school diploma or equivalent
- Requires good written and verbal communication skills
- Knowledge of laws and regulations involving repossession, foreclosures and insurance claim processing preferred
- Tenure requirements for advancement: Special Credits Insurance Control Officer II requires one year as I; III requires 12 months as II
- Assignment to the Senior Special Credits Insurance Control determined by candidate's education or experience
- At management's discretion, directly related work experience and/or accelerated training completion may be substituted for tenure