Global Credit Union

Special Credits Insurance Control Officer I–III

Global Credit Union

full-time

Posted on:

Origin:  • 🇺🇸 United States

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Salary

💰 $53,226 - $99,908 per year

Job Level

Mid-LevelSenior

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
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