Mortgage Insurance Specialist

Primary Function

The Mortgage Insurance (MI) Specialist will be responsible for preparing monthly reports, reconciling, research, and remittance of all MI premiums. In addition, the MI specialist monitors and processes MI cancellation requests per Investor guidelines. An MI specialist will perform all duties in accordance with the company guidelines, applicable federal, state, and local regulations.

Principal Duties

List of required duties below.

• Update MI lines on the system of record to maintain accurate records.
• Complete and maintain monthly portfolio audits.
• Process bulk batch payments of MI premiums on a monthly basis.
• Order and evaluate appraisals when appropriate.
• Review and complete MI related research items via task work queue.
• Review and process MI cancellation requests including ordering new valuations.
• Ensures accounts are properly documented with accurate and comprehensive status updates.
• Follows established company guidelines, department policies and procedures.
• Entering daily productivity into department database.
• Ensures compliance with all investor and state guidelines.
• Performs related duties as assigned by supervisor.

Education and Experience

Required education and experience.

Knowledge, Skills, and Abilities

Required knowledge, skills, and ability.

Additional Information : While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies / states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits : Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

Medical, dental, and vision insurance

Health Savings Account with employer contribution

401(k) Retirement plan with employer match

Paid Maternity Leave / Parental Bonding Leave

Pet insurance

Adoption Assistance

Tuition reimbursement

Employee Loan Program

The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW :

Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more

1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice

Employee Matching Gifts Program : We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee

Newrez Grants Program : Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions