CAM Claims Processor II

Job description

Overview: This position is responsible for the preparation and processing of Conventional Claims. Primary Responsibilities: - Monitor daily reports outlining workflow and processing needed. - Understand the workflow and upstream processing as well as the difference between the claim types: Short Sales, Foreclosure Claims, Third Party Claims, Charge Off, Security Claims, Loss Mitigation Claims, and Deed in Lieu Claims. - Process/File claims according to investor/insurer/statutory & regulatory guidelines within assigned service level agreements. - Communicate/interact with attorneys, tax collectors, homeowners associations, prior servicers and utility companies regarding coverage periods of disbursements. - Obtain, prepare and approve invoices for claim filing. - Contact outside entities for back up invoices; including but not limited to water/sewer companies, attorney offices, prior servicers. - Assess invoices to minimize losses and financial exposure to the Bank. - Communicate with attorney's regarding bills, HOA fees due, taxes due and items needed to file Conventional claim. - Research loan history for advances and deposits. - Contact various internal departments for clarificati...