Overview
The Insurance Monitoring Review Specialist oversees insurance-related records, monitors policy compliance, and ensures accurate, timely tracking of coverage information.
What you'll do
- Monitor insurance policies, renewals, cancellations, and expirations to ensure continuous and compliant coverage.
- Review policy documents and related records for accuracy and completeness.
- Identify missing, expired, or insufficient coverage and follow up with the appropriate parties to resolve issues.
- Maintain accurate insurance tracking systems, databases, and documentation.
- Verify coverage against company, contractual, regulatory, or lender requirements.
- Generate routine reports on coverage status, exceptions, and compliance issues for management and stakeholders.
- Coordinate with insurance carriers, brokers, agents, clients, and internal departments to obtain updated information and resolve discrepancies.
- Track regulatory or procedural changes affecting insurance documentation and monitoring requirements.
- Support process improvements to enhance efficiency, accuracy, and service quality.
What you'll need
- 2-3 years of relevant experience.
- Microsoft Office proficiency.
- Basic computer literacy.
- Basic understanding of the associated operations, products/services, systems, and risks/controls applicable to assigned area.
- Basic understanding of applicable laws, regulations, financial services, and regulatory trends.
- Well-developed analytical skills.
- Proficient computer navigation skills, particularly word processing, spreadsheet, databases, and presentations.
- Effective verbal and written communication skills.
- Attention to detail with high accuracy to prevent downstream servicing or compliance issues.
- Time management and timeliness in meeting daily reporting and system update deadlines while balancing accuracy.
- Process adherence: consistently follows established mortgage servicing procedures and controls.
- Accountability and ownership: takes responsibility for assigned updates and escalates issues appropriately.
- Analytical review: identifies errors, trends, or missing data impacting modification reporting.
Details
- Location: Chennai, India.
- Shift timings: 9 AM to 6 PM IST.
Read the full description and apply on the company’s own careers page.