Sr. Claims Analyst I - Ideally sit 1-2 days in Cherry Hill, NJ
About the position Responsibilities • Claims Management: Own the decision-making process for mortgage insurance claims, including Fannie Mae (FNMA) Factor claims, 1st lien primary, and supplemental claims. • Compliance and Validation: Ensure all claims are settled in compliance with Radian’s Master Policies, Special Risk Policies, Servicing Guidelines, and claims matrix of allowable expenses. • Analysis and Calculation: Perform complex calculations, including prorations; review and understand foreclosure timelines; and adjust submitted claims based on defined guidelines. • Pipeline Management: Manage a pipeline of open claims to ensure timely processing and adherence to policy guidelines, avoiding simple interest payments for late claim settlements. • Detailed Review: Conduct thorough reviews of claim files, including servicing notes, default servicing invoices, foreclosure chronologies, loan modification agreements, and payment histories. • Expense Analysis: Analyze and adjust claims for allowable expenses; prorate taxes and insurance; and review claimed expenses for compliance with applicable policies. • Systems Navigation: Efficiently multitask through various systems to gather specific claim information for processing. • Special Projects: Assist Claims Management with special projects as needed to effectively manage the business. • Perform other duties as assigned or apparent. Requirements • Degree Requirement: Bachelor's Degree or Equivalent Experience • Work Experience: 10 years of prior work related experience • A minimum of 10 years of experience in mortgage insurance claims or a related field. • Proven track record of managing complex claims and ensuring compliance with company policies. • Strong proficiency in mortgage servicing software and claims processing systems. Benefits • Competitive Compensation: anticipated salary from $42,289 to $66,413 based on skills and experience. This position is eligible to participate in an annual incentive program. • Rest and Relaxation. This role is eligible for 20 days of paid time off annually, which is prorated in the year of hire based on hire date. In addition, based on your hire date, you will be eligible for 9 paid holidays + 2 floating holidays. Parental leave is also offered as an opportunity for all new parents to embrace this exciting change in their lives. • Our Company Makes an Impact. We’ve been recognized by multiple organizations like Bloomberg’s Gender-Equality Index, HousingWire’s Tech 100, and The Forum of Executive Women’s Champion of Board Diversity. Radian has also pledged to SHRM’s CEO Action for Inclusion & Diversity commitment. • Comprehensive Health Benefits. Multiple medical plan choices, including HSA and FSA options, dental, vision, and basic life insurance. • Prepare for your Future. 401(k) with a top of market company match (did we mention the company match is immediately vested?!) and an opportunity to participate in Radian’s Employee Stock Purchase Plan (ESPP). • Homebuyer Perks. Our Homebuyer Perks program helps employees navigate the home searching, buying, selling, and refinancing processes and provides valuable financial benefits to encourage, enable, and support home ownership. • Additional Benefits. To learn more about our benefits offerings, visit our Benefits Page. Apply tot his job