Mortgage Hazard Insurance Specialist

Escrow at Valon

Escrow administration manages all aspects of homeowner escrow obligations which include Tax, PMI, Property Insurance and accurate Escrow Analysis. We are passionate and critical thinkers that navigate  multiple facets of the escrow sector of a fast-growing technology and operations-focused business line.  In addition to ensuring escrow accounts are accurate we also monitor the work of our outsourced vendors and remain committed to meeting all GSE requirements. 

About the Role 

The Mortgage Hazard Insurance Specialist is responsible for monitoring, verifying, and maintaining accurate property insurance coverage on mortgaged properties. This role ensures all hazard insurance policies meet investor and regulatory requirements, helps manage risk to the servicing portfolio, and provides excellent customer service to borrowers, insurance agents, and internal departments.

Responsibilities 

• Monitor insurance coverage on all properties within the mortgage portfolio to ensure compliance with investor guidelines (e.g., Fannie Mae, Freddie Mac, FHA, VA).


• Review and verify hazard insurance documents for completeness, accuracy, and appropriate coverage amounts.


• Track and process insurance renewals, cancellations, and reinstatements.


• Disburse hazard insurance premiums from escrow accounts in a timely manner.


• Coordinate force-placed insurance when borrower-provided coverage lapses, ensuring compliance with applicable laws.


• Respond to borrower inquiries regarding insurance coverage, disbursements, and escrow accounts.


• Work closely with insurance companies, agents, and vendors to resolve discrepancies and update records.


• Maintain accurate records of insurance policies and track status in the servicing system.


• Support the escrow analysis process with up-to-date insurance premium data.


• Collaborate with Loss Draft and Claims departments on insurance claim-related issues.


• Assist in audits and regulatory reporting as required.

Ideal Background 

• Experience working in a mortgage servicing, property insurance, or escrow-related environment


• Familiarity with escrow accounts and lender-placed insurance processes


• Knowledge of servicing systems like Black Knight (MSP), or similar platforms


• Exposure to investor guidelines from Fannie Mae, Freddie Mac, or FHA/VA


• Experience communicating with insurance carriers or understanding of insurance declarations and coverages


• Career interest in compliance, operations, or mortgage servicing

Minimum Qualifications 

• High school diploma or equivalent required


• At least 1 year of work experience in a professional environment (e.g., customer service, administrative support, insurance, banking, or real estate)


• Strong attention to detail and organizational skills


• Proficient with Google Suite


• Excellent verbal and written communication skills


• Ability to prioritize tasks and work in a fast-paced environment

What we can offer: 

• Compensation: Competitive salary and a 401(k) plan—with a 4% annual match!


• Hours: No weekends or late nights required!


• Generous amount of paid time off: 17 days of paid time off, additional paid sick days, and 11 paid company holidays!


• Health & well-being: We’ll invest in your physical and mental well-being with comprehensive, low-cost medical, dental, & vision benefits—and an EAP for additional support!


• Food & meals: In-office snacks and drinks!


• Grow together: We set new employees up for success with our company-wide New Hire Orientation! Other learning and development opportunities include quarterly possibilities for promotion and annual performance reviews.


• Baby bonding time: Birthing and non-birthing parents receive 12 weeks of FULLY PAID time off to focus on their new addition(s)!