Associate, Mi and Conventional Claims

3 days ago

Bengaluru, India Ocwen Financial Full time

: - Associate, MI and Conventional Claims

JOB FUNCTIONS AND RESPONSIBILITIES
- An Agency claims analyst handles advance reimbursement claims filing and all other associated activities to GSEs (Freddie Mac, Fannie Mae and PHH Master Servicing) on loans triggered through a liquidation event. These activities include but are not limited to:

- Reconcile advance transaction history against outstanding advance balances in the applicable receivable GLs (General Ledger Accounts)
- Analyze and identify the advance transactions reimbursable by the investor according to GSE/OMS guidelines
- Source all required documentation from iDesk, prior servicer systems or other sources available. If documentation is not received via any system, reach out to the BU and prior servicer, where applicable, who incurred the expense to get the documentation.
- Keep track of such documentation requests and escalate to management in cases of non-availability of documents and subsequent risk of claim denial
- File the claim on the investor portal with sufficient documentation and information as required by the GSE guidelines
- Process denied claims and submit supplemental claims to GSE as applicable after researching the denial reason and investor guidelines with compelling reasons
- If no recourses remain to get reimbursed by the investor, prepare loss claims to be submitted to prior servicers and/or vendors through bill-back recovery
- Perform loss analysis for the expenses denied by the GSE and cannot be billed back to vendors for recovery, and process them for write-off
- Perform balances reconciliation to ensure no outstanding advances are left unattended
- Perform aged balances reconciliation for reporting to senior management
- Perform payment posting activities to post the funds recovered from GSE on the MSP system

EDUCATION / EXPERIENCE
- B.Com / M.Com graduates with Finance & Accounting work experience preferred
- Ability to reconcile complex advance histories and receivable accounts preferred
- An analytical mindset to scrutinize advance transactions and identify claimable transactions per investor guidelines
- Excellent communication skills, primarily written communication
- Proficiency in MS Excel
- No documented disciplinary action in the past 12 months

WORK SCHEDULE OR TRAVEL REQUIREMENTS - NA

  • Claims & Mis Executive

    5 days ago

    Bengaluru, Karnataka, India Sri Sri Tattva Full time

    **Role Description** This is a full-time on-site role for a Sr. Claims Executive with strong MS. Excel, located in Bengaluru. The Sr. Claims Executive will be responsible for handling and managing claims, ensuring accurate processing, and maintaining effective communication with stakeholders. Daily tasks include claims assessment, documentation, customer...

  • Claims Processing Associate

    6 days ago

    Bengaluru, Karnataka, India beBeeClaimsProcessing Full time ₹ 9,00,000 - ₹ 12,34,567

    About the RoleEthos is scaling quickly and looking for passionate individuals to protect the next million families. As a Claims Associate, you will be responsible for the intake, processing, and tracking of life insurance claims, ensuring accuracy, compliance, and compassionate service.This includes taking inbound calls from beneficiaries and policyholders,...

  • Claims Executive

    6 days ago

    Mahatma Gandhi Road, Bengaluru, Karnataka, India Disha Capital Insurance Brokers Full time

    **Claims Executive - EB** - **Job Summary**: We are seeking a qualified Claims executive to help our clients in claims and any other query solution through their own skills. Our ideal Claims executive has to have indepth knowledge of and experience with the Claim process, Policy terms and conditions, relationship building and MIS management. We are seeking a...

  • Claims Servicing

    3 days ago

    Bengaluru, Karnataka, India WTW Full time

    **Description**: - Interaction on claims will be with client, insurer and internal stakeholders in WTW - Scrutinizing the data shared by the customer for accuracy of claims intimation and entering the same in the marine claims portal - Thoroughly check documents submitted by customer and in case of discrepancies, communication to be sent back to the...

  • Claims Associate

    1 week ago

    Bengaluru, Karnataka, India Nova Benefits Full time

    **Location - Bangalore**: **CTC - 4-5 LPA**: **Nova Benefits** is on a mission to provide the best in class health and wellness benefits for employees in India. We envision that a vast majority of the county's population will get better access to high-quality healthcare through their employers. We are a tech-first company and believe that technology can make...

  • Mis Executive

    4 days ago

    Bengaluru, India Quess IT Staffing Full time

    **About Us** “Magna Infotech, now Quess IT Staffing, is India’s largest IT staffing company with over 20 years of experience in staffing IT professionals in 300+ companies across levels and skillsets. Our 10,000+ associates deployed in 80+ cities and towns are proficient in over 500 technological skills. Our associates help enable cutting edge solutions...

  • Claims Service Manager

    3 weeks ago

    Bengaluru, Karnataka, India Liberty Mutual Full time

    Job Description- MIS Management of Claims, Audit IT Development.- No of years 5-8 years Minimum- Type of Industry General Insurance- Specific knowledge of Property Claims Handling.- Experience in Managing internal and external audits.- Fair exposure in handling IT projects of commercial lines.- Proficient in MS Excel, MS PP- Prepare various excel reports and...

  • Healthcare claims

    6 days ago

    Bengaluru, Karnataka, India 2coms Full time

    1.Healthcare claims - AssociateJob Responsibilities1. Basic understanding of medical documents - to categorize the documents shared by the claimant2. Excellent multitasking skills, with the ability to work on many projects at once.3. Must be very detail-oriented and organized, to maintain accurate details in the system.4. Its important you have ability to...

  • Associate- Cashless Claims Level 2

    4 days ago

    Bengaluru, Karnataka, India Plum Benefits Full time

    **Bengaluru** **Customer Success - Customer Success /** **Full Time /** **On-Site** **About this role**: - The job purpose of a Cashless Claims Team Associate is to process and manage cashless claims for employees. This includes verifying policy coverage, reviewing medical records, coordinating with Insurers, and ensuring that claims are processed...

  • Claims Management Professional

    4 days ago

    Bengaluru, Karnataka, India beBeeInsurance Full time ₹ 9,00,000 - ₹ 12,00,000

    Job Description:">MIS management of claims, audit IT development is a key responsibility of the Claims Service Manager.The ideal candidate will have at least 5-8 years of experience in claim management.The type of industry we are looking to hire for is General Insurance.The role requires specific knowledge of property claims handling.Experience in managing...