At a Glance
- Tasks: Manage credit union collateral and ensure compliance with laws and procedures.
- Company: Join a supportive credit union focused on member service and community.
- Benefits: Enjoy competitive pay, health insurance, 401(k) matching, and tuition reimbursement.
- Why this job: Make a difference in members' lives while developing valuable skills in finance.
- Qualifications: High school diploma and strong communication skills required.
- Other info: Opportunities for advancement based on performance and experience.
The predicted salary is between 40000 - 60000 £ per year.
Overview
Reports To: Senior SC Insurance Control Officer
Primary Functions: Controlling adverse actions associated with credit union collateral.
Duties and Responsibilities:
- Comply with federal, state and local laws and credit union procedures and practices regarding adverse actions involving credit union collateral.
- Maintain records and adherence to department procedures and practices for secretions claims for collateralized loans.
- Maintain records and adherence to department procedures and practices for protection of credit union collateral when impounded by private or public agencies.
- Maintain records and adherence with department procedures and practices for member and insurance company contact during total loss claims involving credit union collateral.
- Maintain records and adherence with department procedures and practices for refund of After Market Products for repossessed collateralized loans.
- Maintain records and adherence with department procedures and practices for Collateral Protection Insurance damage and reimbursement claims for repossessed collateral.
- Support Collateral Protection Insurance program administrative functions necessary to include, but not limited to processing claims, premiums, refunds, billings, file maintenance and posting.
- Maintain records and adherence with department procedures and practices for proof of insurance or insurance cancellations letters received by member(s) and applicable refunds amounts within Special Credits.
- Perform other duties as assigned.
Qualifications:
Education: High school diploma or equivalent.
Experience/Skills: Requires good written and verbal communication skills. Knowledge of laws and regulations involving repossession, foreclosures and insurance claim processing preferred.
Tenure: Special Credits Insurance Control Officer II (Category 11) requires one year as an Special Credits Insurance Control Officer I (Category 12). Special Credits Insurance Control Officer III (Category 10) requires 12 months tenure in the Special Credits Insurance Control Officer II (Category 11). Assignment to the Senior Special Credits Insurance Control (Category 09) will be determined by the candidate's education or experience. Advancement requires management recommendation and will be based on the candidate's performance. At management's discretion, directly related work experience and/or accelerated training completion may be substituted for tenure.
Compensation:
Salary Pay Range:
- Special Credits Insurance Control Officer I (Category 12): $53,226 - $81,405 annually
- Special Credits Insurance Control Officer II (Category 11): $57,484 - $90,230 annually
- Special Credits Insurance Control Officer III (Category 10): $63,233 - $99,908 annually
Starting base salary will be determined based on candidate experience, qualifications, education, and local or state wage requirements, if applicable and will fall within the range provided above. In accordance with our Salary Administration policy, new hire base salaries generally fall within the minimum to midpoint of the listed range.
Benefits:
- Short-term and long-term incentives
- Comprehensive medical, dental and vision insurance plan that has HSA and FSA options
- 401(k) plan with a 5% match
- Employee Assistance Program (EAP)
- Life and disability coverage
- Voluntary cash benefits for accident, hospitalization and critical illness
- Tuition Reimbursement
- Generous leave programs to include Paid Time Off accrual, Paid Sick Leave, Paid Holidays
Equal Opportunity Employer
Special Credits Insurance Control Officer I, II, III in Adwick le Street employer: Global Credit Union
Contact Detail:
Global Credit Union Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Special Credits Insurance Control Officer I, II, III in Adwick le Street
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and role. Understand their values and how you can contribute. Practise common interview questions and have your own ready to show your interest.
✨Tip Number 3
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm and keeps you fresh in their minds as they make decisions.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge over other candidates.
We think you need these skills to ace Special Credits Insurance Control Officer I, II, III in Adwick le Street
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your application for the Special Credits Insurance Control Officer role. Highlight your relevant experience and skills that match the job description, especially your knowledge of insurance claims and collateral management.
Show Off Your Communication Skills: Since good written and verbal communication skills are key for this role, don’t shy away from showcasing these in your application. Use clear and concise language, and make sure your writing is free from errors.
Follow the Guidelines: Pay close attention to the application instructions provided. Ensure you include all required documents and information, as this shows us that you can follow procedures, which is crucial for the role.
Apply Through Our Website: We encourage you to apply directly through our website. This not only streamlines the process but also ensures your application reaches us quickly and efficiently. Plus, it’s super easy!
How to prepare for a job interview at Global Credit Union
✨Know Your Stuff
Make sure you brush up on the laws and regulations surrounding repossession, foreclosures, and insurance claims. Being able to discuss these topics confidently will show that you're serious about the role and understand the responsibilities involved.
✨Showcase Your Communication Skills
Since good written and verbal communication skills are essential for this position, prepare examples of how you've effectively communicated in past roles. Think about times when you had to explain complex information clearly or resolve conflicts.
✨Familiarise Yourself with Procedures
Get to grips with the specific procedures and practices related to collateral management and claims processing. If you can demonstrate knowledge of these processes during your interview, it will set you apart from other candidates.
✨Prepare Questions
Have a few thoughtful questions ready to ask at the end of your interview. This shows your interest in the role and helps you gauge if the company is the right fit for you. Consider asking about the team dynamics or what success looks like in this position.