At a Glance
- Tasks: Manage insurance claims and protect credit union collateral while ensuring compliance with laws.
- Company: Join a supportive credit union focused on member satisfaction and community impact.
- Benefits: Enjoy competitive salary, comprehensive health insurance, 401(k) match, and tuition reimbursement.
- Other info: Opportunities for advancement based on performance and management recommendations.
- Why this job: Make a difference in members' lives while developing valuable skills in insurance and finance.
- Qualifications: High school diploma required; strong communication skills and knowledge of insurance preferred.
The predicted salary is between 53226 - 99908 £ 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.
- Responsible for maintaining records and adherence to department procedures and practices for secretions claims for collateralized loans.
- Responsible for maintaining records and adherence to department procedures and practices for protection of credit union collateral when impounded by private or public agencies.
- Responsible for maintaining records and adherence with department procedures and practices for member and insurance company contact during total loss claims involving credit union collateral.
- Responsible for maintaining records and adherence with department procedures and practices for refund of After Market Products for repossessed collateralized loans.
- Responsible for maintaining records and adherence with department procedures and practices for Collateral Protection Insurance damage and reimbursement claims for repossessed collateral.
- Responsible for administrative functions necessary to support Collateral Protection Insurance program to include, but not limited to processing claims, premiums, refunds, billings, file maintenance and posting.
- Responsible for maintaining 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 a 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). 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
Starting base salary will be determined based on candidate experience, qualifications, education, and applicable local or state wage requirements, and will fall within the range provided below. In accordance with our Salary Administration policy, new hire base salaries generally fall between the minimum and midpoint of the listed range.
Salary Pay Range 10: $63,233 - $99,908 annually
Salary Pay Range 11: $57,484 - $90,230 annually
Salary Pay Range 12: $53,226 - $81,405 annually
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 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 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 thoroughly. Understand their values and how your skills align with their needs. This will help you stand out and show that you're genuinely interested.
✨Tip Number 3
Practice makes perfect! Do mock interviews with friends or family to get comfortable with common questions. The more you practice, the more confident you'll feel when it’s time to shine.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Special Credits Insurance Control Officer I, II, III in Street
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your application to highlight how your skills and experiences align with the role of Special Credits Insurance Control Officer. We want to see how you can contribute to controlling adverse actions associated with credit union collateral.
Show Off Your Communication Skills: Since good written and verbal communication skills are a must, don’t shy away from showcasing these in your application. Use clear and concise language to demonstrate your ability to convey information effectively.
Highlight Relevant Experience: If you have experience with repossession, foreclosures, or insurance claim processing, make sure to mention it! We love seeing candidates who understand the ins and outs of the industry and can hit the ground running.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it gets into the right hands!
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 claim processing. 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 with members or agencies.
✨Be Ready for Scenario Questions
Expect questions that put you in hypothetical situations related to credit union collateral and claims processing. Practice your responses to scenarios where you might need to make decisions regarding adverse actions or member interactions, demonstrating your problem-solving abilities.
✨Highlight Your Attention to Detail
This role requires maintaining accurate records and adhering to procedures. Be prepared to discuss how you ensure accuracy in your work, perhaps by sharing specific examples of how you've managed documentation or compliance in previous positions.