ASCENDING Inc. · 1 day ago
Rental Insurance Escrow Analyst
Richmond, VA
Full-time, Contract
Hybrid
Entry, Mid Level
1+ years expASCENDING Inc. is seeking a meticulous and analytical Rental/Insurance Escrow Analyst to join their loan servicing team. This role is responsible for managing escrow accounts with a focus on insurance compliance and tax disbursements for rental housing portfolios.
Information ServicesInformation Technology
Responsibilities
Policy Review: Monitor and review insurance policies (Property, General Liability, Flood, etc.) to ensure compliance with loan documents and investor requirements
Renewal Management: Track expiration dates and coordinate with borrowers and insurance agents to obtain updated evidence of insurance prior to policy expiration
Compliance Resolution: Identify and resolve coverage deficiencies or lapses, ensuring continuous protection for the portfolio
Escrow Analysis: Perform annual escrow analysis to ensure appropriate collection levels and identify any surpluses or deficiencies
Disbursement Oversight: Timely and accurate processing of payments for property taxes and insurance premiums from escrow accounts
Data Integrity: Maintain accurate records in the servicing system regarding tax cycles, insurance premiums, and escrow balances
Audit Readiness: Maintain organized digital files and documentation to support internal audits and regulatory reviews
Stakeholder Support: Respond to inquiries from borrowers, insurance agents, and taxing authorities regarding escrowed items
Collaborative Support: Work closely with Loan Servicing Officers to ensure a smooth transition during loan onboarding or payoffs
Qualification
Required
1–3 years of experience in escrow administration, insurance tracking, or mortgage loan servicing
Strong proficiency in Microsoft Excel (data entry and basic formulas) and experience with loan servicing software
Exceptional accuracy in managing financial data and reviewing legal/insurance documents
Proven ability to manage high volumes of time-sensitive tasks and meet strict disbursement deadlines
Preferred
Familiarity with LIHTC, HUD, or other affordable housing insurance requirements
Understanding of NFIP (National Flood Insurance Program) guidelines and property tax cycles
Company
ASCENDING Inc.
The ASCENDING team commits to delivering scalable and high-available cloud solutions to clients.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Ryo Hang
Managing Partner, Technical Cofounder
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