About this Mortgage Escrow Insurance Specialist role at Lake Michigan Credit Union
Primary Location: Grand Rapids, MI
Employee Status: Full-Time
Workplace Type: Fully On-Site
Who we are:
At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.
About this position:
The Escrow Insurance Specialist I is responsible for supporting escrow operations through the accurate processing of insurance-related tasks, timely vendor communication, and precise maintenance of loan records. This role manages lender-placed insurance functions, processes escrow-related reports, and ensures compliance with investor, federal, and state regulations. The Escrow Insurance Specialist also collaborates across departments to resolve member inquiries, adapt to new workflows or system updates, and maintain accurate and up-to-date servicing documentation.
What you’ll do:
Accurately process and manage insurance-related tasks and queues, ensuring timely completion and accuracy.
Communicate and follow up with vendors and insurance agents to ensure timely escrow
payments, confirm policy details, and update loan records.
Oversee lender-placed insurance by analyzing reported loans, approving billing, maintaining
systems, and processing insurance refunds.
Collaborate with departments to efficiently resolve member inquiries, and adapt to new
work flows and system updates.
Maintain accurate loan records and adhere to standardized processes to optimize
productivity and minimize discrepancies.
Possess a basic understanding of flood regulations and confidently address related inquiries.
Process and review reports generated by LMCU and vendors, updating servicing systems
accordingly, and retrieving documentation from internal and external systems.
Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence
Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
What you’ll bring:
A minimum of one year up to three years of similar or related experience, including preparatory experience. 3-5 or more years of combined customer service or mortgage, industry experience preferred. Strong data entry skills and attention to accuracy in spreadsheets, databases, and internal systems.
A high school degree or equivalent.
Strong data entry skills and attention to accuracy in spreadsheets, databases, and internal systems.
Proficiency in Microsoft Office Suite (Word, Excel, Outlook), Teams/Zoom, PDF tools, and web browsers.
Skilled in creating, editing, and organizing documents and spreadsheets (Word, Google Docs, Excel, Google Sheets).
Ability to manage calendars, email, and correspondence effectively.
Knowledge of standard office equipment and processes (printing, scanning, filing).
Professional phone etiquette and clear written/verbal communication across telephone, email, and chat.
Strong time and task management; able to prioritize multiple assignments with minimal supervision.
What you’ll get:
All Employees: weekly pay and retirement savings options.
Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
To see a full list of our benefit offerings, check out this helpful guide!
Have additional questions about the role? Email the Talent Acquisition Team at: [email protected].
If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to P.O. BOX 2848, Grand Rapids, MI 49501-2848.
