Total Loss Specialist
Posted 2025-04-06At Exeter Finance, we are committed to helping customers find the right financing for their next vehicle purchase. By building strong relationships with our customers and network of dealer partners we are able to give options that make sense, getting customers behind the wheel of their car.
Every team member is integral to our success. Whether youÂre at a servicing center helping customers with their loans, in the field building relationships with dealers, or supporting the company from its corporate offices, you'll enjoy a nurturing, invigorating and positive work environment.
Our vision is to be a premier finance company and lender of choice known for its People, Performance and Service.
Job Description
Job Summary
The Total Loss Specialist I will be responsible for monitoring, reviewing and processing required functions in accordance to Total Loss and Insurance Repair requirements and timelines. The Total Loss Specialist 1 will processes Total Loss and Insurance Repair accounts and their functions in accordance to regulations, policies, procedures, service levels and quality requirements with responsibilities including, but not limited to, reviewing accounts identified as potential Total Loss or Insurance Repair, performing appropriate calculations for Total Loss and Insurance Repair funds, processing accounts into and closing Total Loss or Insurance Repair as well as reviewing and processing accounts appropriately based on verbal and written notifications of Total Loss or Insurance Repair. Communication requirements of a Total Loss Specialist 1 would include the capability to handle high volume calls which would consist of internal customers, external customers and vendors requiring support related to customer handling and the Insurance Claim process.
Job Duties
 Handle and process assigned volume within Total Loss and Insurance Repair processes for appropriate handling within established SLA, policy and procedures
 Service Potential and Actual Total Loss and Insurance Repair calls within established call handling and correspondence requirements
 Complete end to end Total Loss and Insurance Repair functions with accuracy and in compliance with regulations, policy and procedure
 Assist other departments as well as Total Loss and Insurance Repair vendors as needed
 Other duties as assigned
Education and Work Experience
 High school diploma or equivalent.
 One (1) year of experience in servicing center environment
 Experience within auto finance industry preferred
 Aptitude to evaluate and assess information and demonstrate sound business decision making ability
 Basic math skills required to calculate overall company cost benefit analysis including Insurance claims
 Detail oriented with a keen focus on accuracy and all aspects surrounding Loss Mitigation
 Ability to work in a production, goal, and quality based environment
 Experience in Total Loss and/or Insurance Repair processes preferred
 Knowledge of Total Loss, Insurance Repair and/or Insurance regulations, requirements and structure preferred
 General knowledge of collections policies and procedures and the Fair Debt Collection Practices Act (FDCPA).
 Established verbal and written communication skills.
 Working knowledge of Microsoft Office Suite, including Excel and Word.
 Ability to maintain confidentiality
 Adaptable to changes within a face paced environment
Exeter Finance LLC is an Equal Opportunity Employer.
Individual compensation packages are based on various factors unique to each candidate including
Skill Set, Experience, Qualifications And Other Job-related Reasons.
18.00 USD-$21.75
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