Insurance Escrow Manager (Full Time) - Plano Ops
Company: PROSPERITY BANK
Location: Plano
Posted on: February 16, 2026
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Job Description:
Job Description Job Description * A pre-employment credit check
will be performed on all qualified applicants.* External
Applicants: Please apply through Prosperity Bank's Career Center at
https://www.prosperitybankusa.com/Careers. Applying through any
other source may prevent Prosperity from receiving your
application. Internal Applicants: If you are a current associate of
Prosperity Bank, please apply through the internal Talent - Career
Center in ADP. Prosperity Bank is an Equal Opportunity Employer.
POSITION PURPOSE Responsible for the management of escrowed and
non-escrowed taxes and insurance for the Bank and ensuring all
policy and procedures are followed which includes any regulatory
and internal guidelines. ESSENTIAL FUNCTIONS AND BASIC DUTIES
Management of a 3rd party vendor that pertains to the monitoring of
insurance. Manage a team of and Escrow Admins, Escrow Specialists
and Senior Escrow Specialists directly in multiple physical sites.
Train new escrow team members and be the Subject Matter Expert for
all processes and procedures Specifically on flood insurance
questions and issue. This includes ensuring that all clauses on the
policies meet the banks requirements. (i.e. Mortgagee Clause, Loss
payee) Must be able to calculate and verify amounts on policies
that contain coinsurance clauses to ensure the bank is covered in
the event of a loss Must be able to review construction budgets and
determine proper coverage amounts on Builders Risk per the
insurance guidelines Must be able to assist the lender and the
pre-close teams with determining Flood coverage amounts on various
structures. Must be able to ascertain information to finalize flood
coverage amounts to align with the flood regulations Must assist
lenders and admins with overlays of large acreage along with
structures to determine what is in our out of a flood zone Must be
able to assist with elevations certs sent to FEMA for review
Responsible for owning the flood vendor relationship and being the
liaison for bank Responsible for updating Flood policies and
procedures and obtain approval from compliance. Prepare daily,
weekly, and monthly reports to monitor insurance to ensure all
insurance is paid and tracked timely and accurately. Maintain,
monitor, and reconcile daily financial transactions. Execute all
live checks as needed and work with the print vendor on any changes
to the check printing. Monitor and approve all financial
transactions from the escrow team for keyboarding and branch
capture. Work with Escrow Manager for any core system releases and
testing. Conduct periodic meetings with all escrow teams together
and on a one-on-one basis. Write policy and procedures and job
aids. Follow all compliance and regulatory guidelines and
procedures. Handle any escalated internal or external customer
issues. Conduct periodic audits on existing processes. All other
tasks and duties as assigned. The above statements describe the
general nature and level of work only. They are not an exhaustive
list of all required responsibilities, duties, and skills. Other
duties may be added, or this job description amended at any time.
SUPERVISORY RESPONSIBILITIES: Approve timesheets. Manage a team of
Escrow Admins, Escrow Specialists and Senior Escrow Specialists
directly in multiple sites. Prepare and deliver yearly reviews.
QUALIFICATIONS Education/Certification: High School Diploma, GED or
equivalent REQUIRED KNOWLEDGE: Thorough knowledge of Microsoft
Excel and Microsoft Word. The ability to maintain and create
spreadsheets and customer correspondence. Thorough knowledge of how
escrow accounts work and how to calculate escrow analysis. Thorough
knowledge of the different types of insurance perils based upon the
collateral of the loans. Basic understanding of RESPA and
Regulations as it pertains to escrow. Thorough knowledge of the
flood regulation and the flood insurance requirements based upon
the loan type. REQUIRED EXPERIENCE : Proficient computer skills.
Minimum of 3 years’ experience working with all types of insurance
as it pertains to all consumer and commercial type loans. Prior
experience with managing teams. Preferred experience with managing
a 3rd party vendor for insurance. SkillS/Abilities : Must be able
to handle and resolve high volumes of work and meet strict
deadlines. Ability to read and comprehend simple instructions,
short correspondence, and memos. Ability to write detailed
correspondence. Ability to speak effectively and clearly in
response to internal and external customer requests and inquires.
Must be a critical thinker and able to analyze situations and
escalate to management as needed and the ability to make decisions
based upon policy and procedure. Highly organized and
self-motivated. Excellent verbal and written skills. Have a strong
knowledge of spreadsheet software and word processing software.
Needs to have a strong attention to detail and be able to perform
multiple tasks under pressure. Tact in dealing with customers and
associates and experience liaising with varied bank departments to
resolve issues. Ability to effectively write policy and procedures.
Ability to effectively train new and existing associates on any new
processes or changes to processes. Monday - Friday: 8:00AM -
5:00PM
Keywords: PROSPERITY BANK, Flower Mound , Insurance Escrow Manager (Full Time) - Plano Ops, Accounting, Auditing , Plano, Texas