Loss Mitigation Specialist Salary at Durham Nc Llc BETA
How much does a Durham Nc Llc Loss Mitigation Specialist make?
As of March 2025, the average annual salary for a Loss Mitigation Specialist at Durham Nc Llc is $76,235, which translates to approximately $37 per hour. Salaries for Loss Mitigation Specialist at Durham Nc Llc typically range from $66,959 to $84,330, reflecting the diverse roles within the company.
It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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What Skills Does a person Need at Durham Nc Llc?
At Durham Nc Llc, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
- Risk Assessment: Broadly speaking, a risk assessment is the combined effort of: identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. risk analysis); and making judgments "on the tolerability of the risk on the basis of a risk analysis" while considering influencing factors (i.e. risk evaluation).Put in simpler terms, a risk assessment analyzes what can go wrong, how likely it is to happen, what the potential consequences are, and how tolerable the identified risk is. As part of this process, the resulting determination of risk may be expressed in a quantitative or qualitative fashion. The risk assessment is an inherent part of an overall risk management strategy, which attempts to, after a risk assessment, "introduce control measures to eliminate or reduce" any potential risk-related consequences.
- Casualty Insurance: Casualty insurance is a broad category of insurance coverage for individuals, employers, and businesses against loss of property, damage, or other liabilities. Casualty insurance includes vehicle insurance, liability insurance, and theft insurance.
- ARM: ARM is a family of reduced instruction set computer instruction set architectures for computer processors, configured for various environments.
- Underwriting: Underwriting services are provided by some large financial institutions, such as banks, or insurance or investment houses, whereby they guarantee payment in case of damage or financial loss and accept the financial risk for liability arising from such guarantee. An underwriting arrangement may be created in a number of situations including insurance, issue of securities in a public offering, and bank lending, among others. The person or institution that agrees to sell a minimum number of securities of the company for commission is called the underwriter. The name derives from the Lloyd's of London insurance market. Financial bankers, who would accept some of the risk on a given venture (historically a sea voyage with associated risks of shipwreck) in exchange for a premium, would literally write their names under the risk information that was written on a Lloyd's slip created for this purpose.
- Time Management: Managing and setting priorities, goals, and timetables to boost productivity and efficiency in completing tasks.
Related Jobs
Check more jobs information at Durham Nc Llc
| Job Title | Average Durham Nc Llc Salary | Hourly Rate | |
|---|---|---|---|
| 2 | Manager, Financial Operations | $123,089 | $59 |
| 3 | Manager, Financial Reporting | $127,105 | $61 |
| 4 | Manager, Fiscal Services | $123,089 | $59 |
| 5 | Manager, Organizational Development | $127,233 | $61 |
| 6 | Manager, Planning & Performance | $145,287 | $70 |
| 7 | Manager, Program Management Office | $143,411 | $69 |
| 8 | Mechanical Inspector | $47,562 | $23 |
| 9 | Meter Installer | $83,162 | $40 |
| 10 | Office Assistant | $39,437 | $19 |
| 11 | Office Coordinator | $49,568 | $24 |
| 12 | Parks Superintendent | $41,790 | $20 |
| 13 | Plans Reviewer | $104,125 | $50 |
Hourly Pay at Durham Nc Llc
FAQ about Salary and Jobs at Durham Nc Llc
The average hourly pay is $37. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
According to the data, the highest approximate salary is about $84,330 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
According to the data, the lowest estimated salary is about $66,959 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.