Jobs · Finance · Connecticut

Claims Analyst, North American Claims Group

Allied World · Farmington, CT · 1 wk ago
On-siteFinance$80k–$90k/yrFull-time
Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members. Job Summary: Investigate, evaluate, and resolve insurance/reinsurance claims across multiple lines of business. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Provide superior service to all customers, whether internal or external. Job Duties and Responsibilities: Claims Management Efficiently manage a vigorous caseload of claims involving a broad spectrum of accounts and coveragesAnalyze claims on multiple lines of businessReview incoming documents to verify coverage and establish case reserves and where necessary Additional Case Reserves (ACRs)Promptly investigate matters, analyze coverage, and draft accurate and timely coverage correspondenceVerify financial information and process payment requests with reinstatement offset where appropriate Litigation & Settlement Manage litigation by effectively interacting with insureds, brokers, defense counsel and other parties as requiredInstruct and collaborate with counsel regarding litigation strategy and claim resolutionNegotiate and resolve claims within scope of delegated authorityRepresent Company in resolution of claims and participate in legal proceedings, including mediations Stakeholder Collaboration Conduct claim reviews at ceding companies when requestedInteract with underwriters concerning renewals, prospective accounts, and individual claimsMeet with existing or prospective insureds and brokersLiaise with other departments as required and provide assistance when needed Reporting & Administration Prepare claim summaries, executive reports, and other management reports as necessaryGenerate various reports as required and work on special projects as neededAttend and/or present at relevant industry conferences/meetingsAssist with claims-related queries in internal and external auditsWork with reinsurers as needed Qualifications: University degree0-3+ years claims experienceExcellent communication skills and independent work styleStrong writing and organizational skillsStrong negotiation skills and technical writing experienceAbility to multi-task, prioritize, and interact with all levels inside and outside of the CompanyProficient in Microsoft applications including Word, Excel and OutlookKnowledge of claims, legal and coverage issues across jurisdictionsCompliance with multi-state adjuster licensing requirements The salary range for this role is between: Compensation Range (If Required By Legislation) $80,000-$90,000 The annualized base pay range is a broad range based on analysis of similar positions in the market. The actual base pay for the position may be above or below the listed range and determined by a number of considerations, including but not limited to complexity, location, and scope of the role, along with experience, skills, education, training, and other conditions of employment. Base salary represents one component of Allied World’s comprehensive total reward package, which may also include annual incentive compensation rewards. Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law. Working at Allied World Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us: • Instant membership in the Allied World — a global network of colleagues who will support your career journey • A manager who will help you build your career through a structured coaching program • Access to a full suite of learning and development tools and resources Global Presence Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

Similar jobs

Claims Analyst

Crossing HurdlesUnited States· 4 mo ago
RemoteFinance$100/hrapply on candidateportal.ceipal.com