Insurance and Risk Coordinator -FIN62 - Mon - Fri 9AM-5PM
WellLife Network · New Hyde Park, NY · 1 wk ago
OTHRFull-time
Essential Responsibilities
- Cook up annual insurance renewals, including the preparation and submission of applications for property, general liability, professional liability, automobile, cyber, and workers' compensation coverage.
- Manage property and casualty insurance claims from initial reporting through settlement and closure, ensuring timely submission of required documentation and compliance with policy requirements.
- Serve as the primary liaison with insurance carriers, brokers, adjusters, and third-party administrators.
- Monitor open claims, track claim activity, and follow up to ensure timely resolution and reimbursement.
- Review claim determinations, settlements, and payments for accuracy, escalating discrepancies and coverage issues as needed.
- Cook with facilities, operations, and program leadership to gather claim documentation, assess service impacts, and support restoration efforts following losses.
- Maintain accurate and confidential claims records, databases, and tracking systems in accordance with organizational policies and audit requirements.
- Ensure compliance with insurance policy terms, regulatory requirements, and nonprofit governance standards.
- Review and maintain vendor certificates of insurance to ensure required coverage levels are met.
- Support organizational risk management initiatives, including participation in safety committees, loss control programs, and risk assessment activities.
- Prepare claims analyses, loss trend reports, and other risk management reports for leadership and the Board of Directors.
- Aid in emergency response and damage assessment efforts following incidents affecting agency facilities or operations.
- Oversee workers' compensation claims, including claim reviews, reserve analysis, and coordination with brokers, carriers, and third-party administrators.
- Participate in workers' compensation audits and annual reviews of classification codes in collaboration with Human Resources and insurance providers.
- Cook with internal and external legal counsel on claims involving litigation, subrogation, coverage disputes, or other legal matters.
- Prepare claim summaries, supporting documentation, and reports for legal review, mediation, arbitration, or court proceedings.
- Monitor litigation-related claims to ensure alignment between claims handling, legal strategy, and insurance coverage requirements.
- Identify trends and opportunities to reduce organizational risk and support the implementation of corrective and preventive measures.
- Perform additional duties and special projects as assigned.
- A high school diploma or GED is required; an associate's or bachelor's degree in business, administration, finance, or a related field is preferred.
- One to three years of experience in insurance claims coordination, facilities administration, risk management, or related administrative roles.
- Knowledge of property and casualty insurance claims processes.
- Strong organizational skills and attention to detail.
- Proficiency with Microsoft Office (Excel, Word, Outlook) and insurance/claims management software systems (e.g., Risk Master, Origami, or similar platforms).
- Ability to manage multiple priorities and deadlines.
- Ability to learn and utilize claims tracking databases and document management systems.
- Strong written and verbal communication skills.
- A commitment to confidentiality and professionalism.