Senior Associate, Claims & Risk Management
Every day, our team members do amazing things in pursuit of our shared purpose to build trust with our clients, partners, subcontractors, and teammates. No matter your background, education, or career path, if you share our vision to create extraordinary experiences, you belong at HITT.
About the role
This role is responsible for daily management and handling of a wide variety of claims for HITT’s construction organizations. The Senior Associate, Claims & Risk Management meaningfully contributes to analytical support for the Insurance & Risk Management team and leadership, including periodic reporting of claim and incident trends. This position performs work that varies in scope and supports professional development within the Insurance & Risk Management department. The role proactively develops solutions to problems and uses sound judgment in issue escalation to leadership. It applies fundamental insurance and claim concepts, practices, and procedures in support of the claims functions. This is an exceptional individual contributor role that reports to the Senior Manager, Claims & Risk Management. This full-time position is based at HITT’s Headquarters in Falls Church, VA, with a minimum 4-day per week in-office schedule.
Responsibilities
- Manage property and casualty incidents including investigation, follow-up, and closure within authority.
- Handle claim reporting and management for various lines of coverage, including auto, general liability, property, workers’ compensation, builder’s risk, pollution, and professional liability.
- Provide independent claims handling and shared coordination with the Senior Manager, Claims & Risk Management.
- Offer guidance on applicable insurance coverage, limits, and deductibles.
- Serve as a liaison with insurance company claims professionals and internal stakeholders to ensure successful claim outcomes.
- Draft settlement recommendation memorandums within prescribed authority.
- Pursue subrogation recovery when warranted.
- Review claim deductible billings for accuracy and process invoices.
- Assist in the production of documents and coordinate internal depositions for litigated cases.
- Work with the Legal team to identify and track cases requiring a legal hold.
- Manage a calendar of key dates for open matters.
- Participate in interviews with prospective attorneys and vendors; update and maintain a list of approved attorneys and vendors.
- Create and distribute program documents.
- Collect and organize loss run reports, invoices, and other financial information in support of captive insurance.
- Contribute to captive management, analysis, and reporting.
- Administer and analyze health and safety data using specialized software.
- Serve as a technical subject matter expert on claims data within the insurer platform.
- Analyze incident and claims data to draw meaningful conclusions for internal reporting.
- Generate company resources such as news articles and presentations on relevant topics.
- Liaise with insurance company resources for claim and loss control best practices.
Requirements
- Bachelor’s degree in Risk Management, Business, Finance, Economics, Safety, or related fields preferred, but not required; in lieu of a degree, additional work experience is acceptable.
- Minimum of 3-5 years of experience handling property & casualty insurance claims.
- Experience in the architecture/engineering/construction (AEC) field or commercial real estate development is highly desirable.
- Adept with Microsoft Excel for data analytics and financial summaries.
Pay
In accordance with Virginia Senate Bill 215 (SB 215), the base salary range for this position is $77,000.00 - $112,000.00. Compensation in other cities and states may vary.
Benefits
- Competitive total benefits and compensation package, including performance-based bonuses.
- Premium health care coverage including vision and dental.
- Employer-matched 401(k).
- Wellness reimbursement program.
- Paid holidays and time-off.
- Other voluntary benefits and leave types.
The determination of salary is based on the candidate’s individual professional experience, qualifications, education, skills, and training.