Claims Analyst

Job Description: Receive, review, and analyze incoming insurance claims, ensuring all necessary documentation is complete and accurate. Investigate claim details, including policy coverage, liability, and damage assessment, to determine appropriate resolution. Communicate effectively with policyholders, agents, adjusters, and other relevant parties to gather information and provide claim status updates. Negotiate and settle claims within established authority limits, adhering to company guidelines and regulatory requirements. Maintain accurate and thorough claim records, documenting all communications, decisions, and financial transactions. Identify and report potential fraudulent claims, escalating as necessary. Collaborate with underwriting and legal departments on complex or disputed claims. Stay informed of industry trends, regulations, and best practices related to claims management. Prepare and present claim reports and analyses to management as required. Assist in the development and implementation of claims processing improvements. Requirements: Bachelor's degree in Business Administration, Finance, or a related field; or equivalent work experience. 1-3 years of experience in claims analysis or a related insurance role. Knowledge of insurance principles, practices, and regulations is highly desirable. Experience with Property, MTC (Motor Truck Cargo), Builder's Risk, Yacht, Rec Marine, Auto PD and Liability, and Casualty experience is preferred. Benefits: Health insurance 401(k) retirement plan Paid time off Flexible work arrangements #J-18808-Ljbffr