Claims Analyst, North American Claims Group

UAN Allied World National Assurance Company in; Farmington (CT); On-site; USD 80,000 - 90,000; Full time

Benefits offered by this job

Health, Dental and Disability Ins.

401k plan with company match

Group Term Life Insurance

Job summary

Allied World is seeking a Claims Specialist in Farmington, CT to investigate, evaluate, and resolve insurance and reinsurance claims across multiple lines of business. You will collaborate with underwriting, finance, actuarial, operations and technology to deliver accurate coverage determinations and timely settlements.

The role requires 0-2 years of claims experience, a four-year college degree, and strong negotiation and writing skills.

Qualifications

• Four-year college degree is required.
• Knowledge of claims, legal and coverage issues in all U.S. jurisdictions.
• Excellent negotiation and communication skills.
• Strong technical skills and writing experience.

Responsibilities

• Efficiently manage claims involving a broad spectrum of accounts and coverages.
• Draft accurate coverage positions and manage litigation with insureds, brokers, defense counsel, underwriters and other parties as required.
• Establish timely reserves and regularly report claim developments and trends to claims and underwriting management.
• Prepare claim summaries and executive reports for senior executives.

Skills

Negotiation

Communication

Writing

Microsoft Office

Education

Bachelor's degree

Tools

Microsoft Office

Job description

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:

Efficiently manage claims involving a broad spectrum of accounts and coverages. Promptly analyze coverage, draft accurate and timely coverage positions, and manage litigation by effectively interacting with insureds, brokers, defense counsel, underwriters and other parties as required. Establish timely and appropriate reserves and regularly report claim developments and trends to claims and underwriting management. Represent Company in the resolution of claims and participate in legal proceedings, including mediations. Work with other areas of the Company including underwriting, finance and accounting, actuarial, operations and technology on projects as requested. Prepare claim summaries and other reports as necessary for management. Prepare Executive Claim reports and present on a monthly basis to senior executives. Meet with existing or prospective insureds and brokers. Attend relevant industry conferences/meetings.

Qualifications:

Either a minimum of 0-2 years’ experience handling Environmental claims or GL-related claims. We will also consider an Environmental Consultant/ Engineer that has experience in on-site clean-up and can evaluate work plan proposals. Four-year college degree is required. Knowledge of claims, legal and coverage issues in all U.S. jurisdictions. Excellent negotiation and communication skills. Strong technical skills and writing experience. Proficient with Microsoft Office products, internet research. Ability to accurately and timely analyze coverage, draft coverage position letters and instruct and collaborate with counsel regarding litigation and coverage strategies, negotiate and resolve claims and otherwise act within the scope of delegated authority. Compliance with multi-state adjuster licensing requirements. Some travel required.

The salary range for this role is between:

Compensation Range (If Required By Legislation) $80,000-$90,000

Base salary represents one component of Allied World’s comprehensive total reward package, which may also include annual incentive compensation rewards.

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.

Our generous benefits package includes:

• Health, Dental and Disability Insurance
• a company match 401k plan
• Group Term Life Insurance

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.

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.

We strive to provide exceptional service to our clients and distribution partners. Take the next step in your career with us. Allied World is the perfect spot for driven professionals who thrive on collaboration and knowledge. We believe that when our talented team members work together, our clients get the best results. We celebrate diverse perspectives and offer growth opportunities through training, mentoring, and career development. Our people are our greatest asset, and we're proud of our exceptional team.