Claims Analyst/ Senior Claims Analyst

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Position Summary

We are seeking a bright and motivated Claims Analyst to join our team in Morristown, NJ. Under the direction and supervision of the Treaty Claims Director, the Claims Analyst will be responsible for handling the day-to-day excess claims activity and assisting the Claims Team as required. With training and experience, our goal is to increase processing responsibilities and further develop the Claims Analyst.

Responsibilities and Accountabilities

• Process initial claim setup by analyzing preliminary claim notifications including coverage verification and associated checks
• Provide updates to Regis and Laserfiche files with notices on existing claims in accordance with policies and procedures
• Maintain and handle claim diaries, electronic files and Letters of Credit
• Communicate with Underwriters, Brokers and Ceding Companies to identify and collect additional information and documentation that may be required in support of claim
• Process claims payments including providing supporting information
• Review & verify broker statements
• Participate in the Quarterly review of claims balances in aged receivable reports

Required Skills and Abilities

• Minimum of 3 years relevant reinsurance property and casualty claims experience
   

Desired Skills and Abilities

• Experience conducting detailed analysis of claims and coverage issues
• Ability to analyze and provide clear written reports
• Strong organizational skills with the drive to take initiative and work with minimal supervision
• Proven ability to communicate effectively with individuals at all levels and in all areas of the organization, as well as with outside contacts

Education and Experience

• Bachelor’s Degree

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For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$100,000 - $140,000/year

• Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

• Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more. Click here to learn more on available benefits.

   

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

13100 Arch Reinsurance Company