
Claims Management Analyst – TPA Oversight
AIG
full-time
Posted on:
Location Type: Office
Location: Atlanta • Kansas • United States
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About the role
- Analyze and process first party property damage claims by investigating and gathering information to determine the exposure on the claim; ensure proactive claims handling aimed at the prompt and cost-effective resolution of claims through well-developed action plans.
- Determine need for and direct independent adjusters to gather information to determine exposure on the claim and control their costs.
- Identify and evaluate coverage issues; prepare comprehensive coverage letters with supervisory review and analysis; retain and provide direction to coverage counsel when necessary.
- Assess exposure and resolve claim within established evaluation.
- Maintain diaries and complete tasks within required timeframes as set forth by department guidelines; ensure claim files are timely and properly documented with clear and concise analysis on coverage, damages, reserves, and liability including an action plan for resolution.
- Process and pay invoices within a timely manner.
- Coordinate vendor referrals for additional investigation and/or litigation management.
- Calculate and assign timely and appropriate reserves; monitor reserve accuracy throughout the life of the claim.
- Refer case as appropriate to supervisor and management.
- Respond to requests or directions in a professional and timely manner.
- Attend arbitrations, mediations, settlement conference and trials.
- Successfully complete required State licensing examinations and continuing education requirement.
- Communicate with all internal business partners including underwriters to make sure underwriting is aware of large losses and industry trends.
- Partner with TPA Governance and Relationship Management to help TPAs and Insureds comply with claim handling and reporting guidelines.
- Work with TPA Claims Financial to check the accuracy of TPA financials ensuring alignment with TTPO financials.
Requirements
- 4 plus years of Property claims experience.
- Experience with complex and high exposure Property damage and Business Interruption claims
- Excellent communication skills (verbal/written) and strong negotiation skills
- Advanced experience and capabilities in litigation claims management, including ADR and mediation processes, involving auto/GL exposures.
- Strong technical expertise interpreting insurance contracts.
- In depth knowledge of claim handling procedures, claims performance strategies, and claim best practices.
- Advanced analytical and problem solving skills.
- Should also have a demonstrated ability to initiate and champion change initiatives that leverage technology and improve skills in benchmarking.
- Creativity in resolving challenging business problems, as well as ability to achieve business goals and objectives is essential.
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Professional development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
property claims experiencelitigation claims managementADR processesmediation processesinsurance contract interpretationclaim handling proceduresclaims performance strategiesanalytical skillsproblem solving skillschange management
Soft Skills
communication skillsnegotiation skillscreativityinitiativechampioning changecollaborationtimelinessprofessionalismattention to detailorganizational skills
Certifications
State licensing examinationscontinuing education requirements