Claims Analyst - Captives

  • Insurance Talent Group
  • Toronto, Ontario, Canada
  • Mar 17, 2021
Actively Hiring Now! Accounting/Finance Claims - Casualty Claims - Management Claims - Property

Job Description

Our client is an asset manager focused on building a diversified portfolio of investments across geographies, asset classes, and the spectrum of risk and return. They are committed to achieving the best-possible long-term risk-adjusted returns for their clients.

 What We Offer

 Are you a self-motivated and driven professional looking to advance your career and take on new challenges with a breadth of responsibilities?  Do you have, or are you working towards your CIP?  Do you like to work in a fast-paced environment and look for continuous improvement opportunities?  Are you detail-oriented, able to work well under pressure, and have very strong written and verbal communication skills?  Do you have a strong sense of business and wanting to be a part of an evolving and growing team?  If so, we have an exciting opportunity available for a Senior Claims Analyst.

 Reporting to the Assistant Treasurer, the Senior Claims Analyst will be responsible for maintaining a comprehensive risk management program, including the management of all policies and claims for the Company, provision of coverage recommendations, and identification of improvement opportunities.

 Responsibilities

  •  Manage the day to day operations of claims including the maintenance of various claims processes and systems.
  • Work with insurers and internal operations on the management of claims and presentation of claims to insurers.
  • Assist in identifying and analyzing problems/issues for the claims department, and testing solutions.
  • Assist with business modeling for increased efficiency.
  • Compile and organize various scheduled and ad-hoc reports in an accurate and timely manner.
  • Develop and maintain knowledge and understanding of company operations/procedures.
  • Participate in special projects to support Regional and National management as required.
  • Responds to insurance-related inquiries from internal groups, lenders, and suppliers/contractors.
  • Coordinate department meetings, maintain meeting schedules.
  • Assist with policies renewal including documentation preparation, underwriting submissions, and related reports (i.e. premium adjustment reports).
  • Maintain up-to-date knowledge of insurance markets, current developments, and trends in the field of insurance and risk management through industry publications, surveys, and participation in professional associations and organizations.
  • Other related duties as assigned.

 What You Bring

  •  University Degree, with a specialization in Finance or Accounting preferred
  • Post-secondary school education and/or equivalent on the job experience.
  • Minimum 7 years of insurance work experience preferred.
  • Minimum 2 years of construction claims handling experience preferred.
  • Previous experience in the property and casualty industry.
  • Strong working knowledge of internal business operations, operational procedures, workflow and processing functions.
  • Strong knowledge of insurance trends, developments, current standards, philosophies, and federal and provincial/local laws and regulations.
  • Knowledge of claims systems (CPLUS. VIP, ClaimsDesk, Guidewire) is beneficial.
  • Advanced working knowledge of computer programs, including the Microsoft Office Suite such as Word and Access, is required.
  • Experience with Power BI is beneficial.
  • General knowledge of captive insurance is an asset
  • Experience making recommendations regarding appropriate coverage for various projects.
  • CIP/FCIP/CRM certified or actively pursuing.
  • Ability to recognize problems/issues and implement an appropriate solution within established guidelines.
  • Ability to organize, interpret, and apply data/information from a variety of sources for report preparation.
  • Ability to plan, organize, and manage multiple demands and changing priorities, and deliver results.
  • Strong problem-solving and decision-making abilities.
  • Effective verbal and written communication skills.
  • Effective interpersonal skills with the ability to build strong relationships at all levels.
  • Ability to work successfully within functional and cross-functional teams.
  • Demonstrated commitment to ongoing professional and technical development.
  • Strong learning agility and the ability to manage competing demands.