Junior Claims Account Manager, Alternative Markets
Junior Claims Account Manager, Alternative Markets
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
With a company culture rooted in collaboration expertise and innovation we aim to promote progress and inspire our clients employees investors and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short We Enable Possibility.
Specifics duties include but are not limited to:
Manage third party administrators (TPA) ensuring compliance with Archs Best Practices
Assist Claim Account Managers with their reserve adequacy audits of each captive via review of the Third-Party Administrators claim system
Assist with ongoing training to assigned TPA adjusters where necessary
Evaluate the TPAs service standards ensuring that they are providing our insureds with quality and timely service in accordance with Archs established guidelines; ability to escalate issues
Monitor manage and provide directions to the third-party administrator on all open claims within each assigned captive along with those losses that meet the Arch reporting criteria
Maintain active monitoring of files and diary ensuring files are managed effectively
Manage exception to panel defense attorneys ensuring they are in compliance with Archs Litigation Guidelines
Assist with the review and evaluation of quarterly program scorecards to identify trends and provide input and commentary to the underwriting department and captive
Elevate and assist with managing and directing any suits wherein Arch is named directly arising out of the assigned program
Monitor and report CAT losses and any potentially large claim increases to Underwriting and Senior Claim management on an as needed basis
Qualifications
College Degree preferred
Minimum of three years working experience with claims handling
Proper adjuster licenses in all applicable states preferred
Knowledge & expertise with multiple jurisdictions
Hands-on experience and strong aptitude with Microsoft Excel PowerPoint and Word
Exceptional communication (written and verbal) influencing negotiating listening and interpersonal skills to effectively develop productive working relationships with internal/external peers and other professionals across organizational lines
Strong problem-solving analytical organizational customer service and time management skills
Ability to take part in active strategic discussions
Ability to work independently and in a team environment
#LI-SW1
#LI-HYBRID
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.
For Alpharetta: $83600 - $112918/year
For Chicago/Morristown/Philadelphia: $97100- $131130/year
For NYC: $107900 - $145700/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 isnt the right fit but youre 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 Archs Talent Acquisition team.
14400 Arch Insurance Group Inc.Required Experience:
Manager
Employment Type
Full-Time
