Intermediate Claims Analyst
Masters Insurance
- Vaughan, ON
- Permanent
- Temps-plein
- Competitive compensation package
- Generous health and dental benefits program, including Healthcare Spending Account
- Robust Group Retirement Savings program with company matching
- Reimbursements of license fees and professional membership dues
- Full support of continuing education and growth opportunities, including career mentorship with senior management
- Epic year-round employee events!
- Wellness programs, including a special initiative for new moms
- Opportunities to give back to our communities through philanthropic programs
- Membership to an exclusive employee discount program
- Discounts to gym membership and select local retailers
- Manage claims from start to finish by collecting and analysing information and documents. Reporting claims to the insurance company and monitoring the progress of the files until repair/settlement.
- Provide technical expertise, advice, and advocacy for clients on all day-to-day claim related matters, inquiries and processes.
- Coordinate services that may be required by policyholders following a claim or incident, such as arranging emergency contractors and engineers.
- Discuss coverage issues with clients and handling complaints associated with a claim.
- Contact and follow up with approved contractors to ensure appraisals and repairs have been completed.
- Monitor claims involving any Bodily injuries (BI).
- Negotiate total loss settlements between the client and insurer.
- Ensure fair settlement of a valid claim, seeking legal recovery of monies paid out and identifying reasons why full payment may not be made.
- Maintain accurate and up-to-date electronic claims files to fully document all claims.
- Build relationships with policyholders, loss adjusters, contractors, lawyers and forensic accountants, as well as other legal/claims professionals.
- Keep Masters claims summaries up-to-date by accurately inputting data into a spreadsheet.
- Participate in client meetings when required.
- Perform other related duties and special projects, as required.
- 4 to 6 years of work experience in an insurance environment is an asset, general office experience will also be considered.
- Post-secondary education completed.
- Proficient in Microsoft Office Programs including Outlook, Word and Excel.
- Licensed RIBO candidates preferred or successful completion of RIBO license within 6 months of continuous employment.
- Effective verbal and written communication skills
- Excellent organizational and time management abilities
- Self-motivation with ability to problem-solve with limited supervision
- Flexibility to work in a fast-paced and dynamic environment with changing priorities