Associate Claims Analyst

Fortune Brands • North Olmsted, OH

2d • $40,000 - $66,000

About The Position

The Associate Claims Analyst processes, negotiates, and settles product liability claims for FBIN products globally.

Requirements

• 5+ years of experience in claims management
• Excellent written and verbal communication skills for interacting with all levels of staff, customers, suppliers, and operations
• Proficient in processing and communication tools: SAP, Microsoft Word, Excel, Outlook, PowerPoint, SharePoint, Teams, and internet navigation
• Ability to manage multiple tasks and priorities in fast paced, changing environment
• Ability to travel up to 10%

Nice To Haves

• Bachelor’s Degree

Responsibilities

• Independently manage assigned claims throughout the claim lifecycle
• Analyze and process product liability claims
• Evaluate claims for validity and proper valuation
• Collaborate with technical experts to execute product testing
• Validate cause of claim against known or unknown defects and review findings with FBIN technical experts
• Open VOC or CAPA requests as necessary
• Develop strategies to manage claims to an appropriate and timely resolution
• Negotiate claim settlements up to designated authority level
• Close and process claims in a timely fashion
• Receive claims through various channels including phone, email, mail, worklist or the contact center
• Open claims by creating tickets within the claims management system while ensuring accurate and detailed documentation
• Communicate with claimants to gather information including photographs, statements, and evidence
• Regularly communicate with external stakeholders including insurers, attorneys, sales reps, builders, plumbers, retailers, wholesalers, and consumers
• Receive, process, and store evidence
• Support team and cross functional projects and continuous improvement efforts
• Monitor claim trends to mitigate future risk
• Travel to customer sites to support claims-related activities as necessary

Benefits

• Fortune Brands believes in fair and equitable pay.
• A reasonable estimate of the base salary range for this role is Hiring Pay Range: $40,000 USD - $66,000 USD.
• Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location.
• In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
• At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs.
• This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits, adoption benefits, and more.
• We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees