Associate SIU Investigator

Travelers • Melville, NY

11d • $57,900 - $95,600

About The Position

Travelers Investigative Services provides industry-first resources designed to detect and deter fraudulent claims. Using some of the most comprehensive technology available, we have the abilities and expertise to identify potential risks and combat fraudulent practices. As an Associate SIU Investigator, you will analyze, summarize and prioritize information to uncover potentially fraudulent activity. Your attention to detail and analytical curiosity will help determine potential fraud opportunities. The Associate Investigator will help support investigative claims deemed suspicious in nature.

Requirements

• Analytical and problem-solving skills to use and interpret information and facts as well as apply critical techniques to investigative process.
• Strong case management skills and the ability to manage your own work independently.
• Ability to work in a high volume, fast paced environment managing multiple shifting priorities.
• Influence and conflict management skills.
• Foundational knowledge of insurance and claim operations, Commercial Lines, Personal Lines, and Workers Compensation insurance products.
• An Associate’s or Bachelor’s degree in criminal justice or a related field or five years of insurance claims investigation experience or professional investigation experience with law enforcement agencies.
• Experience with data gathering and visualization platforms/software.
• Familiarity with artificial intelligence tooling.

Nice To Haves

• Bachelor’s Degree in Actuarial Sciences, Criminal Justice or Finance.

Responsibilities

• Learn foundational investigative skills needed to conduct insurance investigations, including applicable data base searches with a focus on uncovering all potentially fraudulent aspects of a claim.
• In collaboration with our analytics and major case teams, periodically engage in specialized investigative area, including Medical, Cyber, Cargo, Fire Motive & Opportunity, etc.
• Develop skills to analyze, monitor and summarize technical information into actionable investigative strategies.
• Apply critical thinking and reasoning techniques to dismantle complex problems and reach logical conclusions.
• Provide strong customer service by maintaining contact with business partners, customers and external resources throughout the life of each investigation, including liaison network with claim, legal, underwriting partners, public officials, law enforcement officers and others to obtain assistance in conducting investigations.
• Serve as a liaison on fraud to business and industry partners.
• Learn rules of evidence, evidence collection, and interpretation; recognize evidence and determine its value to specific claim.
• Develop understanding of Local, State and Federal statutes to ensure investigations are carried out within the requirements of applicable law and local office expectations.
• Assist on cases for potential insurance fraud prosecution and submit questionable claims to the National Insurance Crime Bureau.
• Perform other duties as assigned.

Benefits

• Health Insurance: Employees and their eligible family members – including spouses, domestic partners, and children – are eligible for coverage from the first day of employment.
• Retirement: Travelers matches your 401(k) contributions dollar-for-dollar up to your first 5% of eligible pay, subject to an annual maximum. If you have student loan debt, you can enroll in the Paying it Forward Savings Program. When you make a payment toward your student loan, Travelers will make an annual contribution into your 401(k) account. You are also eligible for a Pension Plan that is 100% funded by Travelers.
• Paid Time Off: Start your career at Travelers with a minimum of 20 days Paid Time Off annually, plus nine paid company Holidays.
• Wellness Program: The Travelers wellness program is comprised of tools, discounts and resources that empower you to achieve your wellness goals and caregiving needs. In addition, our mental health program provides access to free professional counseling services, health coaching and other resources to support your daily life needs.
• Volunteer Encouragement: We have a deep commitment to the communities we serve and encourage our employees to get involved. Travelers has a Matching Gift and Volunteer Rewards program that enables you to give back to the charity of your choice.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree