Claims Administrator

Starr Insurance

1d • $50,000 - $85,000

About The Position

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress. About Starr: Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents. Starr Insurance Companies is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce. Position Overview: The Claims Administrator constitutes an integral part of the Canadian Claims team and is tasked with supporting the Claims Department with key administrative tasks required throughout the day-to-day operations of the department while developing their claims handling skills. The primary responsibility of the Claims Department is to actively and attentively manage new claim files that are reported to Starr. Claims Examiners evaluate coverage and conduct thorough claims investigations to negotiate cost-effective, good faith claims resolutions based on the assessed exposure. Throughout the claims process, there are numerous administrative tasks that must be performed to ensure an orderly, efficient, and compliant claims process. These administrative tasks are the responsibility of the Claims Administrator and will be performed with the objective of supporting the Claims Department accordingly. In addition to the aforementioned responsibilities the Claims Administrator will begin to develop their multiline claims handling abilities through active claims handling. The ideal candidate for the Claims Administrator role will be someone that thrives in a fast-paced environment, with the ability to effectively support the Claims Department while maintaining the highest degree of attention to detail. Candidates will be required to possess strong data analytical skills to assist with the job functions required. Motivated candidates looking to initiate their career in the insurance industry will be preferred.

Requirements

• Interest in starting a career within the insurance industry, with a focus on claims and litigation.
• Detail oriented, with the ability to effectively and efficiently review contracts, case law, new claims details, expert reports, and more.
• High degree of proficiency with Microsoft Outlook, Excel and similar applications.
• Desire to perform in a support role.
• Ability to multi-task and prioritize workflows efficiently.
• Ability to perform defined tasks effectively without significant oversight.
• Ability to meet deadlines.
• Strong interpersonal and communication skills, both verbal and written.

Responsibilities

• Assist with the intake, setup, and documentation of new claims for various lines of business.
• Review policy wordings to conduct a preliminary coverage assessment for new claim files.
• Develop multi-line claims handling abilities though active claims handling.
• Generate claims related reports to assist with identifying key trends for various departments, stakeholders, and regulators.
• Communicate with both internal and external claims examiners, accounting team members, underwriters, insureds, and/or broker partners.
• Maintain and update claims data on a regular basis to ensure data integrity.
• Reconcile financial transactions for various lines of business on a regular basis, including claims payments and reimbursements.
• Oversee deductible recovery to ensure efficient collection of recovery payments.
• Assist with internal and external claims audits, as required.
• Support the Claims Department with various administrative projects, as required.

Benefits

• Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.
• We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.
• We offer first class training and development opportunities to all employees.
• Our aim is to grow our own talent and bring out the best in people.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees