Claims Analyst/ Senior Claims Analyst

Arch Capital Group Ltd. • Morristown, TN

43d • Hybrid

About The Position

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™. Position Summary We are seeking a bright and motivated Claims Analyst to join our team in Morristown, NJ. Under the direction and supervision of the Treaty Claims Director, the Claims Analyst will be responsible for handling the day-to-day excess claims activity and assisting the Claims Team as required. With training and experience, our goal is to increase processing responsibilities and further develop the Claims Analyst.

Requirements

• Minimum of 3 years relevant reinsurance property and casualty claims experience

Nice To Haves

• Experience conducting detailed analysis of claims and coverage issues
• Ability to analyze and provide clear written reports
• Strong organizational skills with the drive to take initiative and work with minimal supervision
• Proven ability to communicate effectively with individuals at all levels and in all areas of the organization, as well as with outside contacts

Responsibilities

• Process initial claim setup by analyzing preliminary claim notifications including coverage verification and associated checks
• Provide updates to Regis and Laserfiche files with notices on existing claims in accordance with policies and procedures
• Maintain and handle claim diaries, electronic files and Letters of Credit
• Communicate with Underwriters, Brokers and Ceding Companies to identify and collect additional information and documentation that may be required in support of claim
• Process claims payments including providing supporting information
• Review & verify broker statements
• Participate in the Quarterly review of claims balances in aged receivable reports

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities