Claims Payment Analyst
KESSLER TOPAZ M&C,LL•Upper Merion Township, PA
•Hybrid
About The Position
The Claims Payment Analyst is responsible for the receipt, tracking, processing, reconciliation, and allocation of securities class action settlement claim payments for the Firm’s institutional investor clients.
Requirements
- Strong analytical and basic mathematical skills
- High attention to detail and accuracy
- Strong work ethic and ability to function as a collaborative team member
- Excellent written and verbal communication skills
- Ability to work independently with minimal supervision
- Willingness and ability to work overtime as needed with little to no advance notice
- Ability to work onsite approximately once per week to complete check deposits; frequency may increase or decrease based on business needs within the hybrid schedule
- Proficiency in Microsoft 365, including strong working knowledge of Excel and Word
- Ability and willingness to learn and adapt to a wide variety of internal software applications
Nice To Haves
- Bachelor's degree required; relevant experience considered in lieu of degree
- Minimum of one (1) year of professional experience preferred
Responsibilities
- Receive, record, and process securities class action settlement claim payments
- Inventory and record all payment details accurately in the Firm’s database
- Complete check deposit forms and deposit checks using a Remote Deposit Capture (RDC) scanner or via FedEx delivery, as required
- Record and maintain Standing Settlement Instructions (SSI) provided by institutional clients
- Prepare and input outgoing SWIFT and wire transfer payments and related administrative messages
- Prepare payment notifications and correspond with clients regarding claim payment distributions in accordance with established procedures
- Reconcile the Firm’s client money accounts with payments awaiting distribution on a daily basis
- Correspond with external claims administrators regarding claim payment details, discrepancies, or clarifications
- Participate in quarterly reviews of team procedures; assist in identifying gaps and recommending process improvements
- Escalate process-related or client-related issues to the Manager promptly
- Attend weekly (virtual) team meetings and biweekly one-on-one meetings to discuss workload, priorities, procedures, training needs, and team development
- Cross-train and provide assistance across Department teams, as needed
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
Upload and Match Resume
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
