Senior Associate, Claims & Risk Management
About The Position
The Senior Associate, Claims & Risk Management, is responsible for daily management and handling of a wide variety of claims for HITT’s construction organizations. The Senior Associate, Claims & Risk Management meaningfully contributes to analytical support to the Insurance & Risk Management team and leadership as needed on periodic reporting of claim and incident trends. The Senior Associate, Claims & Risk Management performs work that is varying in scope and is in support of their development and growth within the Insurance & Risk Management department. This role proactively develops solutions to problems and uses sound judgement in issue escalation to leadership. This role applies fundamental insurance and claim concepts, practices, and procedures in support of the claim's functions within the Insurance & Risk Management Department. This position reports to Senior Manager, Claims & Risk Management in the Insurance & Risk Management Department. This position is an exceptional individual contributor and does not directly manage any team members. This full-time position reports out of HITT’s Headquarters in Falls Church, VA with a minimum 4-day per week in-office schedule.
Requirements
- Minimum of 3-5 years of experience handling property & casualty insurance claims
- Adept with Microsoft Excel for data analytics and financial summaries
Nice To Haves
- Experience in the architecture/engineering/construction (AEC) field or commercial real estate development highly desirable
Responsibilities
- Manage property and casualty incidents including investigation, follow up, and closure within authority
- Claim reporting and handling including but not limited to auto, general liability, property, workers’ compensation, builder’s risk, pollution, and professional liability
- Claim reporting for various lines of coverages including but not limited to auto, general liability, property, workers compensation, pollution, and professional
- Independent claims handling and shared coordination with Senior Manager, Claims & Risk Management
- Provide guidance on applicable insurance coverage, limits and deductibles
- Liaison with insurance company claims professionals and internal stakeholders for successful outcome of claim
- Draft settlement recommendation memorandums within prescribed authority
- Pursue subrogation recovery when warranted
- Review claim deductible billings for accuracy and process invoices
- Assist in the production of documents and coordinating internal depositions for litigated cases
- Work in conjunction with Legal team to identify and track cases requiring a legal hold
- Manage calendar of key dates for open matters
- Participate in interviews with prospective attorneys and vendors; update and maintain list of approved attorneys and vendors
- Create and distribute program documents
- Collect and organize loss run reports, invoices, and other financial information in support of captive insurance
- Contribute to captive management, analysis, and reporting
- Health & Safety data administration and analytics utilizing health and safety software
- Technical subject matter expert on claims data within insurer platform
- Analyze incident and claims data and draw meaningful conclusions to include in the company’s internal reporting
- Generate company resources such as news articles and presentations regarding relevant topics
- Liaison with insurance company resources for claim and loss control best practices
Benefits
- performance-based bonuses
- premium health care coverage including vision and dental
- employer-matched 401(k)
- wellness reimbursement program
- paid holidays and time-off
- other voluntary benefits and leave types
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What This Job Offers
Job Type
Full-time
Career Level
Senior
