Student Associate - Claims Administration

Frankenmuth Insurance•Frankenmuth, MI

1d•Onsite

About The Position

Frankenmuth Insurance is seeking a motivated college student to join our Claims Administration team for a summer Student Associate opportunity. This is an in office position. Position overview: As a Student Associate in Claims Administration at Frankenmuth Insurance, you will have a chance to gain hands on experience assisting the Claims team on a variety of projects. Primarily you will have the opportunity to provide administrative support to our Claims team.

Requirements

Students should be currently enrolled and entering their freshman-senior year in college
Able to communicate effectively
Ability to organize data, manage multiple tasks and make decisions independently

Responsibilities

Completes first notice of loss reports and assigns claims.
Interacts with policyholders and agencies to gather information on claims
Compiles data and completes first notice of loss reports
Verifies policy information for accuracy and ensures policyholder contact information is correct in system
Assigns claims to claim representatives by line of business and complexity of loss, including escalation of claims
Sets up initial case reserves
Analyzes, reviews, processes payments, and prepares reports, including:
Reconciles small claim reports as submitted within agent’s authority
Processes payments for independent adjuster expenses, salvage program, and pharmacy program
Processes reinsurance payments and prepares reinsurance reports
Processes payments for direct repair programs
Reconciles error reports for medical bill review, glass program, roadside assistance program, 1099 reporting, and vehicle coding
Performs other duties as assigned.