Claims Advocate – Specialty Insurance
Company | HUB |
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Location | Berkeley Heights, NJ, USA |
Salary | $115000 – $125000 |
Type | Full-Time |
Degrees | Master’s |
Experience Level | Senior, Expert or higher |
Requirements
- 7-10 years related experience and/or training; or equivalent combination of education and experience.
- Prior experience managing direct reports.
- Conflict resolution skills and thorough understanding of company policy and procedures.
Responsibilities
- Conduct Monthly Dashboard Analysis
- Lead monthly update meeting with TPA, Carrier, Wholesaler, MGA, Etc.
- Create and/or refine Best Practices for assigned TPA or Carrier
- Conduct quarterly leakage audit in conjunction with carrier and or TPA
- Keep key stakeholders informed of significant activities
- Participate in large, complex claims and coverage issues
- Complete a monthly activity report for Division heads
- Conduct relevant training to improve process and technical skills
- Participate in the implementation of AI, automation, and machine learning
- Review all coverage denials
- Receive and review all ROR and Denials
- Review And Push Carrier for Subrogation and SIU Concerns
- Provide Executive Summary of Loss Reserves or Payment $100K+ Cause, Subro Potential, Coverage Confirmation, Stewardship/Follow Up Gameplan, Interact and advocate for VIP clients and key stakeholders.
Preferred Qualifications
- CPCU, AIC, ARM or SCLA Designation
- Graduate Degree