Associate Insurance Operations Analyst

2 weeks ago

West Palm Beach, Florida, United States NextEra Energy Full time

NextEra Energy is the world's largest producer of wind and solar energy. With operations in nearly all 50 states and four provinces in Canada, our nearly 15,000 employees are committed to finding innovative, industry-leading solutions to provide safe, reliable and affordable clean energy to millions of customers throughout North America. We are leading the decarbonization of the U.S. economy with our goal to reach Real Zero carbon emissions from our operations by 2045 while improving customer affordability and reliability. Do you want to help us achieve Real Zero? Join our world-class team today. Learn more.

Position Specific Description

Palms Insurance Company, Ltd. is NextEra Energy, Inc.'s wholly-owned insurance subsidiary and provides coverage to both affiliated and non-affiliated risks. The Palms finance team is an integral part of developing strategy for managing risk internally, risk transfer and executing strategy for growth at Palms.

Job Overview

The Insurance Operations Analyst will support the workflow process with regard to Palms Insurance Company Limited insurance and Palms Specialty Insurance Company, including reinsurance business underwriting, claims, and accounting. This role will assist the various business functions in collecting information, uploading files in the system, follow-through on validation errors, generating reports, documenting emails and manage physical files. A key responsibility of this resource will be managing all incoming and outgoing mail for the company.

This is an on-site position, based in Palm Beach, FL.

Job Duties & Responsibilities
  • Manage incoming mail – Open and date al incoming mail, file physical documents, scan and email correspondence for traveling / remote workers, archive and store scanned copies as appropriate
  • Support Risk Management team with data collection and information follow-up on various claims and policies
  • Support organizations and streamlining of Risk management processes
  • Support incoming Bordereaux from program managers - ensure accurate Bordereaux data submitted on time, ingestion into the system and correspondence with internal (underwriting support, claims administration, and finance) stakeholders
  • Review and ensure Bordereaux submitted have accurate template format
  • Complete review of validation errors from Bordereaux ingestion, follow up with individual program managers for correction
  • Ensure and maintain accurate data within the LOC, written and affiliate Bordereaux trackers
  • Support OFAC check process
  • Exceptional time management skills with the ability to multi-task and prioritize tasks
  • Performs other job-related duties as assigned
Job Overview

The Associate Insurance Operations Analyst position will transact the Palms Insurance Company Limited insurance and reinsurance business underwriting, claims, and accounting across the group's teams. This role will ensure accurate data and shared services for underwriting support, claims administration, and finance and accounting data, analysis, and reports.

Job Duties & Responsibilities
  • Create and issue underwriting policies and endorsements
  • Complete underwriting and claims submissions setup including rating and pricing of risks and quotation development
  • Ensure accurate data entry within the Insurance Platform for the underwriting, claims, and accounting teams
  • Manage reinsurance bookings
  • Reconcile premiums, claims, and collections
  • Review underwriting and claims bordeaus
  • Develop and create management reporting
  • Performs other job-related duties as assigned
Required Qualifications
  • Bachelor's Degree
  • Experience: 0+ years
Preferred Qualifications

Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law. We are committed to a diverse and inclusive workplace.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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