Insurance Claims Specialist
3 weeks ago
As an Insurance Claims Specialist at First Commerce Credit Union, you will play a vital role in processing insurance claims for vehicle losses, including preparing Guarantee of Title letters for insurance companies, coordinating loss process with members and insurance companies, and posting insurance company settlement payments. You will also be responsible for processing GAP claims and posting GAP settlement checks, as well as processing credit life and disability claims. Additionally, you will serve as a technical resource to members and branch personnel in force placed collateral insurance, GAP claims, insurance payoffs, and credit life and disability claims.
Key Responsibilities
* Process insurance claims for vehicle losses, including preparing Guarantee of Title letters for insurance companies, coordinating loss process with members and insurance companies, and posting insurance company settlement payments.
* Process GAP claims and post GAP settlement checks, including researching account if GAP claim is denied, sending out appropriate notification letters to members regarding insurance settlement and GAP payment or denials.
* Process credit life and disability claims, including inputting all pertinent data regarding claims into vendor software.
* Serve as a technical resource to members and branch personnel in force placed collateral insurance, GAP claims, insurance payoffs, and credit life and disability claims.
Requirements
* Minimum one (1) year experience and/or training in consumer loan servicing.
* Strong math skills, including the ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
* Basic knowledge of adjustable-rate mortgage functions and various interest accrual methods.
What We Offer
* Health, dental, vision, disability, life, and pet insurance options with generous company sponsorship, including free 24/7 mental & behavioral telehealth coverage.
* Eleven (11) paid holidays, one (1) personal floating holiday, and paid volunteer time.
* Eco-friendly cash bonus for carpooling, biking, or using public transportation.
* Professional development programs, scholarships, and internal committee leadership opportunities.
* Exclusive rewards and discounts on things like movie tickets, travel, shopping, and more.
* Referral incentives for mortgage products and recruitment.
* Fun perks in the office with a company culture where you are more than just a number.
Equal Opportunity Employer
First Commerce Credit Union is an equal opportunity employer and values diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
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