Claims Analyst

Job Overview

The Claims Examiner role at Hiscox involves adjudicating assigned claims within given authority and providing operational support to the claims team.

Key Responsibilities

• Adjust and resolve lower complexity first and third-party cyber, crime, technology, and/or media claims.
• Accurately document claim files with all relevant claim documentation, correspondence, and notes in compliance with company policies and applicable regulatory authorities.
• Draft coverage letters, including reservation of rights and denial letters.
• Review and analyze claim documentation and legal filings to set timely and accurate reserves within given authority and notify the manager if upward segmentation is needed.
• Identify emerging exposure.
• Identify suspected fraudulent claims and track with special investigations unit.
• Engage and manage outside vendors pursuant to company policy.
• Other tasks or projects as assigned, such as overseeing/managing subrogation claims to increase recoveries to Hiscox, monitoring excess third-party files, responding to Underwriting requests on renewals, etc.

About the Team

The US Claims team at Hiscox is a growing group of professionals working together to provide superior customer service and claims handling expertise. The claims staff are empowered to manage their claims within given authority to provide fair and fast resolution of claims for our insured and broker partners.

Requirements

3+ years of claims handling experience. A JD from an ABA accredited law school may be considered as a supplement to claims handling experience. In-depth knowledge of claims analysis and adjusting practices. Intermediate knowledge of standards for claims documentation and legal filings. Proven ability to actively and effectively negotiate settlement of claims. Strong verbal and written communication skills. Demonstrated analytical skills. Active insurance adjuster's license. B.A./B.S degree from an accredited College or University preferred.

Salary Overview

$70,000.00 - $90,000.00

Work with amazing people and be part of a unique culture.