Claims – Analyst
Requirement- Fresher- Immediate Joiner- BBA/ BA graduate (Preferable)
Job Description:
- Understand the US P&C Insurance / Claims function end to end.
- FNOL
- Pre-Adjudication like Coverage Verification, Indexing
- Subrogation and Salvage
- Document Management
- Loss Run
- Should have a basic understanding of the insurance policy and Claim life cycle.
- Good to have knowledge of end-to-end Claims function/Insurance life cycle
- Must have good knowledge of insurance terms premium, deductibles, claim etc
- Good written and verbal communication, and a team player
- Strong analytical skills
- Analyses and synthesizes information/makes decisions based on policies.
- Responsible and dedicated to meet the clients expectations.
- Prioritizes tasks in order of importance.
Key Responsibilities:
- Review requests of FNOL thoroughly of different LOB's receives from client
- Verify coverage and other details from policy document if the received claims is a legitimate one
- Highlighting data concerns like missing/incomplete data to the claim examiners
- Record claim information in system and generate unique claim no. for future related communication
- Process the claim payments
- Do a deep quality check of team members work
- Knowledge of detailed end to end claim lifecycle
- Create loss run report as requested by UW, insured & brokers etc.
- Closing claims as requested by claim examiners
- Work on client ad-hoc request
- Support on MIS/data reporting activities
Qualifications:
- Graduates
- Any P&C Insurance certificate from reputed institute is an added advantage
Proficiency in Microsoft Office (Word, Excel, and Outlook)
