We have the following job opportunity in our New York City office:
Description
The Fast Track Claims Examiner will review and handle claim documents including mail and financial transactions that come through our fast track division. The fast track division processes high volumes of claims, requiring a combination of analytical precision, procedural discipline, and the ability to maintain accuracy under time pressure. Responsibilities include, but are not limited to:
- Reviewing and handling fast track claim documents, including mail and financial transactions, within the unit’s authority and time parameters.
- Analyzing underlying insurance policies, claim files, coverage opinions, expert reports, and legal billings to confirm coverage.
- Establishing and maintaining accurate loss and expense reserves.
- Ensuring timely and accurate claim payments.
- Completing appropriate running notes to track actions taken on claims, including appropriate calculations for financial transactions.
- Maintaining accurate and complete claim records, including field updates, running notes, financial calculations, and closing documentation.
- Ensuring compliance with regulatory requirements, contractual obligations, and internal audit standards, and maintaining documentation and claim file integrity in accordance with company policies and best practices.
Requirements
- 2-5 years of insurance claims handling experience
- Reinsurance experience is a plus
- Strong analytical and writing skills
- Ability to work well independently and within a team
- Track record of maintaining timely an accurate deliverables in a fast paced work environment
Work Schedule
TransRe is supportive of an agile work schedule, which may differ based on individual roles, your local office’s practices and preferences marketplace trends, and TransRe’s business objectives. This position is located in our New York City office and is eligible for a hybrid work schedule with 3 days in the office per week, and 2 days remote.
Compensation
In addition to base salary, for this position, TransRe offers a comprehensive benefits package, paid time off, and incentive pay opportunity. The anticipated annual base salary range in New York for this position, exclusive of benefits, paid time off, and incentive pay opportunity is $70,000 - $100,000 This range is an estimate and the actual base salary offered for this position will be determined based on certain factors, including the applicant’s specific skill set and level of experience.