Claims Analyst / Senior Claims Analyst

Claims Analyst

With a company culture rooted in collaboration, expertise, and innovation, we aim to promote progress and inspire our clients, employees, investors, and communities to achieve their greatest potential. Our work is the catalyst that helps others achieve their goals. In short, We Enable Possibility?.

Position Summary

We are seeking a bright and motivated Claims Analyst to join our team in Morristown, NJ. Under the direction and supervision of the Treaty Claims Director, the Claims Analyst will be responsible for handling the day-to-day excess claims activity and assisting the Claims Team as required. With training and experience, our goal is to increase processing responsibilities and further develop the Claims Analyst.

Responsibilities and Accountabilities

• Process initial claim setup by analyzing preliminary claim notifications including coverage verification and associated checks
• Provide updates to Regis and Laserfiche files with notices on existing claims in accordance with policies and procedures
• Maintain and handle claim diaries, electronic files and Letters of Credit
• Communicate with Underwriters, Brokers and Ceding Companies to identify and collect additional information and documentation that may be required in support of claim
• Process claims payments including providing supporting information
• Review & verify broker statements
• Participate in the Quarterly review of claims balances in aged receivable reports

Required Skills and Abilities

Desired Skills and Abilities

Education and Experience

The base salary range for individuals assigned or hired to work in the location(s) indicated below is $100,000 - $140,000 / year. Total individual compensation (base salary, short & long-term incentives) offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, qualifications, talent availability & specialization as well as business needs. The above pay range may be modified in the future.

Arch is committed to helping employees succeed through our comprehensive benefits package that includes multiple medical plans plus dental, vision and prescription drug coverage; a competitive 401k with generous matching; PTO beginning at 20 days per year; up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer; basic Life and AD&D Insurance as well as Short and Long-Term Disability; Paid Parental Leave of up to 10 weeks; Student Loan Assistance and Tuition Reimbursement, Backup Child and Elder Care; and more.