Old Republic is one of America's 50 largest shareholder-owned insurance businesses and currently ranks among the Fortune 500 list of the Nation's biggest companies.
Old Republic is primarily a commercial lines underwriter serving the insurance needs of a large number of organizations, including many of America's leading industrial and financial services institutions.
Located on Michigan Avenue, in the heart of downtown Chicago ("The Loop"), the Old Republic Building (Headquarters) is close to several public transportation lines and parking locations.
This is an excellent opportunity to join a high-performing insurance claims and full-service underwriting organization in an exciting role located in one of Chicago's most recognizable and desirable neighborhoods along the "Miracle Mile".
Reporting to the Litigation Counsel/Director of Claims, the Claim Analyst role will challenge claims or accounting professionals who seek to broaden their experience in complex, direct insurance and reinsurance claims functions.
This is a rare opportunity to join a growing organization where all your business acumen and people skills can be harnessed to achieve a noble purpose in a meaningful way.Responsibilities include the following. Additional responsibilities may be assigned as necessary.
Help manage relationships with TPAs, insureds, reinsureds, and reinsurers by working with internal and external accounting and claims personnel to resolve insurance and reinsurance claim issues, billing errors, or other discrepancies with respect to direct claims and reinsurance presentations.
Perform initial direct claims and reinsurance invoice calculations, including determining the amount of loss payment due and expense payment due if applicable.Identify the correct Company policy(s) or reinsurance contract(s) that respond to direct claim submissions and/or reinsurance cessions. Manage triage of incoming submissions.
Strong customer service skills and ability to maintain professional demeanor in all business relationships
Good understanding of claims processing including first notice of loss reporting, claim triage, indexing and updating financial claim information to database.
ORI provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.