Job Description:
The Claims Accountant/Analyst is responsible for all claim related accounting functions, including general ledger entries and internal and external reporting for assisting in the evaluation of loss rates and reserve adequacy, compiling information for state loss calls, the maintenance of the automated claim system, and for the performance of other financial projects as needed.
Essential Duties and Responsibilities:
Coordinate all daily and monthly claim-related accounting including loss provision accruals, claim payments, reconciliations, salvage, and reserve adjustments.
Assist Corporate Legal and IS in maintaining the internet-based claims system including clearing edits, identifying and resolving system problems and reconciling the system to the general ledger.
Complete all regular claim-related reporting including quarterly and annual Statutory filings and management and GAAP reports.
Develop specialized claim reports as needed.
Assist in evaluating loss reserve adequacy by Company through the preparation of loss models and analyses.
Assist in analyzing loss experience and establishing loss provision rates by Company, state, county, and product line as needed.
Work with IS in the development and verification of any modifications to the claims system or to system reports.
Analyze claim activity to verify data, explain variances and to assist in identifying trends or areas of concern.
Compile loss data for state data calls and other government requirements.
Help with the annual SOX and external audit requests.
Assist with the Company benefits process.
Perform certain other accounting, budgeting and analysis projects as assigned by manager.
Knowledge and Skills Required:
Bachelor’s degree in business/accounting/finance/actuarial science or related field or a minimum of three years’ experience.
Problem solving, ability to think conceptually, make sound decisions and drive results.
Ability to collaborate with all levels of the organization as well as cross functionally.
Requires proficiency in Windows and Microsoft Office, especially Excel.
Ability to work in fast paced environment while successfully performing under time constraints and meets prescribed deadlines.
Strong attention to detail with excellent organizational skills, with ability to prioritize and handle multiple tasks and projects.
Ability to act independently with sound judgment and take initiative.
Written and verbal communications are clear, grammatically correct and business appropriate.
Communication and Interpersonal Skills:
Excellent professional written, verbal, listening and communication skills.
Must be a personable, positive, and professional representative of the company.
Ability to foster, develop and maintain professional and collaborative working relationships. Must be able to get along with others, i.e., peers, employees, supervisors, outside customers, and vendors. Lead by positive example.
Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.
Actively listens and is mindful of the role body language, gestures and other nonverbal actions can play in communication.
Physical/Mental Demands:
The ability to work with confidential information.
The ability to perform under pressure and be flexible with disruptions throughout the workday.
Repetitive and continual keyboard activity and interaction with display monitors is required.
Local/daily travel by automobile and overnight business travel by air and/or automobile may be required.
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The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.
Position's Pay Range:
$80,000 - $90,000Benefits may include:
Comprehensive medical, prescriptions, dental and vision plans
401(k) plan with a discretionary company match
Shareholder Purchase and Reinvestment Plan
Basic life and accidental death and dismemberment insurance premium paid by the company
Voluntary supplemental life insurance for employees, spouses and dependent children
Fertility and Family Building Benefits
Paid Disability benefits
Paid time off programs
11 Company paid holidays per year
Flexible spending account
Health savings account (available to High Deductible Health Plan participants only)
Employee Assistance Program
Educational Assistance Program
Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
Transportation benefit plan for mass transit, parking and vanpool, in several markets
Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.
For California applicants, please click the following link to view our CCPA Applicant NoticeOld Republic Title is an Equal Opportunity Employer
Skills Required
- Bachelor’s degree in business, accounting, finance, actuarial science, or a related field, or at least three years of relevant experience
- Proficiency with Windows and Microsoft Office, especially Excel
- Strong analytical, problem-solving, conceptual thinking, and decision-making skills
- Ability to collaborate effectively across organizational levels and functions
- Strong attention to detail, organization, prioritization, and ability to manage multiple deadlines
- Clear, professional written and verbal communication skills
- Ability to work independently, exercise sound judgment, and take initiative
- Ability to handle confidential information and work effectively under pressure
- Ability to travel locally by automobile and potentially travel overnight by air or automobile
Old Republic Title Insurance Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Old Republic Title Insurance Group and has not been reviewed or approved by Old Republic Title Insurance Group.
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Retirement Support — The package includes a 401(k) Savings and Profit‑Sharing Plan with employer contributions and a structure that can include a non‑elective contribution and match. The design includes ongoing enhancements and immediate eligibility, signaling sustained investment in retirement benefits.
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Equity Value & Accessibility — A shareholder/employee stock purchase and reinvestment plan offers accessible company equity alongside retirement savings. This equity component is positioned as a differentiator versus many peers.
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Healthcare Strength — Comprehensive medical, dental, and vision plans are complemented by telehealth, disease‑management and musculoskeletal programs, and an EAP. Feedback suggests some perceive healthcare cost/coverage favorably and note added family‑building support such as fertility benefits.
Old Republic Title Insurance Group Insights
What We Do
Old Republic Title is one of the largest title insurance groups* in the United States. We operate through a national network of Company-owned offices, affiliates, authorized agents and approved attorneys, which allows us to service our customers in both large and small markets across the country. *Members of the Group are: Old Republic National Title Insurance Company and American Guaranty Title Insurance Company. OUR MISSION Our Mission is to provide quality insurance security and related services to businesses, individuals and public institutions, and be a dependable long-term steward of the trust that policyholders and other important stakeholders place in us.
