Claims Data Analyst

Posted Yesterday
Cortland, NY
In-Office
47K-55K Annually
Entry level
Financial Services
The Role
Perform FNOL intake and validate data for claim setup, enter and reconcile claim and closed-claim data, handle first‑line telephonic contacts, extract and prepare reports/graphs, manage claim closing correspondence, and provide administrative support to claims staff and leadership.
Summary Generated by Built In

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℠.

Summary

This position is responsible for a variety of administrative functions in support of a growing and vibrant insurance claim organization. This includes but is not limited to, the entry of insurance claim data and telephonic contact with internal and external customers gathering claim information and responding to queries from those customers. The position is also responsible for supplementary data entry, data reconciliation, and data extraction for the preparation of reports, exhibits, and graphical information illustrating department trends and results.

Essential Functions
• Receive FNOL (first notice of loss) data and validate in preparation for new claims set up in the company claim management system.
• Complete the corresponding claim set up’s from FNOL data OR at the direction of the Claim Adjuster, Supervisor or Manager.
• Diverse telephone work responsibilities to include taking FNOL data over the phone, first-line telephone contact with insureds, agents, claimants, attorneys, insurance companies, medical providers, and others directing the callers to the appropriate contacts, verifying information over the phone, following up on information as directed or requested by others in the Claim Department, and providing information to others over the phone according to internal procedures and authorization from the Chief Claim Officer.
• Other data entry and data reconciliation for the Claim Department, including the sorting and management of all electronic and paper data received.
• Closed claim data entry.
• Verify, manage, and send Claim Closing letters generated by the claim management system.
• Data extraction and management tasks. Preparation and maintenance of reports, exhibits, and graphs with oversight from the Claim Administrative Supervisor.
• Provide backup assistance to Claim Assignment Analyst as needed.
• Provide administrative assistance for Chief Claim Officer as needed.
• Complete other administrative tasks as needed.

Knowledge, Skills, and Abilities
• College-level degree or insurance-related experience.
• Proficiency in Microsoft Office applications including Excel, PowerPoint, and Word.
• Very strong written and oral communication skills.
• Good analytical skills including the ability to work with various types of data.
• Detail oriented with the ability to work independently when needed.
• Superior collaboration and teaming skills.
• Prior administrative experience is preferred but not required.
• Growth potential beyond current role.

#LI-EO1

#LI-Onsite

For individuals assigned or hired to work in the location(s) indicated below, the base salary range is provided. Range is as of the time of posting. Position is incentive eligible.

$47,000 - $55,000/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. Click here to learn more on available benefits.

     

Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn’t the right fit but you’re interested in working for Arch, create a job alert! Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch’s Talent Acquisition team.

20200 McNeil & Company, Inc.

Top Skills

Claim Management System
Excel
Microsoft Powerpoint
Microsoft Word
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: White Plains, NY
285 Employees
Year Founded: 2001

What We Do

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda public limited liability company, writes insurance and reinsurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe and Australia, with a focus on specialty lines. Arch Capital Services LLC is owned by ACGL and provides corporate, legal and other support services to Arch Capital.

ACGL provides insurance, reinsurance and mortgage insurance on a worldwide basis through operations in Bermuda, the United States, Canada, Europe, Australia and Hong Kong.

Similar Jobs

MetLife Logo MetLife

Actuarial Graduate Intern

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Hybrid
New York, NY, USA
43000 Employees
32-34 Hourly

MetLife Logo MetLife

Program Manager

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Hybrid
New York, NY, USA
43000 Employees
75K-104K Annually

Federal Reserve Bank of Chicago Logo Federal Reserve Bank of Chicago

Security Engineer

Agency • Fintech • Payments • Sharing Economy • Social Impact
Hybrid
3 Locations
1515 Employees
141K-166K Annually
Hybrid
Little Neck, NY, USA
205000 Employees
23-31 Hourly

Similar Companies Hiring

Amplify Platform Thumbnail
Fintech • Financial Services • Consulting • Cloud • Business Intelligence • Big Data Analytics
Scottsdale, AZ
62 Employees
Rain Thumbnail
Web3 • Payments • Infrastructure as a Service (IaaS) • Fintech • Financial Services • Cryptocurrency • Blockchain
New York, NY
80 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account