Segmentation Analyst, North American Claims Group

Posted 2 Days Ago
Be an Early Applicant
New York, NY, USA
In-Office
Junior
Insurance
The Role
Manage insurance and reinsurance claims across multiple lines of business, including coverage analysis, case reserves, investigations, payments, litigation, settlements, and negotiations. Collaborate with insureds, brokers, counsel, underwriters, reinsurers, and internal departments. Prepare claim summaries and management reports, support audits, attend industry meetings, and handle special projects. Requires strong communication, writing, organization, negotiation, claims knowledge, and multi-state adjuster licensing compliance.
Summary Generated by Built In

Take the next step in your career with us.
Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.
We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.
Our people are our most important asset, and we are very proud of the quality of our team members.


Job Summary:

Investigate, evaluate, and resolve insurance/reinsurance claims across multiple lines of business. Engage in collaborative projects in support of other areas of the company, including underwriting, finance and accounting, actuarial, operations, and technology. Provide superior service to all customers, whether internal or external.   

Job Duties and Responsibilities:

Claims Management
  • Efficiently manage a vigorous caseload of claims involving a broad spectrum of accounts and coverages

  • Analyze claims on multiple lines of business

  • Review incoming documents to verify coverage and establish case reserves and where necessary Additional Case Reserves (ACRs)

  • Promptly investigate matters, analyze coverage, and draft accurate and timely coverage correspondence

  • Verify financial information and process payment requests with reinstatement offset where appropriate

Litigation & Settlement
  • Manage litigation by effectively interacting with insureds, brokers, defense counsel and other parties as required

  • Instruct and collaborate with counsel regarding litigation strategy and claim resolution

  • Negotiate and resolve claims within scope of delegated authority

  • Represent Company in resolution of claims and participate in legal proceedings, including mediations

Stakeholder Collaboration
  • Conduct claim reviews at ceding companies when requested

  • Interact with underwriters concerning renewals, prospective accounts, and individual claims

  • Meet with existing or prospective insureds and brokers

  • Liaise with other departments as required and provide assistance when needed

Reporting & Administration
  • Prepare claim summaries, executive reports, and other management reports as necessary

  • Generate various reports as required and work on special projects as needed

  • Attend and/or present at relevant industry conferences/meetings

  • Assist with claims-related queries in internal and external audits

  • Work with reinsurers as needed

Qualifications:

  • University degree

  • 0-3+ years claims experience

  • Excellent communication skills and independent work style

  • Strong writing and organizational skills

  • Strong negotiation skills and technical writing experience

  • Ability to multi-task, prioritize, and interact with all levels inside and outside of the Company

  • Proficient in Microsoft applications including Word, Excel and Outlook

  • Knowledge of claims, legal and coverage issues across jurisdictions

  • Compliance with multi-state adjuster licensing requirements

  

The salary range for this role is between:


Our generous benefits package includes: Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance. Allied World is an Equal Opportunity Employer.  All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

Working at Allied World

Our team of over 1,650 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:
• Instant membership in the Allied World — a global network of colleagues who will support your career journey
• A manager who will help you build your career through a structured coaching program
• Access to a full suite of learning and development tools and resources
Global Presence

Headquartered in Bermuda, Allied World has offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, London, Los Angeles, Malaysia, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Switzerland and Toronto. We strive to provide exceptional service to our clients and distribution partners.

Skills Required

  • University degree
  • 0-3+ years of claims experience
  • Excellent communication skills
  • Ability to work independently
  • Strong writing and organizational skills
  • Strong negotiation skills
  • Technical writing experience
  • Ability to multitask and prioritize
  • Ability to interact with all organizational levels internally and externally
  • Proficiency with Microsoft Word, Excel, and Outlook
  • Knowledge of claims, legal, and coverage issues across jurisdictions
  • Compliance with multi-state adjuster licensing requirements
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The Company
HQ: Zug
1,700 Employees
Year Founded: 2001

What We Do

Allied World Assurance Company Holdings, Ltd., through its subsidiaries, provides global insurance and reinsurance solutions under the Allied World brand. Since 2001, it has supported clients, cedents, and trading partners with thoughtful service and meaningful coverages. The company is a subsidiary of Fairfax Financial Holdings Limited and benefits from a worldwide network of affiliated entities. It serves international property, casualty, specialty insurance, and reinsurance needs.

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