Senior Claims Analyst - Alternative Risk Transfer (m/f/d)

Company: Disability Solutions
Location: New York
Posted on: October 10, 2024

Job Description:

Let's care for tomorrow. Your ambitions. Your dreams. Your tomorrow Whether it's aircraft, international business or offshore wind parks, Allianz Commercial has an extensive range of risks covered when it comes to protecting businesses.We are looking for a Senior Claims Analyst - Alternative Risk Transfer based in New York Your Team The Deal Services Team is responsible for all processes and functions in connection with Alternative Risk Transfer (ART) business. The team provides a robust, end to end infrastructure that can efficiently support underwriting growth as well as coordinate and oversee the portfolio post binding which is key to providing continuous high-quality deliverables to both internal and external clients.The Impact You Will Have Reporting to the Global Head of Deal Services - Alternative Risk Transfer as Senior Claims Analyst - Alternative Risk Transfer, you will be responsible for handling all standard claims types, in both lead and following capacity, ensuring claims are handled within authority limits, and in line with Allianz Commercial Claims Standards procedures and guidelines.Some of your specific responsibilities could include:

• Accurate Claims Management: Enter and maintain precise claims records for designated accounts using Allianz Commercial Claims administration systems, ensuring all claims are handled within authority limits and guidelines.
• Data-Driven Insights: Manage the timely production of management information reports, identify loss trends proactively, and support subrogation processes for efficient claims handling.
• Claims Investigation & Settlement: Investigate standard claims, determine coverage and loss exposures, select and direct external service providers, and negotiate settlements to ensure efficient and competitive outcomes.
• Collaboration & Expertise: Discuss and review complex claims with colleagues and management, act as a technical reference point, provide training to less experienced team members, and positively represent Allianz Commercial externally.
• Client & Stakeholder Relationships: Develop and maintain strong relationships with key brokers, clients, and stakeholders, support the acquisition of new business, and ensure effective communication of loss and claims information.
• Process Optimization: Support the establishment of claims management procedures for new business accounts, audit external service providers, and drive the involvement of functional areas in the claims handling process. What You'll Bring to the Role
  • 3+ years of specialized knowledge in insurance products, regional/local markets, and competitor landscapes;
  • Proven ability to build and maintain relationships with brokers at a peer level;
  • Strong understanding of the legal and regulatory frameworks, including litigation management and avoidance techniques;
  • In-depth understanding of insurance products, policy wordings, coverages, and the US insurance booking process;
  • Extensive knowledge of claims handling, reserving principles, coinsurance, and reinsurance practices;
  • Ability to analyze detailed information, negotiate effectively, and communicate clearly across all organizational levels;
  • Bachelors' Degree desired. The annualized base pay range for this role is $91,827 - $157,491. The annual base salary range represents a nationwide market range. The actual salary for this position may be above and will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate. The base pay is just one component of the AzC total compensation package. As part of our comprehensive compensation and highly rated benefits programs, employees are also eligible for annual performance-based cash incentive awards.57789 - Customer Services & Claims - Professional - Allianz Commercial - Full-Time - PermanentWhat's in it for you? Let's care about everything that makes you, you We are committed to nurturing an inclusive environment where everyone feels they belong. We offer a hybrid working model, which recognizes the value of striking a balance between in-person collaboration and remote working. Please feel free to discuss flexible working arrangements with us.Let's care for your financial wellbeing We believe in rewarding performance with a great compensation and benefits package (details vary by location), including a generous bonus scheme and pension.Let's care for your opportunities to progress From career development and digital learning programs to international career mobility, we offer lifelong learning for our employees worldwide and an environment where innovation, delivery and empowerment are fostered.Let's care for life's twists and turns From our support for flexible working, health and wellbeing (including private healthcare and generous parental leave benefits), to helping people return from career breaks with experience that nothing else can teach. We've got your back. Let's care for our society and our planet With opportunities to be engaged in shaping a future that is safe, inclusive and sustainable, we care for the tomorrows of our people, our industry and our clients.Care to join us? Allianz Commercial is the center of expertise of Allianz Group, insuring mid-sized businesses, large enterprises, and special risks. Our customers include top consumer brands, financial institutions, industry leaders, the global aviation and shipping industries, as well as family-owned and medium-enterprises.We also cover unique risks such as offshore wind farms, infrastructure projects and film productions.Our clients trust us to provide a wide range of traditional and alternative risk transfer solutions, outstanding risk consulting and multinational services, and seamless claims handling.Allianz Commercial helps customers to prepare for what's ahead.Learn more about careers at Allianz Commercial by clicking here.Learn more about Allianz Commercial by clicking here.Allianz is an equal opportunity employer, and therefore welcomes applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability, sexual orientation or any other protected characteristic. Diversity of thinking is an important part of our culture.People with disabilities: We want to give all our candidates the best opportunity to succeed. If you need any adjustments to be made during the application and selection process, please email agcsglobalcareers@allianz.comRecruitment Agencies: Allianz Commercial has an in-house recruitment team, which focuses on sourcing great candidates directly. Allianz Commercial does not accept unsolicited resumes from agency or search firm recruiters. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired. When we do use agencies, we have a PSL in place, so please do not contact managers directly.#LI-HybridNearest Major Market: Manhattan Nearest Secondary Market: New York City

Keywords: Disability Solutions, Hartford , Senior Claims Analyst - Alternative Risk Transfer (m/f/d), Professions , New York, Connecticut