Insurance Claims & Financial Analyst - Hybrid

The Risk Insurance, Claims, and Financial Analyst is responsible for supporting the Senior Manager Office of General Counsel by coordinating and performing various activities related to litigation, finance, claims, and insurance management. This involves managing insurance renewals, all lines of insurance claims management, financial reconciliation, maintaining claims data and analytics. The Analyst also supports litigation processes, coordinates insurance applications, and ensures compliance with insurance requirements.

Minimum Education
Bachelor's Degree (Required)

Minimum Work Experience
2 years experience with claims and insurance (Required)

Required Skills/Knowledge
Expertise in the area of specialty.
Knowledge in Business Administration, Health Care, Finance, Information Systems, or other related field.
Excellent written and verbal communication and analytical skills.
Conducts business with a professional, collaborative approach that is solution oriented and forward thinking.
Good judgment on all matters including the ability to escalate concerns.
Experience with claims and insurance.

Functional Accountabilities
Insurance Management

• Manage insurance renewals and applications for all lines of coverage. This involves assessing required information, determining where to obtain it, assessing reported information for accuracy and completeness, and maintaining updated statement of values for the enterprise.

• Coordinate with internal stakeholders to obtain accurate updated data for insurance applications including annual review of all CN approved drivers to include performing a risk assessment on each driver per fleet safety policy.

• Coordinate meetings for internal approval of renewal proposals.

• Review and prepare all insurance invoices for payment.

• Maintain insurance binders and policies, and coordinate with Senior Manager OGC to prepare notification list for each new policy year.

• Review vendor Certificates of Insurance for compliance with contracts. Includes need to review contracts and assess for insurance requirements.

• Coordinate with Broker to assess insurance questions regarding contracts in negotiation. Includes need to review contracts and understand insurance language therein.

• Respond to COI requests related to CN contracting. Includes need to review contracts and understand insurance language

• Other insurance related projects as assigned.

Claims Management

• Investigate and manage all claims to include crime, cyber, property, E&O, professional and general liability claims

• Enter claims information into electronic claims systems and maintain litigation and claims files.

• Provide claims data analysis and prepare reports as requested.

• Coordinate with internal stakeholders and external vendors for claims processing.

• Assist worker’s comp coordinator as needed.

Litigation Support

• Coordinate litigation hold process to include analysis and recommendation to CRO as to which documents are subject to the hold and where they may reside in the organization.

• Staff and support Provider Review Committee (PRC) and Decision Analysis, Reserving, and Trial Strategy (DART) meetings.

Financial Reconciliation

• Reconcile monthly transaction reports and loss runs.

• Set up new matters in Tracker and review firms invoices to ensure compliance with CNH OCS guidelines.

• Ensure accurate financial reporting and analysis for claims and insurance activities.

• Maintain insurance binders for each policy year