Auto Risk Analyst
- Employer
- Assurant
- Location
- Saint Petersburg, Florida
- Salary
- Not Specified
- Closing date
- May 22, 2019
View more
- Category
- Premium Audit
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
This individual reviews internal account records, reports, trends, and adjuster records to determine the source of negative account/client profitability and devises solutions aimed at improving profits. Provides account findings to Upper Management, Director of Operations, as well as Account Executives and Strategic Performance Managers. Establishes needed tools, informative procedures, and methods. These ensure that unwanted trends, habits, and system barriers are eliminated in a timely manner. This person will report to a Risk Manager.
Responsibilities:
60%
- Account Monitoring:
- Monthly monitor of account trends via dashboards and loss trend reports
- Claim/Production Reviews:
- In-depth review of accounts trending negatively
- Action Planning:
- Providing solutions to assist accounts in reversing unfavorable trends
- Ad Hoc Reports:
- Creating customized reports for internal and external clients
30%
- Claims Adjudication:
- Monitoring of Assurant VSC claims team. Includes quarterly adjuster reviews and continued monitoring. Report up to claims management team
- Onsite Reviews:
- Travel to TPAs to perform risk reviews and provide solutions aimed at improving adjudication processes
- Conduct audits on examiners and accounts with claims authority to ensure accuracy and compliance with established guidelines
- Periodically perform premium and cancellation testing
- Maintain communication of audits through timely written feedback
- Risk Calls:
- Monthly, Bi-Monthly, or Quarterly Risk calls with participating TPAs. Provides opportunity to review TPA account performance and to provide solutions aimed at reversing negative trends
10%
- New Business Process:
- Review details of proposed new clients, enhancement of existing client programs, and requests for loans from clients
- Provide written feedback to all proposals with 36 hours
- Contract Exceptions:
- Handle the decision-making process when a contract submitted does not meet eligibility guidelines and a request for an exception is requested
- Information Technology:
- Assist VSC business analysts with special projects related to VSC business
- Assist with client implementations by providing component and fail code mapping
- Product Development:
- Provide input with new products and auto classification guidelines
- Serve as a technical resource for new programs that are developed
Education: Bachelors degree preferred in Risk Management, Finance, Actuary, or Equivalent Work experience.
Previous Experience: Minimum 3 years of recent professional automotive and/or vehicle contract review experience in the position or similar activity outside the organization
Company
At Assurant, we protect, connect and support major consumer purchases ... like homes, cars, appliances, and phones ... in partnership with industry-leading brands.
The brands people trust ... trust Assurant.
We help our clients connect and protect over 300 million consumers around the world.
We have 125 years of experience, 14,000 employees and operate in 21 countries.
Our unwavering purpose
We protect what matters most.
Our uncompromising values
Common sense, common decency, uncommon thinking and uncommon results guide the way we support our customers and work with each other. guide the way we support our customers and work with one another.
COMMON SENSE
We seek simple, straightforward solutions that keep life running smoothly for the clients and consumers we serve.
COMMON DECENCY
We act with integrity. We treat others with respect, courtesy, and kindness. We’re honest, transparent and committed to doing the right thing.
UNCOMMON THINKING
We're never satisfied with the status quo. We seek diverse perspectives and thrive on challenge. We believe there's always a way to build upon our successes.
COMMON RESULTS
We focus on actionable solutions that deliver measurable results. We approach each challenge with a sense of urgency, striving to exceed every expectation.
- Website
- https://jobs.assurant.com/
Get job alerts
Create a job alert and receive personalized job recommendations straight to your inbox.
Create alert