Claims - Recovery Reinsurance Associate
- Employer
- Allstate Insurance Company
- Location
- Farmington Hills, Michigan
- Salary
- Not Specified
- Closing date
- Aug 26, 2019
View more
- Category
- Claims
- Job Type
- Not Specified
- Career Level
- Not Specified
Job Details
Where good people build rewarding careers.
Think that working in the insurance field cant be exciting, rewarding and challenging? Think again. Youll help us reinvent protection and retirement to improve customers lives. Well help you make an impact with our training and mentoring offerings. Here, youll have the opportunity to expand and apply your skills in ways you never thought possible. And youll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.
Job Description
The PIP Reinsurance Recovery Associate III is responsible for the day to day activities of recovering outstanding reinsurance recoverables of assigned claims of basic complexity. This entails but is not limited to accurately and timely submit request for reimbursement, responding to request for information (RFI) and maintaining appropriate documentation to assist in collection efforts of assigned claims. Ability to communicate effectively to reinsurer, co-workers and immediate manager is expected. Assignments are basic complexity, perform under general supervision, following a standard prescribed process.
Key Responsibilities
- Prepares Request for Reimbursements (RFR) for claims of basic complexity following a standard prescribed process
- Review RFR for adherence to the reinsurer Claim Guide for Reimbursement prior to submission for approval.
-
Performs routine balancing of claim and reinsurance systems (Next GEN/ACA/SAP) of basic complexity claims
- Including, identify, document and resolve any routine reconciling variances
- work under the direction of Management in resolving any non-routine reconciling variances
- Responds timely to all Request for Information (RFI) from reinsurer on assigned claims
- Setup and maintain accurate recovery claim files and ensure diary is kept updated and current
- Ensure RFR submissions are submitted accurately and timely for all assigned claims
Job Qualifications
Education and Experience
-
High school/G.E.D. with additional specialized/technical training or some college courses in Bookkeeping/Accounting
- 0 -6 months of related experience in bookkeeping, banking or professional work environment
Functional Skills
- General knowledge of the fundamentals of the Insurance Industry
- Solid PC skills in Microsoft Office
- General time management (organization, priorities) skills on routine job responsibilities
- General procedural analysis, documentation and communication skills
- Experience with Allstates internal reinsurance system and hardware for submission of RFRs is a plus
- General knowledge of PIP Reinsurance Recovery department policies and procedures
- General skills in RFR submission on reinsurers system
The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.
Good Work. Good Life. Good Hands.
As a Fortune 100 company and industry leader, we provide a competitive salary but thats just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, youll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.
Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.
Allstate generally does not sponsor individuals for employment-based visas for this position.
Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.
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Company
- Website
- https://www.allstate.com/
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