Senior Associate, Claims & Risk Management
HITT Contracting Inc.

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Senior Associate, Claims & Risk Management

Job Description:

The Senior Associate, Claims & Risk Management, is responsible for daily management and handling of a wide variety of claims for various construction organizations. The Senior Associate, Claims & Risk Management contributes to analytical support to the Insurance & Risk Management team and leadership as needed on periodic reporting of claim and incident trends.

The Senior Associate, Claims & Risk Management performs work that is varying in scope and is in support of their development and growth within the Insurance & Risk Management department. This role proactively develops solutions to problems and uses sound judgement in issue escalation to leadership. This role applies fundamental insurance and claim concepts, practices, and procedures in support of the claims functions within the Insurance & Risk Management Department.

This position reports to Manager, Claims & Risk Management in the Insurance & Risk Management Department. This position is an exceptional individual contributor and does not directly manage any team members.

Responsibilities

• Claims and Incident management
  
  • Claim reporting and handling including but not limited to auto, general liability, property, workers compensation, pollution, and professional
    
  • Independent claims handling and shared coordination with Manager, Claims & Risk Management
    
  • Provide guidance on applicable insurance coverage, limits and deductibles as needed
    
  • Liaison with insurance company claims professionals and internal stakeholders for successful outcome of claim
    
  • Draft settlement recommendation memorandums within prescribed authority
    
  • Pursue subrogation recovery when warranted
    
• Insured Litigation Support
  
  • Assist in the production of documents and coordinating internal depositions for litigated cases
    
  • Work in conjunction with Legal team to identify and track cases requiring a legal hold
    
  • Manage calendar of key dates for open matters
    
  • Participate in interviews with prospective attorneys and vendors; update and maintain list of approved attorneys and vendors
    
• Risk Management Information System (RMIS)
  • Technical subject matter expert on claims data within organization's RMIS
    
  • Analyze incident and claims data and draw meaningful conclusions to include in the company's internal reporting
    
• Process improvement
  
  • Identify areas of opportunity where efficiencies can be made and implement improvements
    
  • Streamline departmental process and procedures
    
  • Create standard operating procedures for assigned tasks
    
  • Assist with the planning and execution of departmental goals
    
• Risk Management Communications
  
  • Generate company resources such as news articles and presentations regarding relevant topics
    
  • Liaison with insurance company resources for claim and loss control best practices
    

• Bachelor's degree in Risk Management, Business, Finance, Economics, Safety, or related fields preferred, but not required; in lieu of a degree, additional work experience is acceptable
  
• Minimum of 3-5 years of experience handling property & casualty insurance claims
  
• Experience in the architecture/engineering/construction (AEC) field or commercial real estate development highly desirable
  
• Adept with Microsoft Excel for data analytics and financial summaries