Full-Time

Claims Administrative Analyst

Confirmed live in the last 24 hours

Ryan Specialty

Ryan Specialty

1,001-5,000 employees

Financial Services

Compensation Overview

$27.3 - $30Hourly

+ Bonus

Junior, Mid

Hartford, CT, USA

Category
Insurance
Finance & Banking
Requirements
  • Minimum of 1 to 3 years of experience in insurance claims processing/ operations with a Bachelor’s degree
  • Bachelor’s degree required; Finance, Legal, Insurance and Business Administration preferred. Any other related discipline or commensurate work experience considered.
  • State specific Adjusting/Appraising/Examining/Investigating Licenses is preferred.
  • Associate in Claims (AIC) or Certified Claims Professional (CCP) is plus.
Responsibilities
  • Acts as a liaison between clients and insurance carriers, advocating on behalf of clients to ensure fair and timely resolution of claims.
  • Investigates and assesses claims, gathers relevant documentation, and collaborates with adjusters and other parties.
  • Monitors the progress of claims, proactively identifying and addressing any issues or obstacles that may arise.
  • Participates in claim reviews, audits, and performance evaluations to identify opportunities for improvement and enhance service delivery.
  • Develops and maintains strong relationships with clients, insurance carriers, and other stakeholders to promote trust, transparency, and effective communication.
  • Maintains claim files with carrier and broker correspondence via claims file best practices
  • Supports Claim Manager and Claim Analyst with file documentation in order to contribute data to the Claim and broker teams
  • Stays informed about industry trends, regulations, and best practices related to claims advocacy and insurance coverage.

Company Stage

IPO

Total Funding

$705.5M

Headquarters

Chicago, Illinois

Founded

N/A

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of Castel Underwriting and Socius Insurance positions Ryan Specialty for growth by expanding its product offerings and market reach.
  • The company's investment in new space in Chicago indicates a commitment to growth and expansion, potentially leading to new job opportunities and increased market presence.
  • Ryan Specialty's innovative programs, like the Franchise Hotel Program, showcase its ability to adapt and cater to niche markets, enhancing its competitive edge.

What critics are saying

  • The rapid expansion through acquisitions may pose integration challenges and strain resources, potentially impacting operational efficiency.
  • The specialty insurance market is competitive, and Ryan Specialty must continuously innovate to maintain its leadership position.

What makes Ryan Specialty unique

  • Ryan Specialty's focus on specialty insurance and its role as both a wholesale broker and managing underwriter sets it apart from traditional insurance firms.
  • The company's strategic acquisitions, such as Castel Underwriting and Socius Insurance, enhance its product offerings and expand its international presence.
  • Ryan Specialty's ability to successfully reprice its term loan and reduce capital costs demonstrates financial acumen and operational efficiency.

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