Full-Time

SIU Analyst

Confirmed live in the last 24 hours

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Compensation Overview

$89.8k - $105.8kAnnually

+ Annual Bonus

Mid, Senior

No H1B Sponsorship

New York, NY, USA

Role operates in a standard office environment, not fully remote.

Category
Insurance
Finance & Banking
Required Skills
Data Analysis

You match the following Argo Group's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor’s degree from an accredited university required. Two or more related designations or four additional years of related experience beyond the minimum experience required above may be substituted in lieu of a degree.
  • A practical knowledge of SIU typically achieved through a minimum of two years' investigative experience in the private sector.
  • Must have good business acumen (i.e. understand how an insurance company works and makes money, including how this role impacts both Argo Group and our customers’ ability to be profitable).
  • Ability to regularly exercise discretion and independent judgment with respect to matters of significance. This role primarily faces problems and issues that generalized and typically not complex, but require an understanding of a broader set of issues.
  • Must have excellent communication skills and the ability to build lasting relationships.
  • Exhibit natural and intellectual curiosity in order to consistently explore and consider all options and is not governed by conventional thinking.
  • Desire to work in a fast-paced environment.
  • Excellent evaluation and strategic skills required.
  • Strong claim negotiation skills a must. Ability to take proactive and pragmatic approach to negotiation.
  • Must possess a strong customer focus.
  • Effective time management skills and ability to prioritize workload while handling multiple tasks and deadlines.
  • Ability to articulate the financial value of your work at multiple responsibility levels inside our clients’ business which may include CEO.
  • Must demonstrate the ability to exercise sound judgment working under technical direction.
  • Demonstrates inner strength. Has the courage to do the right thing and demonstrates it on a daily basis.
  • Proficient in MS Office Suite and other business-related software.
  • Uses listening and questioning techniques to effectively gather information from insureds and claimants.
  • Polished and professional written and verbal communication skills. Presents information clearly, concisely, and accurately.
  • Ability to effectively network, build and maintain relationships, and establish appropriate visibility with business partner.
  • The ability to read and write English fluently is required.
  • Must demonstrate a desire for continued professional development through continuing education and self-development opportunities.
  • Certified Insurance Fraud Investigator (CIFI) Must be licensed or have ability to quickly obtain a license within 1 Year.
Responsibilities
  • Ensure data is updated in claims source systems to assist in SIU investigations.
  • Conduct ISO runs as directed by the SIU team.
  • Conduct audits as requested by the SVP, Claims Shared Services to ensure compliance with red flag identification.
  • Analyze Social Media results to determine whether a claimant’s activity level or employment status is consistent with the claim.
  • Initiates proactive data investigations.
  • Effectively Communicates with SIU team on general observations and provides ongoing feedback on trends and developments.
  • Assists with the development and growth of our case management platform and data modeling tools.
  • Assists with fraud awareness training for the claims and underwriting staff.
  • Have a next level approach to job searching for more effective and efficient tools and workflows.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Argo distinguishes itself from competitors by its commitment to corporate responsibility, community engagement, and fostering an inclusive workplace that supports personal and professional growth. The company's goal is to ensure mutual success for its clients while actively participating in initiatives related to diversity, sustainability, and disaster relief.

Company Stage

IPO

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital insurance platforms aligns with Argo Interactive's mobile services.
  • The rise of parametric insurance products offers expansion opportunities in niche markets.
  • AI integration in underwriting improves risk assessment, benefiting Argo's specialty services.

What critics are saying

  • Leadership changes may lead to strategic instability post-Brookfield acquisition.
  • Talent drain, such as departures to competitors, could impact Argo's operations.
  • Brookfield's acquisition may shift company priorities and lead to restructuring.

What makes Argo Group unique

  • Argo specializes in niche markets with unique risk profiles like construction and marine.
  • The company offers tailored insurance solutions not typically covered by standard policies.
  • Argo's commitment to corporate responsibility enhances its reputation and client relationships.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Caregiver Leave

Paid Parental Leave

Paid Bereavement Leave

Military Leave

Employee Assistance Program (EAP)

Wellness Program

Employee Referral Bonus