Insurance Analyst I - 60018096

Job Responsibilities

These positions are located within the Insurance Reserve Fund (IRF) Division of the State Fiscal Accountability Authority and serves as an Insurance Analyst I in the Auto/Fast Track Unit of the Tort Claims Department.

Duties:

• Investigate small torts and property claims by reviewing policy language and coverages and gather necessary information to conclude claims.
• Log notes, show detailed information on steps taken to handle the claims are entered into system on the same day that the work is performed.
• Manage school bus claims by working with a third-party administrator (TPA).
• Ensure claims are paid appropriately and within insurance policy guidelines.
• Review claims and verify information and documentation on claims that are within the TPA authority limits.
• Enter time sensitive material submitted by vendor.
• Evaluates and implement defense strategies on school bus suits brought against insured entities in order to reach a successful resolution based on current laws.
• Make decisions on settling or defending cases based on liability and damages and may participate in mediation to bring the case to successful resolution.
• Communicates with insured and claimants regarding coverage questions, status of claims and other questions to ensure that both customers and claimants have accurate and complete information.

Minimum and Additional Requirements

A high school diploma and work experience in processing claims. A bachelor's degree may be substituted for the related work experience.

Additional Comments

The State Fiscal Accountability Authority offers an exceptional benefits package for FTE positions that includes Health, Dental, Vision, Long Term Disability, and Life Insurance for Employee, Spouse and Children.

15 days annual (vacation) leave per year

15 days sick leave per year

13 paid holidays

State Retirement Plan and Deferred Compensation Programs