Jobs
>
Toronto

    Senior Claims Analyst - Toronto, ON, Canada - Facility Association

    Default job background
    Description

    Hybrid / 2235 Sheppard Avenue East, Atria II, Suite 500, Toronto, ON

    Status:

    12 to 18 Month Contract

    Posting Date:

    November 22, 2023

    Closing Date:

    About Facility Association:

    Facility Association is an unincorporated non-profit association of insurers. FA operates in Yukon, Nunavut, Northwest Territories, Alberta, Ontario, Nova Scotia, New Brunswick, Prince Edward Island and Newfoundland and Labrador. Every insurer licensed to write automobile liability insurance in these jurisdictions is a member of Facility Association. The affairs and business of FA is managed and controlled by a Board of Directors with authority Canada-wide. The President and CEO is responsible for the day-to-day operations of the organization and management of staff.

    Our Purpose:

    Facility Association ensures the availability of automobile insurance to owners, lessees and licensed drivers of motor vehicles who are eligible.

    Our Mission:

    To deliver on our Purpose through the efficient administration of automobile insurance residual market mechanisms; and by providing valued information to our members. Facility Association strives to enhance market stability through minimizing our market presence and impact, in an effort to provide consumers with the benefits of a healthy and competitive standard insurance market.

    About the Role:

    Reporting to the Director, Claims, the Senior Claims Analyst is a claims subject matter expert in AB/BI claims who lends their knowledge to develop claim guides and a complete overview of claims that are deemed reportable. The Senior Claims Analyst (a) ensures that there is sufficient oversight of the claims to protect the financial interests of the Facility Association (FA) risk sharing pool and the uninsured motorist funds, (b) reviews and monitors all Large Loss claims reported from Members and Servicing Carriers, (c) provides recommendations on claims, and (d) presents information to the Claim Committee and senior leadership.

    Responsibilities/Key Activities:

    • Claims File Management:
      • Review large loss claim files and provide recommendations to Servicing Carriers and Members.
      • Monitor the investigation, defense and final settlement of the Uninsured Automobile Funds (UAF) and Judgement Recoveries in the Atlantic Provinces and provide technical direction to legal counsel.
    • Monitor the progress and resolution of Run-off claims through the review of regular reports and provide technical guidance and direction to Independent Adjusters.
    • Provide settlement recommendations for approval internally and attend mediations, settlement conferences, etc. as required.
    • Review and process vendor invoices and indemnity submissions on Run Off, FARM Legal Reimbursement, UAF and Judgment Recovery files.
    • Prepare and analyze financial and claims reports, and all financial information associated with claims management including reconciling reserves and payments.
    • Claims Committee Management:
      • Prepare and present analytical reports, recommendations, and briefing notes to seek advice and/or input from the Claim Committee members on a range of items (ex. complex claims, Claims Guides changes, regulatory issues, etc.).
      • Facilitate discussion with Claims Committee members on industry trends and risk exposures.
    • Manage Special Projects:
      • Lead and participate in Special Projects within the department or cross-functionally.
      • Conduct research, prepare background information, develop, and implement new/revised process improvements, automation, and modernization and provides input to leadership as needed.
      • Collaborate with project managers and stakeholders as required.
      • Assist in the development of formal bulletins and memos issued on behalf of the department.
      • Prepare reports for senior management and regulators as required.

    Qualifications:

    • Undergraduate Degree or Post-Secondary Diploma or equivalent experience.
    • Chartered Insurance Professional (CIP) Designation or Fellow Chartered Insurance Professional (FCIP) Designation.
      • Certified Risk Manager (CRM) Designation is an asset.
    • At least 5 to 7 years of relevant experience in one or more of the following areas:
      • Automobile insurance experience across multiple jurisdictions.
      • Prior experience in Bodily Injury and/or Accident Benefits.
    • Strong knowledge of the automobile insurance regulatory environments in all the provinces and territories where FA operates.
    • Advanced proficiency in MS Office (Word, Access, Excel, PowerPoint) and SharePoint.
    • Experience in Tableau is an asset.
    • Excellent verbal and written communication abilities.
    • Strong analytical and problem-solving skills.
    • Excellent time management and organizational skills.
    • Ability to work remotely from home (ex. home, internet, workspace, etc.) and attend on-site as required.

    This position qualifies under the FA Employee Referral Program.

    Facility Association is committed to providing accommodation for people with disabilities. Applicants need to make their needs known in advance.

    FA is proud to be an equal opportunity employer. Alongside a commitment to excellence, FA is also committed to building a diverse working environment with hiring practices that encourage diversity in all its forms, including race, gender, sexual orientation, religion and ethnicity, among others.

    Please be advised that only those applicants who are selected for interviews will be contacted.

    #J-18808-Ljbffr

  • Scotiabank

    Claims Analyst

    3 weeks ago


    Scotiabank Toronto, Canada

    Requisition ID: 183418 · Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. · **Position**:Claims Analyst**,** **Fraud Claims & Support Services, Fraud Management Operations**: · Purpose · Contributes to the overall success of t ...

  • Scotiabank

    Claims Analyst

    2 weeks ago


    Scotiabank Toronto, Canada

    Requisition ID: 187817 · Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. · **Purpose** · Contributes to the overall success of the Fraud Claims & Support Services team in Canada for the resolution and · processing of all card ...

  • Toronto Hydro

    Claims Analyst

    2 weeks ago


    Toronto Hydro Toronto, Canada

    **WORK ILLUSTRATION**: · Reporting to the Manager, Claims Management, the Claims Analyst is responsible for the timely investigation, analysis and resolution of property and casualty claims The incumbent also supports in the analysis and packaging of claims data reporting. · The ...

  • Head Office - Primaris REIT

    Claims Analyst

    1 week ago


    Head Office - Primaris REIT Toronto, Canada

    **Claims Analyst**: · Primaris REIT is currently hiring a dedicated and enthusiastic Claims Analyst to join our team at our Head Office in Toronto, ON. If you have strong negotiation skills, have the ability to resolve conflict and thrive in a dynamic, fast-paced environment, thi ...

  • ARAG Legal Solutions Inc

    Claims Analyst

    5 days ago


    ARAG Legal Solutions Inc Toronto, Canada

    **Claims Analyst** · The German ARAG Group, a global leader in legal expense insurance operating in 19 countries, recently acquired DAS Legal Protection in Canada which offers an innovative and comprehensive range of legal expense products and services for brokers, underwriting a ...

  • Starr Companies

    Claims Analyst

    2 weeks ago


    Starr Companies Toronto, Canada

    Starr Insurance Companies is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultim ...

  • Bantrel

    Claims Analyst

    2 weeks ago


    Bantrel Toronto, Canada

    **Duties & Responsibilities**: · - Forecast monthly incurred costs, prepare monthly cost accruals, and explain the variances. · - Support efforts to re-cast project estimates into manageable cost control budgets per project requirements · - Maintain or coordinate the project cost ...

  • QuadReal Property Group

    Claims Analyst

    3 weeks ago


    QuadReal Property Group Toronto, Canada

    **About QuadReal Property Group** · QuadReal Property Group is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management total $67.1 billion. From its foundation in Canada as a full-service real es ...

  • First National Financial

    Claims Analyst

    4 days ago


    First National Financial Toronto, Canada

    Working together to be our best · First National is Canada's largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988. Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team mem ...

  • Scotiabank

    Claims Analyst

    1 day ago


    Scotiabank Toronto, Canada

    Requisition ID: 194795 · Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. · **Purpose** · The Fraud Claims Analyst is responsible for reviewing fraud claims to ensure Bank losses are minimized by taking action to confirm that ...

  • PartnerRe

    Claims Analyst

    3 days ago


    PartnerRe Toronto, Canada

    Company Description · PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world. · Our mission is to continue to be a fin ...


  • Scotiabank Toronto, Canada

    Requisition ID: 189059 · Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. · **Purpose** · Contributes to the overall success of the Fraud Claims & Support Services team in Canada for the resolution and · processing of all card ...


  • Sony Electronics Toronto, Canada

    Sony Electronics Inc. is looking for the risk-takers, the collaborators, the inspired and the inspirational. We want the people who are brave enough to work at the cutting edge and create solutions that will enrich and improve the lives of people across the globe. In addition to ...

  • AIG

    Claims Analyst Iv

    3 weeks ago


    AIG Toronto, Canada

    Who we are · American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that h ...


  • AIG Toronto, Canada

    Who we are · American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance in approximately 70 countries and jurisdictions. These diverse offerings include products and services that h ...


  • Securian Canada Toronto, Canada

    **About Securian Canada** · **Who we are - and who we're here for** · We're here for all Canadians and their families - however they define family. Our practical, life-ready insurance and protection solutions are designed to help provide financial security, so that Canadians can ...


  • Marsh Toronto, Canada

    **Claims Analyst/Administrator** · **What can you expect?** · Working within the Claims Department This position is for an entry-level professional individual contributor in Claims Advocacy. · **What is in it for you?** · - A company with a strong Brand and strong results to matc ...


  • iA Groupe financier / iA Financial Group Toronto, Canada

    Claims - Health & Dental Insurance /Toronto or Montreal /Work from home/permanent, full-time_ · Junior Analyst is accountable for processing health and dental claims according to standards, policies and procedures. · **Key responsibilities**: · - Analyze and process health and de ...


  • Cognizant Technology Solutions Toronto, Canada

    Why Choose Cognizant? · It takes a lot to succeed in today's fast-paced market, and Cognizant has become a leader in the industry. We love big ideas and even bigger dreams. We stand out because we put human experiences at the core. We help clients engage customers by envisioning ...


  • iA Groupe financier / iA Financial Group Toronto, Canada

    **_Department:_**_ Life & Critical Illness Claims _**_Type of Work:_**_ Telework _**_Status: _**_Permanent _**_Location:_**_ Can be based anywhere in Canada (Quebec, Montreal, Toronto, Vancouver) _**_Desired Start Date:_**_ As soon as possible_ · Do you want to play an essential ...