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Open nowPosted 31 days ago

Claims Accountant/Analyst

Old Republic24 open roles

Pay
$80,000 – $90,000 a year
Where
MN, Minnetonka (11055 Wayzata Blvd, Ste 250)
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Your applicationOpen nowClaims Accountant/AnalystOld Republic · MN, Minnetonka (11055 Wayzata Blvd, Ste 250)

  1. YouYes, apply to this one.

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The clock on this job

Early applications get read.

8.5% of postings close within 7 days. Measured by our own scanner across the market. Old Republic postings stay open a median of 4 days.

Share of postings closed within
  1. 1.8%1 day
  2. 4.0%3 days
  3. 8.5%7 days
  4. 15.4%14 days
  5. 34.1%30 days
This job: posted 31 days ago

Old Republic median: 4 days open

The posting

Job Description:

The Claims Accountant/Analyst is responsible for all claim related accounting functions, including general ledger entries and internal and external reporting for assisting in the evaluation of loss rates and reserve adequacy, compiling information for state loss calls, the maintenance of the automated claim system, and for the performance of other financial projects as needed.

Essential Duties and Responsibilities:

  • Coordinate all daily and monthly claim-related accounting including loss provision accruals, claim payments, reconciliations, salvage, and reserve adjustments.
  • Assist Corporate Legal and IS in maintaining the internet-based claims system including clearing edits, identifying and resolving system problems and reconciling the system to the general ledger.
  • Complete all regular claim-related reporting including quarterly and annual Statutory filings and management and GAAP reports.
  • Develop specialized claim reports as needed.
  • Assist in evaluating loss reserve adequacy by Company through the preparation of loss models and analyses.
  • Assist in analyzing loss experience and establishing loss provision rates by Company, state, county, and product line as needed.
  • Work with IS in the development and verification of any modifications to the claims system or to system reports.
  • Analyze claim activity to verify data, explain variances and to assist in identifying trends or areas of concern.
  • Compile loss data for state data calls and other government requirements.
  • Help with the annual SOX and external audit requests.
  • Assist with the Company benefits process.
  • Perform certain other accounting, budgeting and analysis projects as assigned by manager.

Knowledge and Skills Required:

  • Bachelor’s degree in business/accounting/finance/actuarial science or related field or a minimum of three years’ experience.
  • Problem solving, ability to think conceptually, make sound decisions and drive results.
  • Ability to collaborate with all levels of the organization as well as cross functionally.
  • Requires proficiency in Windows and Microsoft Office, especially Excel.
  • Ability to work in fast paced environment while successfully performing under time constraints and meets prescribed deadlines.
  • Strong attention to detail with excellent organizational skills, with ability to prioritize and handle multiple tasks and projects.
  • Ability to act independently with sound judgment and take initiative.
  • Written and verbal communications are clear, grammatically correct and business appropriate.

Communication and Interpersonal Skills:

  • Excellent professional written, verbal, listening and communication skills.
  • Must be a personable, positive, and professional representative of the company.
  • Ability to foster, develop and maintain professional and collaborative working relationships. Must be able to get along with others, i.e., peers, employees, supervisors, outside customers, and vendors. Lead by positive example.
  • Ability to collaborate and interact effectively and professionally with all levels of management, employees and customers by email, phone, video conferences and in person.
  • Actively listens and is mindful of the role body language, gestures and other nonverbal actions can play in communication.

Physical/Mental Demands:

  • The ability to work with confidential information.
  • The ability to perform under pressure and be flexible with disruptions throughout the workday.
  • Repetitive and continual keyboard activity and interaction with display monitors is required.
  • Local/daily travel by automobile and overnight business travel by air and/or automobile may be required.

#LI-KT1

The estimated pay range stated represents the typical pay range for this position or similarly employed employees or employees performing substantially similar work. Factors which may be used to determine the actual pay rate may include, but are not limited to, education, training or experience; seniority; merit and work performance; quantity or quality of production; regional differences in compensation; differences in local minimum wages, or ability and effort.

Position's Pay Range:

$80,000 - $90,000

Benefits may include:

  • Comprehensive medical, prescriptions, dental and vision plans
  • 401(k) plan with a discretionary company match
  • Shareholder Purchase and Reinvestment Plan
  • Basic life and accidental death and dismemberment insurance premium paid by the company
  • Voluntary supplemental life insurance for employees, spouses and dependent children
  • Fertility and Family Building Benefits
  • Paid Disability benefits
  • Paid time off programs
  • 11 Company paid holidays per year
  • Flexible spending account
  • Health savings account (available to High Deductible Health Plan participants only)
  • Employee Assistance Program
  • Educational Assistance Program
  • Voluntary benefits, such as Critical Illness, Hospital Indemnity, Pet Insurance and Accident Insurance
  • Title insurance policies and certain escrow services for the employee’s primary personal residence at no charge
  • Transportation benefit plan for mass transit, parking and vanpool, in several markets

Note: If you currently are employed by Old Republic Title (or one of its wholly owned affiliated companies) please get in touch with your human resources representative regarding the application process.

For California applicants, please click the following link to view our CCPA Applicant Notice

Old Republic Title is an Equal Opportunity Employer

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