Associate-Claims-Analyst

Associate Claims Analyst

Job Type: Full Time

Location: Downtown - Chicago, IL

Remote Work: Hybrid, minimum 3 days in the office to promote collaboration and interaction with associates onsite

Salary Range: $60,000 - $70,000

Job Overview

The Associate Claims Analyst is responsible for supporting a team of claims attorneys to assist them in the efficient processing of new claim notices, opening new claim files, and managing claim bordereau information for Old Republic Professional (ORPRO). The Associate Claims Analyst will review lawsuits and communications received from insurance brokers and insured parties to ensure timely updates to the files.

Job Responsibilities

Ensure timely and efficient processing of new notices submitted to ORPRO, which may involve review of multiple policies and/or complex legal documents and pleadings.
Identify date of loss, set up file under the appropriate policy with direction from ORPRO Claims Counsel as needed, and utilize independent judgement to escalate any nuanced issues or questions to ORPRO Claims Counsel or ORPRO Claims Management for clarification when necessary.
Develop familiarity with professional liability and management liability insurance policies to effectively understand policy wording.
Identify and analyze material information in a file to determine escalation to ORPRO Claims Management.
Assist ORPRO supervising Claims Counsel in analyzing and identifying potential trends in matters submitted for coverage to ORPRO.
Review legal and vendor invoices, prepare check requests, and assist ORPRO Claims Counsel in processing payments.
Coordinate and complete a wide range of special projects from start to finish, as directed by ORPRO supervising Claims Counsel.
Assist and handle assigned excess Lawyers Professional Liability (LPL) files, excess Employment Practice Liability (EPL) files, and other low severity files as needed with oversight from ORPRO supervising Claims Counsel.
Prepare initial correspondence and reports and effectively track LPL and EPL bordereau
Information with oversight from ORPRO supervising Claims Counsel.
Actively monitor and request information for low severity files with oversight from ORPRO
supervising Claims Counsel.
The Associate Claims Analyst has the option of taking the adjuster licensing exam to enhance their ability to handle excess LPL and EPL files.

Job Requirements

A bachelor’s degree and/or paralegal certificate required.
2+ years of insurance or law firm experience preferred.
A basic understanding of insurance, legal, and law firm processes and procedures.
Experience maintaining confidentiality of work-related information and materials.
Excellent time management skills, including outstanding organization, high level prioritization, and ability to multi-task while maintaining attention to detail.
Excellent and efficient written and verbal communication skills.
A self-starter who enjoys working collaboratively within a team, learning from others across the organization, yet also comfortable working independently or with limited supervision as appropriate.
Advanced technical experience with Microsoft Office Suite including Outlook, Word, Excel, and PowerPoint.

About Old Republic Professional

Old Republic Professional (ORPRO™), established in December 1983, is a subsidiary of Old Republic International Corporation (NYSE: ORI), one of the nation’s 50 largest shareholder-owned insurance businesses and a member of the Fortune 500 listing of America’s largest companies. Old Republic Professional has provided Directors and Officers liability insurance and Lawyers Professional liability insurance for more than 40 years and now offers a wide array of management liability and professional liability products across an expanding national footprint in the U.S.

Culture

Work-life balance is highly valued; work culture is collaborative; colleagues are professional, passionate, open-minded, and entrepreneurial. We offer competitive wages, a comprehensive benefits package, a friendly, team-oriented environment, and we encourage and reward the professional growth of our employees. Employee benefits include BCBS medical, FSA/HSA accounts, long-term disability, dental, vision, fertility and family building benefits, Employee Assistance Program, paid time off (PTO), paid holidays, Paid Leave of Absence Benefits, 401(k) Savings and Profit-Sharing Plan, 529 Education Savings Plan, Gym Network 360 membership savings on fitness, nutrition and wellness programs, pet insurance, monthly commuting reimbursement, and tuition reimbursement for qualified job-related educational expenses.

Equal Employment Opportunity

Old Republic Professional provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.

Qualified candidates must submit a resume to