Securities Claims Analyst II

Posted:
8/5/2024, 5:00:00 PM

Location(s):
Norfolk, Virginia, United States ⋅ Virginia, United States

Experience Level(s):
Junior ⋅ Mid Level

Field(s):
Sales & Account Management

We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

A Claims Analyst II is responsible for overseeing and project-managing a portfolio of cases that are focused on securities, as well as directing work activities for an area of business within CCB. They are responsible for organizing all activities on these cases including case research, documenting, marketing, interaction with clients and claims administrators, claims filings, and audit responses. This person may also assist other team members as appropriate on other cases.

*MUST come from a financial services and securities background, with working knowledge of hedge funds, trade desks, securities trading, forwards, options, swaps, etc.

Key Responsibilities (other duties may be assigned): 

  • Research new and existing class action settlements
  • Develop and execute project plan for assigned cases
  • Oversee marketing and communication activities for assigned cases
  • File claims on behalf of clients with claims administrator.  Work with clients and claims administrator to maximize recovery
  • Update systems with pertinent updates from research and claims filing activities
  • Develop case level valuation model to estimate anticipated recovery
  • Interact with clients, sales organization, and client services about the particulars of assigned cases and case updates
  • Process and extrapolate claim data in eligible cases
  • Actively participate in suggesting, testing, and implementing infrastructure changes and process improvements

Professional Experience/Qualifications:

  • Bachelor’s degree in Business, or related field, preferred or 3+ years equivalent amount of related experience
  • Intermediate to advanced MS Excel skills required
  • 1-2 of project management, intermediate experience with analysis of information and data
  • Proficiency with desktop and MS Office applications (Outlook, Excel, Word, PowerPoint), required
  • Strong writing skills, proofreading, attention to detail required
  • SQL experience a plus

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.