Posted:
10/9/2024, 9:36:26 AM
Location(s):
Falls Church, Virginia, United States ⋅ Virginia, United States
Experience Level(s):
Senior
Field(s):
Legal & Compliance
Every day, our team members do amazing things in pursuit of our shared purpose to build trust with our clients, partners, subcontractors, and teammates. No matter your background, education, or career path, if you share our vision to create extraordinary experiences, you belong at HITT.
Senior Associate, Claims & Risk Management
The Senior Associate, Claims & Risk Management, is responsible for daily management and handling of a wide variety of claims for various construction organizations. The Senior Associate, Claims & Risk Management contributes to analytical support to the Insurance & Risk Management team and leadership as needed on periodic reporting of claim and incident trends.
The Senior Associate, Claims & Risk Management performs work that is varying in scope and is in support of their development and growth within the Insurance & Risk Management department. This role proactively develops solutions to problems and uses sound judgement in issue escalation to leadership. This role applies fundamental insurance and claim concepts, practices, and procedures in support of the claims functions within the Insurance & Risk Management Department.
This position reports to Manager, Claims & Risk Management in the Insurance & Risk Management Department. This position is an exceptional individual contributor and does not directly manage any team members.
Responsibilities
Claims and Incident management
Claim reporting and handling including but not limited to auto, general liability, property, workers compensation, pollution, and professional
Independent claims handling and shared coordination with Manager, Claims & Risk Management
Provide guidance on applicable insurance coverage, limits and deductibles as needed
Liaison with insurance company claims professionals and internal stakeholders for successful outcome of claim
Draft settlement recommendation memorandums within prescribed authority
Pursue subrogation recovery when warranted
Insured Litigation Support
Assist in the production of documents and coordinating internal depositions for litigated cases
Work in conjunction with Legal team to identify and track cases requiring a legal hold
Manage calendar of key dates for open matters
Participate in interviews with prospective attorneys and vendors; update and maintain list of approved attorneys and vendors
Risk Management Information System (RMIS)
Technical subject matter expert on claims data within organization’s RMIS
Analyze incident and claims data and draw meaningful conclusions to include in the company’s internal reporting
Process improvement
Identify areas of opportunity where efficiencies can be made and implement improvements
Streamline departmental process and procedures
Create standard operating procedures for assigned tasks
Assist with the planning and execution of departmental goals
Risk Management Communications
Generate company resources such as news articles and presentations regarding relevant topics
Liaison with insurance company resources for claim and loss control best practices
Qualifications
Bachelor’s degree in Risk Management, Business, Finance, Economics, Safety, or related fields preferred, but not required; in lieu of a degree, additional work experience is acceptable
Minimum of 3-5 years of experience handling property & casualty insurance claims
Experience in the architecture/engineering/construction (AEC) field or commercial real estate development highly desirable
Adept with Microsoft Excel for data analytics and financial summaries
HITT Contracting, Inc. is committed to creating a diverse and inclusive environment. We are proud to be an Equal Opportunity and Affirmative Action Employer providing opportunities to all employees and applicants without regard to race, sex, national origin, religion, age, disability, veteran status, genetic information, sexual orientation, gender identity and any other protected status in accordance with applicable law.
Women, minorities, individuals with disabilities, veterans, and LGBTQ+ individuals are encouraged to apply.
HITT Contracting, Inc. promotes a drug-free workplace.
Website: https://hitt.com/
Headquarter Location: New York, New York, United States
Employee Count: 501-1000
Year Founded: 1937
IPO Status: Private
Industries: Building Material ⋅ Real Estate