What are the responsibilities and job description for the Claims Analyst position at HomeServe?
HomeServe USA, a Brookfield Infrastructure Group portfolio company is a Great Place to Work, and while we’re biased, we’re not just saying that. We’re proud to have been certified as a Great place to Work the last five years. What does HomeServe do and what makes it so great? Well, we’re glad you asked!
We put people at the heart of everything we do. That’s priority number one for all of us. For the nearly 5 million customers we serve, that means being there when they have an emergency home repair need, such as getting their a/c working, clearing their clogged pipes, or fixing broken electrical systems. With over 1,300 municipal and utility partners, that means providing their customers with access to affordable home repair plans, making it easier, faster and less expensive to have their home repair needs met. And for the more than 1,500 people working alongside us, it means fostering a rewarding, inclusive and challenging career experience that we think is second to none. At HomeServe, everyone is welcome. We know that having diverse teams has a positive impact on our work and ultimately helps us better serve our customers.
No matter your role at HomeServe, you’re part of a growing team that’s working to make home repairs and improvements easy.
Position Overview:
The Contractor Operations Claims Analyst will be responsible for data analysis, reporting, and auditing to ensure that internal operations teams and HomeServe’s third-party contractor network are administering claims in accordance with policy terms and conditions, processes, and pre-negotiated rate schedules. The Claims Analyst will utilize claims data and reporting to identify opportunities to improve financial underwriting performance, operational efficiencies, and the customer experience. As well, the incumbent will work independently and collaboratively across both the Operations and Finance teams to develop analytical reports to better understand opportunities for cost avoidance. The Claims Analyst will conduct ad hoc reviews and regular deep dives of identified trends and opportunities, and work with key business stakeholders to provide summaries of findings and recommended actions.
Responsibilities:
- Utilize claims data to identify unfavorable trends or opportunities in claims performance to determine where additional analysis is necessary.
- Conduct audits based on findings to analyze the unfavorable trends impacting business claims performance as well as identify and audit any contractors, and/or internal operations team members, not adhering to pre-negotiated rate schedules, processes, and/or policy terms and conditions.
- Accurately identify, document, and share findings and opportunities for improvement. Create and document action plans for any business process changes identified during audits and assist in guiding the implementation of the changes.
- Develop clear framework for tracking and monitoring the implementation of business process changes and continually assess the impact of the changes on claims performance.
- Communicate insightful summaries to key business stakeholders on findings along with recommended actions for improvement tailored to the needs of the department.
- Responsible for completing various audits monthly, quarterly, or annually within Contractor Management to remain SOX compliant.
- Keep current on operational processes, contractor rate schedules, repair methods and practices, and policy terms and conditions.
- Build and maintain excellent relationships with key business stakeholders including but not limited to the Regional Operations Managers, Cost Authorization, Contractor Administration, Repair Management, and Finance.
- Meet KPI targets established by the company.
- Perform other duties as assigned.
Job Requirements:
- Bachelor’s degree in business, finance, or related field
- At least 2 years of experience in data analysis, reporting, auditing, or related field and demonstrates a good working knowledge of Contractor Operations processes.
- Advanced knowledge of Microsoft Excel and proficient in other Microsoft applications (Word/PowerPoint).
- Experience with field service management applications such as ServiceBench, Service Titan or Dispatch Technologies preferred.
- Strong analytical mind, critical thinking, and logical reasoning with the ability to make solution-oriented decisions that will guide business action.
- Excellent and accurate data entry skills with strong attention to detail.
- Self driven and exceptional organizational, time management, and independent problem-solving skills with the ability to work in a team environment and independently.
- Feel comfortable working in an autonomous environment where you are expected to be self managed, while responsible for meeting or exceeding personal and departmental goals.
- Strong time management and organization skills and the ability to shift priorities based on the needs of the business.
- Adept at managing multiple priorities and tasks in a fast-paced environment.
- Excellent written and verbal communication skills.
- Broad knowledge of home repair methods including plumbing, HVAC, and electrical
In return, We offer:
- Competitive compensation
- Career development and advancement opportunities
- Casual attire throughout the week
- Friendly, open and team oriented work atmosphere
- Excellent benefits including generous medical, vision, dental and life & disability insurance
- 401(k) plan with a company match
- Eligibility to enroll in up to two HomeServe coverage plans paid for by the company
Salary Range: $49,626.00 to $66,168.00
Bonus Potential: 5%
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to seniority, merit, geographic location where the work is performed, education, experience, travel requirements for the job, and/or other business and organizational needs.
HomeServe USA is an equal opportunity employer.
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Salary : $49,626 - $66,168