Initial review of new assignments * Contact with Outside Insurance Carriers (OICs) * Gathering and ... Will make outbound calls to report New Claims to OICs as directed by the REPO Plus Claims Adjusters ...
Initial review of new assignments * Contact with Outside Insurance Carriers (OICs) * Gathering and ... Will make outbound calls to report New Claims to OICs as directed by the REPO Plus Claims Adjusters ...
Bond Claims Agent
Carmel, IN · On-site
Manage loss scenarios with financial institutions and Risk Management Dept. * Review and verify ... Direct policyholders what policy and insuring agreement may be triggered, the policy reporting ...
Bond Claims Agent
Carmel, IN · On-site
Manage loss scenarios with financial institutions and Risk Management Dept. * Review and verify ... Direct policyholders what policy and insuring agreement may be triggered, the policy reporting ...
Bond Claims Agent
Carmel, IN · On-site
Manage loss scenarios with financial institutions and Risk Management Dept. * Review and verify ... Direct policyholders what policy and insuring agreement may be triggered, the policy reporting ...
Bond Claims Agent
Carmel, IN · On-site
Manage loss scenarios with financial institutions and Risk Management Dept. * Review and verify ... Direct policyholders what policy and insuring agreement may be triggered, the policy reporting ...
Manage loss scenarios with financial institutions and Risk Management Dept. * Review and verify ... Direct policyholders what policy and insuring agreement may be triggered, the policy reporting ...
Manage loss scenarios with financial institutions and Risk Management Dept. * Review and verify ... Direct policyholders what policy and insuring agreement may be triggered, the policy reporting ...
Claims Attorney
Fort Wayne, IN · On-site
... reports or other updates as requested by management ... Identify and/or offer guidance regarding appropriate cost containment, loss mitigation, and ...
Claims Attorney
Fort Wayne, IN · On-site
... reports or other updates as requested by management ... Identify and/or offer guidance regarding appropriate cost containment, loss mitigation, and ...
Claims Attorney
Fort Wayne, IN · On-site
... reports or other updates as requested by management ... Identify and/or offer guidance regarding appropriate cost containment, loss mitigation, and ...
Claims Attorney
Fort Wayne, IN · On-site
... reports or other updates as requested by management ... Identify and/or offer guidance regarding appropriate cost containment, loss mitigation, and ...
Claims Attorney
Fort Wayne, IN · On-site
... reports or other updates as requested by management ... Identify and/or offer guidance regarding appropriate cost containment, loss mitigation, and ...
Claims Attorney
Fort Wayne, IN · On-site
... reports or other updates as requested by management ... Identify and/or offer guidance regarding appropriate cost containment, loss mitigation, and ...
About Balance Claims Balance Claims ( provides full-service claims administration, estimating, and ... Review client-provided documentation (photos, measurements, carrier reports, etc.) to understand ...
Quick apply
About Balance Claims Balance Claims ( provides full-service claims administration, estimating, and ... Review client-provided documentation (photos, measurements, carrier reports, etc.) to understand ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
As a Loss Prevention Associate , you play an important role in protecting the company's assets. You ... Maintain case log and incident reports * Conduct investigations including credit card and check ...
As a Loss Prevention Associate , you play an important role in protecting the company's assets. You ... Maintain case log and incident reports * Conduct investigations including credit card and check ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
LOSS PREVENTION ASSOCIATE
Greenwood, IN · On-site
As a Loss Prevention Associate , you play an important role in protecting the company's assets. You ... Maintain case log and incident reports * Conduct investigations including credit card and check ...
LOSS PREVENTION ASSOCIATE
Greenwood, IN · On-site
As a Loss Prevention Associate , you play an important role in protecting the company's assets. You ... Maintain case log and incident reports * Conduct investigations including credit card and check ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Our group of caring associates create financial security by helping individuals and businesses make ... Investigate and assemble facts, determine policy coverage, evaluate the amount of loss, analyze ...
Provide timely status reports regarding assigned claims to claims department management and others. * Identify and pursue appropriate cost containment, loss mitigation and subrogation recovery ...
Provide timely status reports regarding assigned claims to claims department management and others. * Identify and pursue appropriate cost containment, loss mitigation and subrogation recovery ...
Provide timely status reports regarding assigned claims to claims department management and others. * Identify and pursue appropriate cost containment, loss mitigation and subrogation recovery ...
Provide timely status reports regarding assigned claims to claims department management and others. * Identify and pursue appropriate cost containment, loss mitigation and subrogation recovery ...
Provide timely status reports regarding assigned claims to claims department management and others. * Identify and pursue appropriate cost containment, loss mitigation and subrogation recovery ...
Provide timely status reports regarding assigned claims to claims department management and others. * Identify and pursue appropriate cost containment, loss mitigation and subrogation recovery ...
Initial Loss Reporting Claims Associate information
What are some common challenges faced by an initial loss reporting claims associate, and how can they be effectively managed?
What does an initial loss reporting claims associate do?
What is the difference between Initial Loss Reporting Claims Associate vs Claims Adjuster?
| Aspect | Initial Loss Reporting Claims Associate | Claims Adjuster |
|---|---|---|
| Credentials | High school diploma or equivalent; some roles may require insurance licensing | High school diploma; state licensing often required |
| Work Environment | Office setting, customer service focus, data entry | Field and office work, investigating claims |
| Industry Usage | Insurance companies, claims reporting departments | Insurance companies, claims investigation teams |
| Search/Comparison Intent | Understanding entry-level claims reporting roles | Evaluating claims investigation and settlement roles |
In summary, an Initial Loss Reporting Claims Associate primarily handles reporting and data entry related to insurance claims, often at an entry level. A Claims Adjuster, on the other hand, investigates and evaluates claims to determine coverage and settlement. Both roles are essential in the insurance industry but differ in responsibilities and required credentials.
What are the key skills and qualifications needed to thrive as an initial loss reporting claims associate?
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 26 days ago
Allied Solutions rating
7.9
Based on 11 frontline employees who took The Breakroom Quiz
180th of 304 rated insurance
Job description
*Job Duties and Responsibilities:
REPO Plus Investigation Handling (40%)
- Responsible for managing the receipt of new investigation assignments as well as managing pending inventory assigned to them including:
- Initial review of new assignments
- Contact with Outside Insurance Carriers (OICs)
- Gathering and documenting information on a claim file as directed by a REPO Plus Claims Adjuster or Analyst
- Asking follow-up questions of the OIC as needed based on the information gathered to that point
- Timely follow up in situations where initial contact was unsuccessful
- Managing a pending inventory of 60-100 assignments
- Must meet individual QA targets as set by REPO Plus management
- Must meet individual Production targets as set by REPO Plus management
REPO Plus Claim Reporting Handling (25%)
- Will make outbound calls to report New Claims to OICs as directed by the REPO Plus Claims Adjusters and Analysts
- Assignments are made daily
- Must meet certain departmental cycle time metrics as set by REPO Plus management
- Documents the REPO Plus claim file with information obtained or that the New Claim report was unsuccessful
- Must meet individual QA targets as set by REPO Plus management
- Must meet individual Production targets as set by REPO Plus management
REPO Plus Coverage Investigations (25%)
- Will make outbound calls to OICs as directed by REPO Plus Claims Adjusters and Analysts to gather information relative to coverage relative to a specific vehicle or borrower
- Assignments are made daily
- Must meet certain departmental cycle time metrics as set by REPO Plus management
- Documents the REPO Plus claim file with information obtained or that the Coverage Verification was unsuccessful
- Must meet individual QA targets as set by REPO Plus management
- Must meet individual Production targets as set by REPO Plus management
REPO Plus Condition Report Review (10%)
- Review the condition reports submitted by lender clients (through various channels) for damaged collateral and identifies those with damage for movement to the next stage of the REPO Plus process
- Must meet individual QA targets as set by REPO Plus management
- Must meet individual Production targets as set by REPO Plus management
*Qualifications (Education, Experience, Certifications & KSA):
- High School Diploma or GED required
- Associate's degree, or Vocational or Technical School Degree preferred; or equivalent combination of education and experience
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts or working conditions associated with a job.
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We offer our employees a robust compensation package! Our comprehensive benefits include: medical, dental and vision insurance coverage; 100% company-paid life and disability coverage, 401k options with company match, three weeks PTO by the end of the first year and much more. Allied proudly promotes from within as part of a strong commitment to providing career growth opportunities for employees of all levels. Our diverse business portfolio allows employees broad career options with the advantage of staying with the same organization.
All qualified candidates will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
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What Allied Solutions employees say
Pay
Benefits
Hours and flexibility
Workplace
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About Allied Solutions
Sourced by ZipRecruiter
Industry
Finance and insurance
Company size
1,001 - 5,000 Employees
Headquarters location
Carmel, IN, US
Year founded
1978