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Loss Claims Specialist

Loss Claims Specialist

CompanyFifth Third Bank
LocationGrand Rapids, MI, USA
Salary$Not Provided – $Not Provided
TypeFull-Time
Degrees
Experience LevelJunior, Mid Level

Requirements

  • High school diploma or equivalent required.
  • Minimum 2 years of collections, insurance claims, or equivalent work experience.
  • Excellent verbal and written communication skills.
  • Strong experience with Microsoft office products, such as Word, Excel, PowerPoint, and Outlook.
  • Proficient with computer systems and keyboarding / data entry skills with moderate speed and accuracy.
  • Ability to work in a team environment, presenting a professional image and commanding the respect of peers and leadership.
  • General knowledge of collection laws, regulations, principles of credit lending, and risk management.
  • Utilizes a fair degree of independence and problem solving.
  • Ability to multi-task and be flexible while managing change.

Responsibilities

  • Coordinate with insurance companies and customers through inbound/outbound calls and emails to assist in the handling of total loss and/or repair claims
  • Review accounts and work with dealers and/or providers to cancel aftermarket products
  • Accurately and efficiently process refunds and update trackers to reflect payment information received
  • Follow up with dealers and/or providers regarding discrepancies in refunds
  • Procure and supply documentation necessary to garner claim proceeds
  • Conduct research including statements, customer files, and payment copies to verify accuracy of claim proceeds
  • Record all efforts via the department systems insuring that all accounts are called and noted accurately
  • Perform any other duties as assigned.

Preferred Qualifications

    No preferred qualifications provided.