Loss Claims Specialist
Company | Fifth Third Bank |
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Location | Grand Rapids, MI, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | |
Experience Level | Junior, 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
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No preferred qualifications provided.