Sr Claims Analyst Sr Claims Analyst …

Bank of America Merrill Lynch
in Newark, DE, United States
Permanent, Full time
Be the first to apply
Competitive
Bank of America Merrill Lynch
in Newark, DE, United States
Permanent, Full time
Be the first to apply
Competitive
Sr Claims Analyst
Job Description:

This position is responsible for processing Fraud and or Non Fraud complex claims for Bank of America Customers, including multiple claim types. Associates will review all supporting documentation to determine the best course of action for the Customer, including making phone calls to the Customer to resolve the claim or to set the correct expectations. Associates must ensure they are up to date and apply all internal policies, procedures, and regulatory requirements when reviewing Customer accounts.
Resolves customer check and digital claims within the bank's policies and procedures. Responsibilities include: investigate and decision daily incoming claims using multiple systems and tools; resolve differences; answer service requests and inquiries received from various channels. May debit or credit customer's accounts as appropriate, process charge backs or update customer regarding pending claims. Researches and resolves other general customer account inquiries as appropriate. The incumbents primary interaction is through indirect customer functions. Typically performs back office functions such as, service support, claims resolution, ticket ordering and judgment claims. Maintains internal operational and financial controls and ensures that they are observed for all assigned cases. Ensures that all cases are resolved in compliance with industry regulations and bank procedures, integrity levels of the department's case management system and financial controls. Works within a team environment. Associate is expected to meet or exceed department level benchmarks for productivity and quality. May provide support and training to other analysts within the department. Has thorough knowledge of the Claims Analyst function and handles more complex cases which require analytical and problem resolution skills. At least 2 years of experience preferred.

Required skills:
Not currently on any form of corrective action
Currently meeting both productivity and quality goals
Superior understanding of Fraud claims processing
Excellent communication skills
Team oriented attitude Ability to multi-task, be flexible to change and manage priorities
Detail oriented, a quick learner, and takes ownership over tasks
Minimum of Meets / Meets rating on most recent PDP

Desired skills:
N/a

Shift:
1st shift (United States of America)

Hours Per Week:
40
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