Job Description
Position Summary
Investigate possible fraud in underwriting and claims. May include medical provider fraud.
Essential Functions
- Investigate possible fraud in underwriting and claims.
- Provide monthly statistics, such as the number open and closed claims/underwriting files, as well as Special Investigations Unit Savings.
- Perform database searches and gather relative information needed from claims and underwriting files to commence an investigation.
- Conduct non-customer contact investigation, such as obtaining Department of Motor Vehicles certified copies and performing NJ court research.
- Prepare detailed and thorough reports on the findings of the preliminary investigation and make recommendations for further handling of the file.
- Prepare BFD forms for Investigators and meet with BFD Investigators on referred SIU files
- Communicate to the Supervisor any Special Investigations Unit issues from the claims and underwriting staff.
- Conduct customer contact investigations; take recorded statements; daily telephone contact with claimants, insureds, attorneys.
Physical Demands
- Prompt and regular attendance
- Frequently move about to coordinate work
- Must be able to be stationary and type for extended periods of time
- Frequently communicates with others in person, on the phone and in writing
- Lift and carry files weighing up to 5 pounds
Nonessential Functions
- Maintain SIU Database
- Assist with SIU Training Program
Education: Bachelors degree with at least 1 yr insurance experience; or Associates degree with at least 2 yrs insurance experience.
Years/Type of Experience: If no degree, then a minimum of 4 years related insurance exp.; or 5 years law enforcement exp. with 1 year insurance experience.
Licenses/Designations: Relevant insurance industry licensing preferred.
Specific Skills: Computer proficiency, detail-oriented, decision-making ability and strong communication skills. Must possess strong writing and reporting skills.
Knowledge: Auto Insurance Underwriting Knowledge Needed. Claims Knowledge a Plus.