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Detroit Public Schools Community District · 1 month ago

Program Associate I - Finance

Detroit, MI

Full-time

Onsite

Mid, Senior Level

$73K/yr - $95K/yr

5+ years exp

Detroit Public Schools Community District is seeking a Program Associate I - Finance to support various schools and departments. The role involves analyzing and adjusting reported claims to determine the District’s liability and ensuring claims are resolved according to industry standards.

Education

Responsibilities

Apply a strong understanding of insurance concepts, claims adjusting and reporting, and the closure of claims in support of maintaining District properties

Process and report property and liability claims by assembling information to determine the District’s potential exposure

Examine claim forms, policies, and endorsements to determine compensability

Compile relevant information for each claim

Assign reserve values to claims, and monitor reserve accuracy

File insurance claims with agents, as applicable

Recommend claim settlements after determining compensability and exposure; recommend subrogation when appropriate, secure executive approval for offers to claimants; file settlements with regulatory agencies

Represent the Risk Management Department at internal claim’s roundtable; discuss open files; review settlement offerings and file closures

Correspond with claimants or their representative, when appropriate

Recommend litigation when appropriate; attend and present evidence at legal proceedings on disputed matters, as required

Collaborate regarding disposal of salvaged assets

Provide loss data for reporting that includes the IBNR, School Infrastructure Data, Council of Great City Schools, and KPI

Manage audits, endorsements, site visits as ordered by the insurance company

Review lease, contract language, and MOUs, for the purpose of identifying risk of loss and exposure

Prepare/Request Certificates of Insurance for special district events

Prepare student travel report for insurance audit

Maintain a quality assurance program to support DPSCD Risk Management objectives and the consistent delivery of quality claims service

Maintain professional and technical knowledge through continuing education

Maintain integrity, clarity and confidentiality in all communications, interactions, and all facets of work

Willingness to go beyond to contribute to the success of a dynamic team committed to a new future for Detroit education

Fulfill other duties as assigned by departmental leadership

Qualification

Insurance adjustingClaims processingRisk managementTime managementInterpersonal skillsCommunication skillsIndependent work

Required

Applicants must possess and provide evidence of a bachelor's degree in business administration, or in a business discipline, from an accredited college or university

Applicants must have a minimum of ten (5) years of professional experience with an emphasis on insurance, insurance adjusting, and operations

Demonstrated time management skills to meet deadlines, as well as flexibility to adapt to changing priorities

Effective interpersonal and communication skills

Ability to work independently, prioritize multiple assignments and work with minimum supervision

Physical requirements will include extensive walking at claim sites