NiSource Sr Claims Analyst in Columbus, Ohio

Purpose:The Claims Analyst is responsible for NiSource claims management, which includes establishing, monitoring and analyzing loss reserves; partnering with third party administrators to ensure timely settlement and resolution of outstanding claims; providing analytics around effectiveness of program; ensuring compliance with various state laws and regulations.Claims Analyst positions may assume responsibility for claims activities involving Auto Liability, Auto Physical Damage, General Liability, Employer Liability, Employment Practices Liability, Fiduciary and Directors and Officers claims, short-term and long-term disability or Workers Compensation depending upon the incumbents experience and interests. The Claims Analyst is responsible for coordinating claims management issues with in-house counsel, outside counsel, HR, operations, third party administrators, excess insurers, brokers and others as called for.Key outcomes for success include:

Timely settlement of NiSource claims

Consistent and accurate reserving practices

Healthy working relationships with internal and external stakeholders

Analytics:Compiles, organizes and formats data, including qualitative analysis required for internal and external reporting

Legal and Regulatory Compliance: Ensuring all aspects of claims management and reporting comply with various state laws and regulations

Essential Responsibilities:

Professional Judgment: Identifies and understands issues, problems, and opportunities; compares data from different sources to draw conclusions; uses effective approaches for choosing course of action or developing appropriate solutions; takes action that is consistent with available facts, constraints, and probable consequences.

Reporting: Compiles, organizes and formats data, including qualitative analysis required for internal and external reporting. Identifies and researches reporting issues, provides recommendations, assists with the adoption of new reporting requirements.

Regulatory: Recognizes situations where the regulatory framework may impact claim handling. Provides timely support for data requests related to rate case inquiry.

Technical/Professional Knowledge and Skills: Understands terminology and developments. Knows when to and can apply technical knowledge to processes, procedures, and tasks.

Business Acumen: Demonstrates a working knowledge of financial statements, metrics and measures, and key strategic business initiatives; Understands and utilizes economic and industry data as it relates to job responsibilities.

Understanding FA: Demonstrates a working knowledge of the operating plan and role in the FA organization; Has a general knowledge of other departments role in the FA organization; Collaboratively develops solutions between corporate and business units.

Documentation of Work Performed: Demonstrates our commitment to quality by documenting work fully and accurately.

Continuous Process Improvement: Takes action to identify, analyze and improve existing processes within our organization to maximize opportunities for efficiency and effectiveness and meet new goals and objectives.

Follow Up: Develops and clearly communicates process for duties with appropriate interim deliverable dates. Identifies and informs of roadblocks to work plan. Gathers appropriate information and evaluates results.

Quality Orientation: Identifies department quality standards and strives to achieve them by reviewing standard procedures for effectiveness and applicability as well as establishing reasonableness checks. Established high quality output and takes action to drive quality products and services.

Stress Tolerance: Maintains focus and professionalism as well as demonstrating balance when under pressure or opposition (such as time pressure or job ambiguity). Maintains productive relationships and copes effectively during stressful situations.

Communication: Speaks and writes in a clear, logical, and succinct manner. Presents financial issues effectively to others. Effectively communicates technical information in an understandable manner.

Customer Focus: Seeks to understand and meet customers needs. Builds collaborative relationships with customers.

Meeting Participation: Clarifies current situation to ensure understanding of meeting content and conducts follow-up as necessary. Develops others and own ideas, facilitates agreement, and establishes good interpersonal relationships. Leads meetings when and where appropriate.

Applied Learning: Quickly gains knowledge, understanding and skills and actively participates in learning experiences. Applies knowledge and skills.

Safety Awareness: Identifies and corrects conditions that affect employee safety. Upholds safety standards.

Valuing Diversity: Creates and maintains an environment that naturally enables all employees to contribute to their full potential in pursuit of organizational objectives. Invites and respects others input.

Ethics and Values: Demonstrates our commitment to fair and ethical business dealings. Complies with the NiSource Code of Business Conduct. Lives by our core values of Fairness, Honesty, Integrity and Trust.

All Analyst Levels

Requires 4 year degree in business discipline

Requires knowledge of PC applications

Prefer Professional Designations: AIC, AIN, ARM, CPCU, SCLA

Analyst I and Analyst II

0-3 years of experience in claims handling in any specialty

Senior Analyst

3-6 years of experience in claims handling or claims management.

Requires multi-line experience

Lead Analyst

7 years or more experience in claims handling or claims management

Requires multi-line experience

Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.

Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Job Family: Finance