Contract Analyst

Title: Contract Analyst

Location: Plano, TX (onsite)

Duration: 12-month W2 contract

Need a self-starter who has experience in vendor relations as well as contract build through execution of a new contract or renewal.

• Understanding and working experience in processes such as new business setup, agency management, claims, underwriting support, policy servicing and administration etc. within insurance back-office services
• Carry on back-office activities based on alignment to specific business function within insurance services
• Gathers and collates information related to new accounts or renewals for premium assessment
• Assist agencies with licensing procedures, onboarding and training requirements along with resolving queries
• Help policy holders in claim settlement by reviewing claim payments resulting from duplicate payments, incorrect payee, etc. & ascertain appropriate administration of claims
• Perform screening and due diligence of applications for any missing data and review and upload them into file management system to support underwriters
• Ensure premium is applied per customer choices (low risk/high risk equities, etc.)
• Support underwriting and post underwriting review (in conjunction with analysts), exception handling
• Perform various policy servicing activities like policy renewals, policy changes, disbursement of maturity amount and dividends, reinstating policies and loans, certificate reissue etc.
• Oversee risk classifications as per company policies
• Assist Process Lead in workflow management and work delegation

Requirements:

• Contract Negotiations-5 years
• Vendor Management-5 years
• Property & Casualty Claims Experience-3 years
• Microsoft Suite-Word, Outlook, Excel, PowerPoint