SIU Specialist

NJ CURE9 months ago
Princeton, NJ, United States
On-site
Full-time
Junior Level (1-3 years)

Job Description

Position Overview

CURE Auto Insurance is a leading direct writer of auto insurance in New Jersey, Pennsylvania, and Michigan. CURE offers a great working environment, competitive salary, and a comprehensive benefits package which includes health and dental coverage, life and disability insurance, 401k with generous company match, and much more! The SIU Specialist is responsible for the investigation of possible fraud in underwriting and claims. May include medical provider fraud.

Key Responsibilities

  • Investigate possible fraud in underwriting and claims.
  • Provide monthly statistics, such as the number of open and closed claims/underwriting files, as well as Special Investigations Unit Savings.
  • Perform database searches and gather relevant information from claims and underwriting files to commence an investigation.
  • Conduct non-customer contact investigations, 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.
  • Conduct customer contact investigations; take recorded statements; maintain daily telephone contact with claimants, insureds, and attorneys.

Required Qualifications

  • Education: Bachelors degree with at least 1 yr insurance experience; or Associates degree with at least 2 yrs insurance experience.
  • Experience Required: If no degree, then a minimum of 4 years related insurance experience; or 5 years law enforcement experience with 1 year insurance experience.
  • Computer proficiency, detail-oriented, decision-making ability, and strong communication skills.
  • Must possess strong writing and reporting skills.
  • Auto Insurance Underwriting Knowledge needed.

Preferred Qualifications

  • Relevant insurance industry licensing preferred.
  • Claims knowledge a plus.

Benefits & Perks

  • Comprehensive health benefits including medical, dental, and vision coverage.
  • Generous paid time off (PTO days, sick days, and holidays).
  • Flexible spending options with FSA & HSA plans.
  • Life and AD&D insurance.
  • 401(k) with company match.
  • Voluntary benefits such as legal services, pet insurance, and identity & fraud protection.
  • 24/7 Employee Assistance Program (EAP) for employees and their families.
  • Health & wellness perks including gym discounts, wellness reimbursements, and reward programs.
  • Fun, engaging in-office events that support our culture.

Required Skills

Claims Analysis
Decision-Making
Insurance Underwriting Knowledge
Fraud Investigation
Communication
Detailed Reporting
Database Searching