NextEra Energy, Inc.

Sr Insurance Operations Analyst

LocationNorth Palm Beach, FL
Job TypeFull-time

About This Job

At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today.


Position Specific Description

Palms Insurance Company, Ltd. is NextEra Energy, Inc.’s wholly-owned insurance subsidiary and provides coverage to both affiliated and non-affiliated risks. As the Operations Analyst for Claims & Finance, you will be assisting the Claims and Finance team in their day-to-day activities. This includes processing FNOLs (First Notice of Loss), following up with TPAs (Third Party Administrators), manage claims BDXs (Bordereau), processing invoices, generate loss runs & reports, documenting files, organizing file folders and liaising with Claims teams for TPAs on queries / information follow-up / documentation.

This position will support Written Premium and Finance function operations, prepare reports, monitor and evaluate outcomes. This employee will work with internal and external partners. This role performs administrative and Operations support duties with respect to processing of BDXs, LOC, invoice payment and report generation.

The Ideal Candidate Will Be Responsible For The Following

Reviews income BDXs for accuracy into the system
Utilizes policy management system to import BDXs
Liaise with MGA/MGU and internal team to ensure files are received timely, review accuracy of the data and follow-up on action items
Handle process of LOCs as requests are received.
Create management and operational reports including for policy and program renewals
Review and file all documentation required by underwriting guidelines, follow up where necessary for any incomplete or missing documentation and subjectivities
Creates and issues reports as directed by internal guidelines
Performs other job-related duties as assigned, including technical, administrative, and clerical support as required
Supports parallel claim function to support the team
Work with Operations and other functional leadership teams to document processes and recommend improvements
Establishes, communicates, and implements operations-related policies, practices, standards, and security measures to ensure effective and consistent support and execution


The Analyst Should Possess The Following

Ability to work on matrixed team in a fast-paced startup environment
Ability to manage multiple competing priorities
Excellent analytical skills
Excellent communication skills
Working knowledge of Excel


Property/casualty underwriting support experience is a plus.


Job Overview

This position will transact the Palms Insurance Company Limited insurance and reinsurance business underwriting, claims, and accounting across the group’s teams. This role will ensure accurate data and shared services for underwriting support, claims administration, and finance and accounting data, analysis, and reports.


Job Duties & Responsibilities

Create and issue underwriting policies and endorsements
Complete underwriting and claims submissions setup including rating and pricing of risks and quotation development
Ensure accurate data entry within the Insurance Platform for the underwriting, claims, and accounting teams
Manage reinsurance bookings
Reconcile premiums, claims, and collections
Review underwriting and claims Bordeaux
Develop and create management reporting
Performs other job-related duties as assigned


Required Qualifications

Bachelor's or Equivalent Experience
Experience: 4+ years


Preferred Qualifications


None

NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.


Employee Group: Exempt


Employee Type: Full Time


Job Category: Finance, Accounting & Business Analytics


Organization: Palms Management Services, LLC


Relocation Provided: Yes, if applicable

NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.

NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com , providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.

NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.

NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.

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